MDRX Forecast and Technical Stock Analysis
Sell candidate since 2019-07-25 Loss -13.43%
Allscripts Healthcare Solutions gained 1.00% in the last trading day ( Monday, 19th Aug 2019 ), rising from $9.00 to $9.09 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.43% from a day low at $9.05 to a day high of $9.27. The price has fallen in 6 of the last 10 days and is down by -6.29% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.09 million more shares were traded than the day before. In total, 1.61 million shares bought and sold for approximately $14.66 million.
- 30 day high of the MDRX stock price was $11.02 and low was $8.75.
- 90 day high was $12.02 and low was $8.75.
- 52 week high for Allscripts Healthcare Solutions - $14.97 and low - $8.54.
Allscripts Healthcare Solutions lies in the lower of a very wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $8.74 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -5.27% during the next 3 months and, with 90% probability hold a price between $8.28 and $10.87 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Allscripts Healthcare Solutions 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 $9.21 and $10.54. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 28 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
Allscripts Healthcare Solutions finds support from accumulated volume at $9.00.
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 $0.22 between high and low, or 2.43%. For the last week, the stock has had a daily average volatility of 3.86%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.86 %Average volatility
Very Low Low Medium High Very High
|MDRX $9.09 ($0.09 1.00%)|
MDRX is up $0.09 today, but where's it headed in 2019?
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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!