Today SLP ranks # as BUY CANDIDATE.
Today SLP ranks # as BUY CANDIDATE.

SLP stock Simulations Plus

SLP stock
Simulations Plus

March 18, 2019
Change 0.29%
Chart period: 2018-12-19 - 2019-03-18
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will SLP stock price go up or down on Wed, 20 Mar 2019?

Simulations Plus Forecast and Stock Analysis

Technical SLP stock analysis for March 18, 2019.

Buy candidate since 2019-03-13 Gain 0.88%
Shorts n/a
Cash n/a
Loans n/a
Beta -0.51
ROA 21.43

Simulations Plus gained 0.29% in the last trading day, rising from $20.51 to $20.57 The price has risen in 6 of the last 10 days , but is still down by -0.15% for this period. Volume fell in the last day by -36 108 shares, and in total, 25 172 shares bought and sold for approximately $517 788.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Monday, 18th Mar 2019) of the SLP stock was $20.57. This is 0.29% more than the trading day before Friday, 15th Mar 2019.

During day the stock fluctuated 1.97% from a day low at $20.35 to a day high of $20.75.

30 day high of the SLP stock price was $21.66 and low was $19.77.
90 day high was $21.66 and low was $17.18.
52 week high for the Simulations Plus - $23.95 and low - $14.25.

Trend

Simulations Plus lies in the middle of a wide and strong 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 10.47% during the next 3 months and, with 90% probability hold a price between $21.67 and $24.42 at the end of this period.

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Signals

Simulations Plus holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $20.36 and $20.08. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday March 12, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

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A buy signal from a double bottom formation was found on Tuesday March 12, 2019 and based on theory for this formation the price should go up by 0.61% to $20.59 within 3 trading days since signal was issued (Friday March 15, 2019).

Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Simulations Plus finds support from accumulated volume at $20.06.

Support: $20.06 Price: $20.57 Resistance: $20.60

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $19.57 (-4.85%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Strong Buy Candidate

Simulations Plus holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Today SLP ranks # as BUY CANDIDATE.
Today SLP ranks # as BUY CANDIDATE.