IDN Forecast and Technical Stock Analysis
Buy candidate since 2020-01-14 Gain 10.12% PDF
Intellicheck Mobilisa, Inc gained 0.60% in the last trading day ( Wednesday, 22nd Jan 2020 ), rising from $9.95 to $10.01 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 4.92% from a day low at $9.75 to a day high of $10.23. The price has risen in 7 of the last 10 days and is up by 31.88% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 43 377 more shares were traded than the day before. In total, 148 731 shares bought and sold for approximately $1.49 million.
- 30 day high of the IDN stock price was $10.23 and low was $6.60.
- 90 day high was $10.23 and low was $5.03.
- 52 week high for Intellicheck Mobilisa, Inc - $10.23 and low - $2.26.
Intellicheck Mobilisa, Inc has broken the wide and strong rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at $9.76, a level that may pose a second chance to hit a runner. According to fan-theory $11.66 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.
Only positive signals in the chart today. Intellicheck Mobilisa, Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $9.32 and $7.86. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday January 16, 2020, which indicates further gains until a new top pivot has been found. Intellicheck Mobilisa, Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock holds a RSI14 at 82 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Intellicheck Mobilisa, Inc finds support from accumulated volume at $9.66.
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 $0.48 between high and low, or 4.92%. For the last week, the stock has had a daily average volatility of 6.91%.
The stock is extremely overbought on RSI14 (82). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.
Our recommended stop-loss: $9.53 (-4.81%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from pivot bottom found 3 days ago.)
6.91 %Average volatility
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Intellicheck Mobilisa, Inc holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape, we therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.