OVAS Forecast and Technical Stock Analysis
Sell candidate since 2019-06-13 Loss -47.72% PDF
Ovascience Inc. gained 1.04% in the last trading day ( Tuesday, 17th Sep 2019 ), rising from $6.70 to $6.77 , and has now gained 8 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the day the stock fluctuated 4.88% from a day low at $6.56 to a day high of $6.88. The price has risen in 8 of the last 10 days and is up by 44.04% over the past 2 weeks. Volume fell in the last day by -7 996 shares and in total, 23 647 shares bought and sold for approximately $160 090.00. 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.
- 30 day high of the OVAS stock price was $7.50 and low was $4.56.
- 90 day high was $12.81 and low was $4.56.
- 52 week high for Ovascience Inc. - $17.34 and low - $0.66.
Ovascience Inc. has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $5.78, a level that may pose a second chance to hit a runner. According to fan-theory $8.15 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.
A buy signal was issued from a pivot bottom point on Tuesday September 03, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Ovascience Inc. holds a buy signal 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 $6.90. On a fall, the stock will find some support from the short-term average at $6.00. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 56 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
Ovascience Inc. finds support from accumulated volume at $6.50.
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 $0.32 between high and low, or 4.88%. For the last week the stock has had a daily average volatility of 7.63%.
Since the Ovascience Inc. has been rising for 8 days in a row, the risk for the next couple of days has increased.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
7.63 %Average volatility
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|OVAS $6.77 ($0.07 1.04%)|
OVAS is up $0.07 today, but where's it headed in 2019?
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