MDLX stock forecast Medley Capital Corporation 6.875% Senior Notes due 2026
Medley Capital Corporation 6.875% Senior Notes due 2026 Forecast and Stock Analysis
Technical MDLX stock analysis for Thursday May 23, 2019.
|Price to book||n/a|
|Next Earnings Date||n/a|
Medley Capital Corporation 6.875% Senior Notes due 2026 fell by -0.91% in the last day ( Thursday, 23rd May 2019 ) from $15.36 to $15.22 and has now fallen 3 days in a row. During day the stock fluctuated 5.03% from a day low at $14.62 to a day high of $15.36. The price has fallen in 9 of the last 10 days and is down by -15.73% for this period. Volume has increased in the last day by 3 207 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, 6 901 shares bought and sold for approximately $105 033.00.
- 30 day high of the MDLX stock price was $18.39 and low was $14.58.
- 90 day high was $19.01 and low was $11.30.
- 52 week high for the Medley Capital Corporation 6.875% Senior Notes due 2026 - $24.67 and low - $11.30.
Medley Capital Corporation 6.875% Senior Notes due 2026 lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $14.07 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 18.17% during the next 3 months and, with 90% probability hold a price between $16.62 and $23.99 at the end of this period.
There are few to none technical positive signals at the moment. Medley Capital Corporation 6.875% Senior Notes due 2026 holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $15.83 and $17.40. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. Medley Capital Corporation 6.875% Senior Notes due 2026 gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".
Relative Strength Index (RSI)
The stock currently holds a RSI14 at 26 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
Support & Resistance
Medley Capital Corporation 6.875% Senior Notes due 2026 finds support from accumulated volume at $15.01.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.74 between high and low, or 5.03%. For the last week, the stock has had a daily average volatility of 5.59%.
Medley Capital Corporation 6.875% Senior Notes due 2026 is oversold on RSI14 (26). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
5.59 %Average volatility
Very Low Low Medium High Very High
The Medley Capital Corporation 6.875% Senior Notes due 2026 stock holds several negative signals and despite the positive trend we believe Medley Capital Corporation 6.875% Senior Notes due 2026 will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
|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
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