GSB Forecast and Technical Stock Analysis
Buy candidate since 2019-08-01 Loss -5.45%
GlobalSCAPE, Inc gained 0.16% in the last trading day ( Friday, 16th Aug 2019 ), rising from $12.65 to $12.67 During the day the stock fluctuated 3.55% from a day low at $12.41 to a day high of $12.85. The price has fallen in 6 of the last 10 days and is down by -9.11% for this period. Volume fell in the last day by -54 120 shares and in total, 101 700 shares bought and sold for approximately $1.29 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the GSB stock price was $14.25 and low was $9.66.
- 90 day high was $14.25 and low was $8.20.
- 52 week high for GlobalSCAPE, Inc - $14.25 and low - $3.40.
GlobalSCAPE, Inc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 49.55% during the next 3 months and, with 90% probability hold a price between $16.82 and $22.27 at the end of this period.
GlobalSCAPE, Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $13.08. On a fall, the stock will find some support from the long-term average at approximately $11.37. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 45 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $10.76 and $10.72.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, GlobalSCAPE, Inc finds support just below today's level at $10.76. If this is broken, then the next support from accumulated volume will be at $10.72 and $9.88.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.44 between high and low, or 3.55%. For the last week the stock has had a daily average volatility of 6.42%.
Our recommended stop-loss: $11.80 (-6.85%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)
6.42 %Average volatility
Very Low Low Medium High Very High
|GSB $12.67 ($0.02 0.16%)|
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