Fri 20'th Oct 2017
Knoll Inc Stock Analysis
Technical stock analysis for Fri 20'th Oct 2017
Buy candidate since 2017-10-16 Gain 1.68%
Knoll Inc lies in the middle of a wide and weak 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 7.13% during the next 3 months and, with 90% probability hold a price between $19.67 and $22.07 at the end of this period.
Only positive signals in the chart today. Knoll 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 $19.85 and $19.14. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday October 16, 2017, 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.
Relative Strength Index (RSI)
RSI14 is 51 and the stock is currently not being overbought or oversold
Support & Resistance
Knoll Inc finds support from accumulated volume at $19.36. On the upside the stock meets some resistance just above today's level from accumulated volume at $20.05 and $20.08.
The stock is about to test the resistance from accumulated volume at $20.05 and this may cause the stock to take a minor break or get into a more sideways move for a few days.
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 $0.20 (1.00%) between high and low. For the last week, the stock has had a daily average volatility of 1.60%.
Our recommended stoploss: $18.89 (-5.65%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 4 days ago.)
Very Low Low Medium High Very High
Several short-term signals, along with a general good trend, are positive and 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.
Buy KNL CFDs with Plus500
Your capital is at risk.
Important: Plus500 doesn't offer signals and it is a CFD service.
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).