Weaker Buy Today GSB ranks #645 as BUY CANDIDATE #645 Stronger Buy

GSB stock forecast GlobalSCAPE, Inc

GSB stock forecast

VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

GSB Forecast and Technical Stock Analysis

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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.

Quick summary:

  • 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.
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Trend

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.

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Signals

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.

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A buy signal from a double bottom formation was found on Monday August 12, 2019 and based on theory for this formation the price should go up by 0.36% to $13.31 within 5 trading days since signal was issued (Monday August 19, 2019).

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.

Support: $10.76 Price: $12.67 Resistance: $13.07

Risk

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

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Upgraded

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today GSB ranks #645 as BUY CANDIDATE #645 Stronger Buy

Will GSB stock price go up or down on Mon, 19 Aug 2019?

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