Kelly Services Forecast and Stock Analysis
Technical KELYA stock analysis for April 24, 2019.
Kelly Services gained 1.63% in the last trading day, rising from $22.63 to $23.00 , and has now gained 3 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. The price has risen in 6 of the last 10 days and is up by 4.36% 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, 18 972 more shares were traded than the day before. In total, 132 016 shares bought and sold for approximately $3.04 million.
Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the KELYA stock was $23.00. This is 1.63% more than the trading day before Tuesday, 23rd Apr 2019.
During day the stock fluctuated 2.17% from a day low at $22.54 to a day high of $23.03.
30 day high of the KELYA stock price was $23.05 and low was $21.29.
90 day high was $25.63 and low was $21.29.
52 week high for the Kelly Services - $31.03 and low - $19.21.
Kelly Services lies in the middle of a 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 -5.87% during the next 3 months and, with 90% probability hold a price between $19.63 and $22.81 at the end of this period.
Only positive signals in the chart today. Kelly Services 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 $22.59 and $22.36. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday April 22, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSI14 is 55 and the stock is currently not being overbought or oversold
Support & Resistance
Kelly Services finds support from accumulated volume at $22.41.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.49 (2.17%) between high and low. For the last week, the stock has had a daily average volatility of 1.98%.
Our recommended stoploss: $21.90 (-4.77%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
Very Low Low Medium High Very High
Evaluation: Buy Candidate
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.
|Golden Star Signal|
Get competitive edge
The 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 a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
|KELYA $23.00 ($0.37 1.63%)|
KELYA is up $0.37 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for KELYA based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the KELYA analysis is free »
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us