PROS Holdings Inc Forecast and Stock Analysis
Technical PRO stock analysis for Wednesday May 22, 2019.
|Shorts||20.45% ( 2019-04-15 )|
|Price to book||USD 64.25|
|Next Earnings Date||2019-07-21|
PROS Holdings Inc fell by -0.08% in the last day ( Wednesday, 22nd May 2019 ) from $51.69 to $51.65 During day the stock fluctuated 1.36% from a day low at $51.51 to a day high of $52.21. The price has been going up and down for this period, and there has been a 0.02% gain for the last 2 weeks. Volume has increased in the last day by 133 761 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 344 304 shares bought and sold for approximately $17.78 million.
- 30 day high of the PRO stock price was $53.35 and low was $42.58.
- 90 day high was $53.35 and low was $39.62.
- 52 week high for the PROS Holdings Inc - $53.35 and low - $28.18.
PROS Holdings Inc lies in the middle of a 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 28.86% during the next 3 months and, with 90% probability hold a price between $61.70 and $70.92 at the end of this period.
PROS Holdings Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $51.33 and $47.70. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSI14 is 55 and the stock is currently not being overbought or oversold
Support & Resistance
PROS Holdings Inc finds support from accumulated volume at $51.60.
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 $0.70 between high and low, or 1.36%. For the last week, the stock has had a daily average volatility of 2.73%.
Our recommended stoploss: $49.90 (-3.38%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)
2.73 %Average volatility
Very Low Low Medium High Very High
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 this stock to perform well in the short-term.
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|PRO $51.65 ($-0.04 -0.08%)|
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