Tue 14'th Aug 2018
Knoll Inc Stock Analysis
Technical stock analysis for Tue 14'th Aug 2018
|Shorts||1.61% ( 2018-07-31 )|
Knoll Inc fell by -0.53% in the last day from $22.77 to $22.65 and has now fallen 3 days in a row. The price has been going up and down for this period, and there has been a 0.44% gain for the last 2 weeks. Volume has increased in the last day by 37 311 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 218 111 shares bought and sold for approximately $4.94 million.
Knoll Inc lies in the middle of a 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 12.71% during the next 3 months and, with 90% probability hold a price between $24.42 and $26.44 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Friday August 10, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Knoll 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 $22.83. On a fall, the stock will find some support from the long-term average at approximately $21.87. 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.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline 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 63 and the stock is currently not being overbought or oversold
Support & Resistance
Knoll Inc finds support from accumulated volume at $22.55.
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 $0.46 (2.05%) between high and low. For the last week, the stock has had a daily average volatility of 1.98%.
Our recommended stoploss: $21.74 (-4.01%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 2 days ago.)
Very Low Low Medium High Very High
Knoll Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.Click for Top 5 Hold/Accumulates
|KNL $22.65 $-0.12(-0.53%)|
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