Tuesday May 21, 2019 Change -9.40% Price $0.55
Chart period: 2019-02-22 - 2019-05-21
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will ROX stock price go up or down on Wed, 22 May 2019?

Predict

Castle Brands Inc Forecast and Stock Analysis

Technical ROX stock analysis for Tuesday May 21, 2019.

Sell candidate since 2019-05-17 Loss -10.53%
Shorts 17.11% ( 2019-04-15 )
Insider % n/a
Institutional % 18.60%
Beta 0.78
ROA -5.35%
Price to book USD 30.92
P/E Ratio -26.71
Next Earnings Date 2019-06-11


Castle Brands Inc fell by -9.40% in the last day ( Tuesday, 21st May 2019 ) from $0.61 to $0.55 and has now fallen 4 days in a row. During day the stock fluctuated 13.26% from a day low at $0.55 to a day high of $0.62. The price has fallen in 8 of the last 10 days and is down by -15.35% for this period. Volume has increased in the last day by 209 610 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, 401 108 shares bought and sold for approximately $220 730.00.

Quick summary:

  • 30 day high of the ROX stock price was $0.75 and low was $0.54.
  • 90 day high was $0.95 and low was $0.54.
  • 52 week high for the Castle Brands Inc - $1.42 and low - $0.54.

Trend

Castle Brands Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -32.58% during the next 3 months and, with 90% probability hold a price between $0.33 and $0.44 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Castle Brands 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 $0.59 and $0.64. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday May 16, 2019, which indicates further falls until a new bottom pivot has been found. Castle Brands 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".

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 33 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

Price: $0.55 Resistance: $0.66

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.07 between high and low, or 13.26%. For the last week, the stock has had a daily average volatility of 11.85%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

11.85 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today ROX ranks #5877 as SELL CANDIDATE #5877 Weaker Sell
ROX $0.55 ($-0.06 -9.40%)
ROX is down $0.06 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for ROX based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the ROX analysis is free »

Will ROX stock price go up or down
on Wed, 22 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank