Repro Med Sys Inc Forecast and Stock Analysis
Technical REPR stock analysis for February 15, 2019.
Repro Med Sys Inc fell by -6.58% in the last day from $1.52 to $1.42 The price has been going up and down for this period, and there has been a -4.7% loss for the last 2 weeks. Volume has increased in the last day by 125 686 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, 125 686 shares bought and sold for approximately $178 474.00.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the REPR stock was $1.42. This is 6.58% less than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 10.29% from a day low at $1.36 to a day high of $1.50.
30 day high of the REPR stock price was $1.65 and low was $1.36.
90 day high was $1.65 and low was $1.35.
52 week high for the Repro Med Sys Inc - $1.80 and low - $1.10.
Repro Med Sys Inc has broken the wide and weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $1.45. A reaction back to this level may hold a second chance to get out before further falls.
There are few to none technical positive signals at the moment. Repro Med Sys Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $1.53 and $1.54. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday February 12, 2019, which indicates further falls until a new bottom pivot has been found. Repro Med Sys Inc gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".
Relative Strength Index (RSI)
RSI14 is 35 and the stock is currently not being overbought or oversold
Support & Resistance
Repro Med Sys Inc finds support from accumulated volume at $1.42.
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 $0.14 (10.29%) between high and low. For the last week, the stock has had a daily average volatility of 6.11%.
Our recommended stoploss: $1.34 (-5.60%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 3 days ago.)
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Repro Med Sys Inc holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.