RA Forecast and Technical Stock AnalysisBuy candidate since 2019-07-11 Gain 0.23%
Railamerica gained 0.23% in the last trading day ( Friday, 12th Jul 2019 ), rising from $21.92 to $21.97 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 0.27% from a day low at $21.94 to a day high of $22.00. The price has risen in 5 of the last 10 days and is up by 1.2% over the past 2 weeks. Volume fell in the last day by -12 775 shares, and in total, 93 425 shares bought and sold for approximately $2.05 million. 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 RA stock price was $22.10 and low was $21.50.
- 90 day high was $22.27 and low was $21.10.
- 52 week high for the Railamerica - $23.55 and low - $17.95.
Railamerica is at the upper part of a narrow and horizontal trend and normally this would pose a good selling opportunity, but a break-up through the top trend line at $22.03 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend you can expect Railamerica with 90% probability to be traded between $20.84 and $21.80 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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 $21.79 and $21.75. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday July 05, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 47 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 behavior.
Support & Resistance
Railamerica finds support from accumulated volume at $21.85.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.06 (0.27%) between high and low. For the last week, the stock has had a daily average volatility of 0.45%.
Our recommended stoploss: $20.82 (-5.23%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
0.45 %Average volatility
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