Premier Hldg Corp Forecast and Stock Analysis
Technical PRHL stock analysis for March 22, 2019.
No changes to the price of Premier Hldg Corp in the last trading day. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the PRHL stock was $0.02.
During day the stock fluctuated 0.00% from a day low at $0.02 to a day high of $0.02.
30 day high of the PRHL stock price was $0.02 and low was $0.01.
90 day high was $0.02 and low was $0.01.
52 week high for the Premier Hldg Corp - $0.03 and low - $0.01.
Premier Hldg Corp lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.87% during the next 3 months and, with 90% probability hold a price between $0.01 and $0.03 at the end of this period.
Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closly at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Premier Hldg 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 $0.02. On a fall, the stock will find some support from the short-term average at $0.01. 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. A sales signal was issued from a pivot top point on Thursday March 21, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSI14 is 40 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.01 and $0.01.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Premier Hldg Corp finds support just below today's level at $0.01. If this is broken, then the next support from accumulated volume will be at $0.01 and $0.01.
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 $0.00 between high and low, or 0.00%. For the last week, the stock has had a daily average volatility of 0.65%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Premier Hldg 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.