Previous Hold Today RTEC ranks #2101 as HOLD CANDIDATE #2101 Next Hold

RTEC stock forecast Rudolph Technologies Inc

RTEC stock forecast

VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

RTEC Forecast and Technical Stock Analysis

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Hold candidate since 2019-08-16

Rudolph Technologies Inc gained 2.62% in the last trading day ( Friday, 16th Aug 2019 ), rising from $22.55 to $23.14 During the day the stock fluctuated 2.29% from a day low at $22.67 to a day high of $23.19. The price has fallen in 8 of the last 10 days and is down by -12.32% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 71 075 more shares were traded than the day before. In total, 228 704 shares bought and sold for approximately $5.29 million.

Quick summary:

  • 30 day high of the RTEC stock price was $29.57 and low was $22.12.
  • 90 day high was $29.57 and low was $22.12.
  • 52 week high for Rudolph Technologies Inc - $29.57 and low - $18.13.
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Trend

Rudolph Technologies Inc lies in the lower part of a very wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $22.59 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 8.77% during the next 3 months and, with 90% probability hold a price between $24.57 and $32.36 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Rudolph Technologies 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 $23.18 and $26.37. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

The stock currently holds a RSI14 at 16 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

Rudolph Technologies Inc finds support from accumulated volume at $23.11.

Support: $23.11 Price: $23.14 Resistance: $25.03

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 $0.52 between high and low, or 2.29%. For the last week, the stock has had a daily average volatility of 2.95%.

Rudolph Technologies Inc is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $21.59 (-6.71%) (This stock has high daily movements and this gives high risk. Low RSI14 is 16 which reduces the risk some. There is a buy signal from pivot bottom found 1 days ago.)

2.95 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded

Evaluation

Rudolph Technologies 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.

Previous Hold Today RTEC ranks #2101 as HOLD CANDIDATE #2101 Next Hold

Will RTEC stock price go up or down on Mon, 19 Aug 2019?

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