Weaker Buy Today HEAR ranks #578 as BUY CANDIDATE. Stronger Buy
Today HEAR ranks #578 as BUY CANDIDATE.

HEAR stock Turtle Beach Corporation

HEAR stock
Turtle Beach Corporation

Tue 11'th Dec 2018

PERIOD 2018-09-12 - 2018-12-11
CHANGE -1.96%
VOLUME
Sell
TREND
Sell

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy
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Turtle Beach Corporation Stock Analysis

Technical stock analysis for Tue 11'th Dec 2018

Buy candidate since 2018-12-10 Loss -1.96%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.71
ROA 36.90

Turtle Beach Corporation fell by -1.96% in the last day from $17.83 to $17.48 The price has been going up and down for this period, and there has been a 15.15% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -83 410 shares and in total 645 936 shares bought and sold for approximately $11.29 million.

Trend

Turtle Beach Corporation lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.36% during the next 3 months and, with 90% probability hold a price between $10.14 and $16.36 at the end of this period.

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Signals

Turtle Beach Corporation holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $16.99 and $17.13. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday December 10, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 62 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Turtle Beach Corporation finds support from accumulated volume at $16.73.

Support: $16.73 Price: $17.48 Resistance: $18.01

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.93 between high and low, or 5.42%. For the last week, the stock has had a daily average volatility of 11.24%.

Our recommended stoploss: $16.52 (-5.47%) (This stock has high daily movements and this gives high risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals are positive, despite the stock being in a falling trend, 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 HEAR ranks #578 as BUY CANDIDATE. Stronger Buy
Today HEAR ranks #578 as BUY CANDIDATE.