Ultrack Systems Forecast and Stock Analysis
Technical MJLB stock analysis for March 22, 2019.
No changes to the price of Ultrack Systems in the last trading day. The price has been going up and down for this period, and there has been a -5.56% loss for the last 2 weeks.
Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the MJLB stock was $0.00.
During day the stock fluctuated 0.00% from a day low at $0.00 to a day high of $0.00.
30 day high of the MJLB stock price was $0.00 and low was $0.00.
90 day high was $0.00 and low was $0.00.
52 week high for the Ultrack Systems - $0.00 and low - $0.00.
Ultrack Systems lies in the middle of a very 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 35.19% during the next 3 months and, with 90% probability hold a price between $0.00 and $0.00 at the end of this period.
There are mixed signals in the stock today. Ultrack Systems holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $0.00 and $0.00. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday March 21, 2019, which indicates further gains until a new top pivot has been found.
Relative Strength Index (RSI)
RSI14 is 50 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.00 and $0.00.
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, Ultrack Systems finds support just below today's level at $0.00. If this is broken, then the next support from accumulated volume will be at $0.00 and $0.00.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 30.10%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Ultrack Systems holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.