Stronger Sell Today MDLX ranks #4097 as SELL CANDIDATE #4097 Weaker Sell

MDLX stock forecast Medley Capital Corporation 6.875% Senior Notes due 2026

MDLX stock forecast

Thursday May 23, 2019 Change -0.91% Price $15.22
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will MDLX stock price go up or down on Fri, 24 May 2019?

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Medley Capital Corporation 6.875% Senior Notes due 2026 Forecast and Stock Analysis

Technical MDLX stock analysis for Thursday May 23, 2019.

Sell candidate since 2019-05-13 Loss -12.80%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 0.56
ROA n/a
Price to book n/a
P/E Ratio 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.

Quick summary:

  • 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.

Trend

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.

Click here for today's Top 5 Trending Companies

Signals

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".

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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.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Medley Capital Corporation 6.875% Senior Notes due 2026 finds support from accumulated volume at $15.01.

Support: $15.01 Price: $15.22 Resistance: $15.27

Risk

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

Overall risk:

Very Low Low Medium High Very High

Evaluation:

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.

Sell Candidate Upgraded
Stronger Sell Today MDLX ranks #4097 as SELL CANDIDATE #4097 Weaker Sell

Will MDLX stock price go up or down
on Fri, 24 May 2019?

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