Bullish vs. Bearish (1 opinions)
Social Sentiment 0.00
MOV Forecast and Technical Stock Analysis
Sell candidate since 2019-07-01 Loss -2.81%
Movado Group Inc gained 0.78% in the last trading day ( Friday, 19th Jul 2019 ), rising from $25.77 to $25.97 During the day the stock fluctuated 2.46% from a day low at $25.45 to a day high of $26.08. The price has fallen in 6 of the last 10 days and is down by -4.45% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 34 599 more shares were traded than the day before. In total, 117 757 shares bought and sold for approximately $3.06 million.
- 30 day high of the MOV stock price was $27.86 and low was $25.45.
- 90 day high was $37.01 and low was $24.48.
- 52 week high for Movado Group Inc - $52.10 and low - $24.48.
Movado Group Inc lies the upper part of a very wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $27.33 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -30.26% during the next 3 months and, with 90% probability hold a price between $13.37 and $19.06 at the end of this period.
There are mixed signals in the stock today. Movado Group Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $26.37 and $26.34. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Thursday July 18, 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 40 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
Movado Group Inc finds support from accumulated volume at $25.76.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.63 (2.46%) between high and low. For the last week, the stock has had daily average volatility of 3.21%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.21 %Average volatility
Very Low Low Medium High Very High
|MOV $25.97 ($0.20 0.78%)|
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