JBK Forecast and Technical Stock Analysis
Buy candidate since 2019-07-08 Gain 2.68%
Lehman ABS 3.50 3.50% Adjustable Corp Backed Tr Certs GS Cap I gained 0.35% in the last trading day ( Tuesday, 23rd Jul 2019 ), rising from $28.65 to $28.75 During the day the stock fluctuated 0.00% from a day low at $28.75 to a day high of $28.75. The price has been going up and down for this period, and there has been a 4.41% gain for the last 2 weeks. Volume fell in the last day by -570 shares and in total, 175 shares bought and sold for approximately $5 031.25. 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 JBK stock price was $28.75 and low was $26.90.
- 90 day high was $28.75 and low was $26.50.
- 52 week high for Lehman ABS 3.50 3.50% Adjustable Corp Backed Tr Certs GS Cap I - $28.75 and low - $24.00.
Lehman ABS 3.50 3.50% Adjustable Corp Backed Tr Certs GS Cap I lies in the upper part of a narrow and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $28.80 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 6% during the next 3 months and, with 90% probability hold a price between $29.14 and $30.53 at the end of this period.
Lehman ABS 3.50 3.50% Adjustable Corp Backed Tr Certs GS Cap I 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 $28.39 and $27.59. 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 Friday July 19, 2019, which indicates further falls until a new bottom pivot has been found. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 70 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
Lehman ABS 3.50 3.50% Adjustable Corp Backed Tr Certs GS Cap I finds support from accumulated volume at $28.30.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $27.80 (-3.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 day(s) ago.)
0.38 %Average volatility
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