SENS Forecast and Technical Stock Analysis
Hold candidate since 2019-10-17 PDF
Senseonics Holdings Inc gained 1.62% in the last trading day ( Thursday, 17th Oct 2019 ), rising from $0.93 to $0.95 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 6.96% from a day low at $0.91 to a day high of $0.97. The price has risen in 6 of the last 10 days and is up by 0.93% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 7 986 more shares were traded than the day before. In total, 744 720 shares bought and sold for approximately $703 909.00.
- 30 day high of the SENS stock price was $1.12 and low was $0.80.
- 90 day high was $1.25 and low was $0.80.
- 52 week high for Senseonics Holdings Inc - $4.15 and low - $0.80.
Senseonics Holdings 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 -19.48% during the next 3 months and, with 90% probability hold a price between $0.66 and $0.84 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday October 14, 2019, which indicates further gains until a new top pivot has been found. Senseonics Holdings Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Senseonics Holdings Inc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $1.00. On a fall, the stock will find some support from the short-term average at $0.89. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 75 ]
RSI14 is 43 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
Senseonics Holdings Inc finds support from accumulated volume at $0.94.
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 $0.06 between high and low, or 6.96%. For the last week, the stock has had a daily average volatility of 7.72%.
Our recommended stop-loss: $0.90 (-5.13%) (This stock has high daily movements and this gives high risk. There is a buy signal from pivot bottom found 3 days ago.)
7.72 %Average volatility
Very Low Low Medium High Very High
Senseonics Holdings Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
|SENS $0.95 ($0.02 1.62%)|
SENS is up $0.02 today, but where's it headed in 2019?
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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!