Fri 20'th Jul 2018
Sirius XM Holdings Inc. Stock Analysis
Technical stock analysis for Fri 20'th Jul 2018
|Shorts||10.41% ( 2018-06-29 )|
|Loans||19 937.8 mill|
Sirius XM Holdings Inc. fell by -0.42% in the last day from $7.14 to $7.11 The price has risen in 6 of the last 10 days and is up by 1.57% over the past 2 weeks. 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 -1.02 million shares and in total 11.55 million shares bought and sold for approximately $82.10 million.
Sirius XM Holdings Inc. lies in the middle of a wide and weak 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 9.62% during the next 3 months and, with 90% probability hold a price between $7.49 and $8.66 at the end of this period.
Some negative signals were issued as well, and these may have some influence on the near short-term development. Sirius XM Holdings Inc. holds a buysignal 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 $7.11. On a fall, the stock will find some support from the short-term average at $7.10. 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. A sales signal was issued from a pivot top point on Thursday July 19, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
The stock holds a RSI14 at 74 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
Support & Resistance
Sirius XM Holdings Inc. finds support from accumulated volume at $7.10.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.08 (1.13%) between high and low. For the last week, the stock has had a daily average volatility of 1.69%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
Very Low Low Medium High Very High
Sirius XM Holdings Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.Click for Top 5 Sell Candidates
|SIRI $7.11 $-0.03(-0.42%)|
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