Bullish vs. Bearish (1 opinions)
Social Sentiment 0.41
RKDA Forecast and Technical Stock Analysis
Buy candidate since 2019-12-13 PDF
Arcadia Biosciences gained 3.56% in the last trading day ( Friday, 13th Dec 2019 ), rising from $5.34 to $5.53 During the day the stock fluctuated 4.84% from a day low at $5.37 to a day high of $5.63. The price has risen in 6 of the last 10 days and is up by 11.27% over the past 2 weeks. Volume fell in the last day by -45 100 shares and in total, 186 431 shares bought and sold for approximately $1.03 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 RKDA stock price was $5.99 and low was $3.95.
- 90 day high was $6.28 and low was $3.85.
- 52 week high for Arcadia Biosciences - $10.40 and low - $1.82.
Arcadia Biosciences is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Arcadia Biosciences with a 90% probability to be traded between $3.97 and $5.95 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.
Arcadia Biosciences 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 $5.44 and $4.89. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday December 12, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 64 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
Arcadia Biosciences finds support from accumulated volume at $5.43.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.26 between high and low, or 4.84%. For the last week the stock has had a daily average volatility of 7.57%.
Our recommended stop-loss: $5.25 (-5.12%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)
7.57 %Average volatility
Very Low Low Medium High Very High
Several short-term signals 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 period. We have upgraded our analysis conclusion for this stock since last evaluation from a Sell Candidate to a Buy Candidate 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!