The Priceline Group Inc. Fund Forecast

Red day on Monday for The Priceline Group Inc.
(Updated on Mar 05, 2018)

PCLN Signals & Forecast

The The Priceline Group Inc. fund holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the fund giving a positive forecast for the stock. On further gains, the fund will meet resistance from the short-term Moving Average at approximately $1,905.84. On a fall, the fund will find some support from the long-term average at approximately $1,890.92. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, February 23, 2018, and so far it has fallen -0.0724%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for The Priceline Group Inc. fund

On the downside, the fund finds support just below today's level from accumulated volume at $1,807.25 and $1,790.00. There is a natural risk involved when a fund is testing a support level, since if this is broken, the fund then may fall to the next support level. In this case, The Priceline Group Inc. finds support just below today's level at $1,807.25. If this is broken, then the next support from accumulated volume will be at $1,790.00 and $1,765.00.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

The The Priceline Group Inc. fund is extremely overbought on RSI14 (88). This increases the short-term risk substantially.

Our recommended stop-loss: $1,843.51 (-3.26%) (This fund has low daily movements and this gives low risk. The RSI14 is 88 and this increases the risk substantially. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (PCLN) For The Upcoming Trading Day Of Tuesday 6th

For the upcoming trading day on Tuesday, 6th we expect The Priceline Group Inc. to open at $1,905.64, and during the day (based on 14 day Average True Range), to move between $1,875.02 and $1,936.26, which gives a possible trading interval of +/-$30.62 (+/-1.61%) up or down from last closing price. If The Priceline Group Inc. takes out the full calculated possible swing range there will be an estimated 3.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1,910.21 (0.24%) than the support at $1,807.25 (5.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is The Priceline Group Inc. fund A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for The Priceline Group Inc. fund to perform well in the short-term.

Current score: 2.910 Buy Candidate Unchanged

Predicted Opening Price for The Priceline Group Inc. of Tuesday, March 6, 2018

The predicted opening price is based on yesterday's movements between high, low, and closing price.