Simulations Plus Stock Analysis
Technical stock analysis for 23 January 2019
Simulations Plus gained 0.74% in the last trading day, rising from $18.84 to $18.98 The price has fallen in 6 of the last 10 days and is down by -7.14% for this period. Volume fell in the last day by -31 876 shares, and in total, 26 740 shares bought and sold for approximately $507 525.00. 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 (Wednesday, 23rd Jan 2019) of the SLP stock was $18.98. This is 0.74% more than the trading day before Tuesday, 22nd Jan 2019.
During day the stock fluctuated 3.48% from a day low at $18.70 to a day high of $19.35.
30 day high of the SLP stock price was $21.00 and low was $17.43.
90 day high was $21.25 and low was $17.18.
52 week high for the Simulations Plus - $23.95 and low - $14.25.
Simulations Plus lies in the middle of a 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 -6.62% during the next 3 months and, with 90% probability hold a price between $15.93 and $18.86 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday January 22, 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. Simulations Plus holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $19.34 and $19.19. A break-up above any of these levels will issue buy signals. 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.
Relative Strength Index (RSI)
RSI14 is 44 and the stock is currently not being overbought or oversold
Support & Resistance
Simulations Plus finds support from accumulated volume at $18.80.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.65 between high and low, or 3.48%. For the last week the stock has had a daily average volatility of 4.23%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Simulations Plus holds several negative signals and is within a wide 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.
|SLP $18.98 $0.14(0.74%)|
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