Weaker Buy Today OSIS ranks #1082 as BUY CANDIDATE #1082 Stronger Buy

OSIS stock forecast OSI Systems

OSIS stock forecast

VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

OSIS Forecast and Technical Stock Analysis

PDF
Buy candidate since 2019-08-16

OSI Systems gained 0.62% in the last trading day ( Friday, 16th Aug 2019 ), rising from $103.43 to $104.07 During the day the stock fluctuated 2.26% from a day low at $103.32 to a day high of $105.65. The price has been going up and down for this period, and there has been a -5.02% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 336 352 more shares were traded than the day before. In total, 535 407 shares bought and sold for approximately $55.72 million.

Quick summary:

  • 30 day high of the OSIS stock price was $114.58 and low was $103.30.
  • 90 day high was $117.21 and low was $99.82.
  • 52 week high for OSI Systems - $117.21 and low - $67.15.
Top Trending Stocks

Trend

OSI Systems lies in the lower part of a wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $103.49 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 3.19% during the next 3 months and, with 90% probability hold a price between $106.79 and $122.57 at the end of this period.

Top Golden Star Stocks

Signals

OSI Systems 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 $106.01 and $111.06. A break-up above any of these levels will issue buy signals. Some positive signals were issued as well, and these may have some influence on the near short-term development. 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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 25 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

OSI Systems finds support from accumulated volume at $103.43.

Support: $103.43 Price: $104.07 Resistance: $110.85

Risk

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 $2.33 (2.26%) between high and low. For the last week, the stock has had daily average volatility of 1.83%.

Our recommended stop-loss: $97.19 (-6.61%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

1.83 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Upgraded

Evaluation

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, for the wholesome period, we think that today's level holds a possible buying-opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Weaker Buy Today OSIS ranks #1082 as BUY CANDIDATE #1082 Stronger Buy

Will OSIS stock price go up or down on Mon, 19 Aug 2019?

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!

Get access to Golden Star list now!
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT