Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Wednesday June 19, 2019 Change 0.84% Price $4.80
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Social Sentiment for NBEV

Today's data is from 211 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
80%
20%
Weighted Sentiment 0.08

Will NBEV stock price go up or down on Fri, 21 Jun 2019?

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New Age Beverages Corp Forecast and Stock Analysis

Technical NBEV stock analysis for Wednesday June 19, 2019.

Sell candidate since 2019-06-19


New Age Beverages Corp gained 0.84% in the last trading day ( Wednesday, 19th Jun 2019 ), rising from $4.76 to $4.80 , 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 day the stock fluctuated 3.43% from a day low at $4.67 to a day high of $4.83. The price has risen in 6 of the last 10 days and is up by 7.14% over the past 2 weeks. Volume fell in the last day by -1.40 million shares, and in total, 1.59 million shares bought and sold for approximately $7.61 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the NBEV stock price was $5.65 and low was $4.23.
  • 90 day high was $6.69 and low was $4.23.
  • 52 week high for the New Age Beverages Corp - $9.99 and low - $1.30.

Trend

New Age Beverages Corp lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.48% during the next 3 months and, with 90% probability hold a price between $3.82 and $5.54 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Monday June 17, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. New Age Beverages Corp holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $5.04. On a fall, the stock will find some support from the short-term average at $4.75. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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Relative Strength Index (RSI)

RSI14 is 38 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

New Age Beverages Corp finds support from accumulated volume at $4.79.

Support: $4.79 Price: $4.80 Resistance: $5.24

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 $0.16 between high and low, or 3.43%. For the last week, the stock has had a daily average volatility of 4.03%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

4.03 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

New Age Beverages Corp 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 163 votes on StockTwits.

Sell Candidate Downgraded
Stronger Sell Today NBEV ranks #3596 as SELL CANDIDATE #3596 Weaker Sell

Will NBEV stock price go up or down on Fri, 21 Jun 2019?

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