MCS.L Forecast and Technical Stock Analysis
Hold candidate since 2019-08-19
The Marcus Corp gained 0.74% in the last trading day ( Monday, 19th Aug 2019 ), rising from $1.35 to $1.36 During the day the stock fluctuated 4.58% from a day low at $1.31 to a day high of $1.37. The price has been going up and down for this period, and there has been a 0.74% gain for the last 2 weeks. Volume fell in the last day by -7 474 shares and in total, 248 524 shares bought and sold for approximately $337 993.00. 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 MCS.L stock price was $1.44 and low was $1.29.
- 90 day high was $1.46 and low was $1.26.
- 52 week high for The Marcus Corp - $140.30 and low - $1.08.
The Marcus Corp 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 4.66% during the next 3 months and, with 90% probability hold a price between $1.39 and $1.53 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday August 12, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Marcus Corp holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $1.38. On a fall, the stock will find some support from the short-term average at $1.34. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. 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 also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 38 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
The Marcus Corp finds support from accumulated volume at $1.35.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $1.29 (-5.07%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
3.79 %Average volatility
Very Low Low Medium High Very High
The Marcus Corp 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 further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
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!