SND.L Forecast and Technical Stock Analysis
Hold candidate since 2019-08-14
No changes to the price of Smart Sand Inc in the last trading day ( Friday, 16th Aug 2019 ). During the day the stock fluctuated 1.45% from a day low at £1.38 to a day high of £1.40. The price has been going up and down for this period, and there has been a 1.45% gain for the last 2 weeks.
- 30 day high of the SND.L stock price was £1.41 and low was £1.23.
- 90 day high was £1.41 and low was £1.05.
- 52 week high for Smart Sand Inc - £101.50 and low - £0.74.
Smart Sand Inc 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 20.43% during the next 3 months and, with 90% probability hold a price between £1.56 and £1.81 at the end of this period.
Smart Sand Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £1.40. On a fall, the stock will find some support from the long-term average at approximately £1.33. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday August 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 88 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
Smart Sand Inc finds support from accumulated volume at £1.38.
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 £0.02 between high and low, or 1.45%. For the last week the stock has had a daily average volatility of 1.60%.
The stock is extremely overbought on RSI14 (88). This increases the short-term risk substantially.
Our recommended stop-loss: £1.35 (-3.79%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 88 and this increases the risk substantially. There is a sell signal from pivot top found 1 day(s) ago.)
1.60 %Average volatility
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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!