RA Forecast and Technical Stock Analysis
Buy candidate since 2019-09-16 PDF
Railamerica gained 0.62% in the last trading day ( Monday, 16th Sep 2019 ), rising from $22.60 to $22.74 During the day the stock fluctuated 0.80% from a day low at $22.58 to a day high of $22.76. The price has risen in 5 of the last 10 days and is up by 1.7% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 20 723 more shares were traded than the day before. In total, 146 659 shares bought and sold for approximately $3.34 million.
- 30 day high of the RA stock price was $22.85 and low was $22.04.
- 90 day high was $22.85 and low was $21.65.
- 52 week high for Railamerica - $23.46 and low - $17.95.
Railamerica has broken the narrow and weak rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at $22.62, a level that may pose a second chance to hit a runner. According to fan-theory $23.10 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.
Only positive signals in the chart today. Railamerica 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 $22.67 and $22.24. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday August 05, 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.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 76 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
Railamerica finds support from accumulated volume at $22.19.
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 $0.18 (0.80%) between high and low. For the last week, the stock has had daily average volatility of 0.68%.
Our recommended stop-loss: $21.65 (-4.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 29 days ago.)
0.68 %Average volatility
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Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rising rate. We can 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 period. Due to a possible false trend-break a pure Buy Recommendation is held back. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
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!