Friday May 24, 2019 Change 11.52% Price $0.08
Chart period: 2019-02-25 - 2019-05-24
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will RMHB stock price go up or down on Tue, 28 May 2019?

Predict

Rocky Mountain High Brands, Inc. Forecast and Stock Analysis

Technical RMHB stock analysis for Friday May 24, 2019.

Buy candidate since 2019-04-30 Gain 4.23%


Rocky Mountain High Brands, Inc. gained 11.52% in the last trading day ( Friday, 24th May 2019 ), rising from $0.07 to $0.08 During day the stock fluctuated 26.40% from a day low at $0.06 to a day high of $0.08. The price has risen in 5 of the last 10 days and is up by 0.06% over the past 2 weeks. Volume fell in the last day by -506 399 shares, and in total, 363 738 shares bought and sold for approximately $28 244.30. 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.

Quick summary:

  • 30 day high of the RMHB stock price was $0.25 and low was $0.06.
  • 90 day high was $0.27 and low was $0.00.
  • 52 week high for the Rocky Mountain High Brands, Inc. - $0.27 and low - $0.00.

Trend

Rocky Mountain High Brands, Inc. lies in the middle of a very 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 145.52% during the next 3 months and, with 90% probability hold a price between $0.08 and $0.43 at the end of this period.

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Signals

Rocky Mountain High Brands, 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 $0.08 and $0.06. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday May 23, 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 not be. The very low volume increases the risk and reduces the other technical signals issued.

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A sell signal from a double top formation was found on Thursday May 16, 2019 and based on theory for this formation the price should fall by -0.00% to $0.08 within 7 trading days since signal was issued (Tuesday May 28, 2019).

Relative Strength Index (RSI)

RSI14 is 48 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Rocky Mountain High Brands, Inc. finds support from accumulated volume at $0.08.

Support: $0.08 Price: $0.08 Resistance: $0.08

Risk

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 $0.02 between high and low, or 26.40%. For the last week the stock has had a daily average volatility of 21.07%.

Our recommended stoploss: $0.07 (-4.68%) (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.)

21.07 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Will RMHB stock price go up or down
on Tue, 28 May 2019?

Predict

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