SECURITY BUS BCP CA Forecast and Stock Analysis
Technical SBBC stock analysis for February 15, 2019.
SECURITY BUS BCP CA fell by -0.01% in the last day from $25.04 to $25.04 and has now fallen 3 days in a row. The price has risen in 6 of the last 10 days , but is still down by -1.62% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -11 649 shares and in total 15 505 shares bought and sold for approximately $388 203.00.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the SBBC stock was $25.04. This is 0.01% less than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 0.08% from a day low at $25.03 to a day high of $25.05.
30 day high of the SBBC stock price was $25.53 and low was $25.03.
90 day high was $25.53 and low was $24.95.
52 week high for the SECURITY BUS BCP CA - $25.74 and low - $24.62.
Given the current horizontal trend you can expect SECURITY BUS BCP CA with 90% probability to be traded between $25.50 and $26.01 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.
There are few to none technical positive signals at the moment. SECURITY BUS BCP CA holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $25.37 and $25.35. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday February 13, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
The stock currently holds a RSI14 at 19 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.
Support & Resistance
SECURITY BUS BCP CA finds support from accumulated volume at $25.00.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
SECURITY BUS BCP CA is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
SECURITY BUS BCP CA holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.