MDLQ Forecast and Technical Stock Analysis
Buy candidate since 2019-09-26 Gain 7.41% PDF
Medley LLC 7.25% Notes due 2024 fell by -0.92% in the last day ( Thursday, 17th Oct 2019 ) from $21.80 to $21.60 and has now fallen 3 days in a row. During the day the stock fluctuated 1.74% from a day low at $21.41 to a day high of $21.78. The price has risen in 6 of the last 10 days and is up by 4.4% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -6 011 shares and in total 4 747 shares bought and sold for approximately $102 535.00.
- 30 day high of the MDLQ stock price was $22.46 and low was $19.20.
- 90 day high was $22.46 and low was $14.25.
- 52 week high for Medley LLC 7.25% Notes due 2024 - $25.15 and low - $12.04.
Medley LLC 7.25% Notes due 2024 lies in the middle of a wide and 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 28.23% during the next 3 months and, with 90% probability hold a price between $24.40 and $30.32 at the end of this period.
Medley LLC 7.25% Notes due 2024 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 $21.52 and $20.24. 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 Tuesday October 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 65 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
On the downside, the stock finds support just below today's level from accumulated volume at $19.40 and $18.58.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Medley LLC 7.25% Notes due 2024 finds support just below today's level at $19.40. If this is broken, then the next support from accumulated volume will be at $18.58 and $18.37.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $20.62 (-4.54%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 2 day(s) ago.)
2.93 %Average volatility
Very Low Low Medium High Very High
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!