Wednesday May 22, 2019 Change -0.59% Price $41.77
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Sell
TREND
Hold
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will SPHD stock price go up or down on Thu, 23 May 2019?

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PowerShares S&P 500 High Div Low VolETF Forecast and Stock Analysis

Technical SPHD stock analysis for Wednesday May 22, 2019.

Sell candidate since 2019-05-22
Shorts 0.60% ( 2013-01-15 )
Insider % n/a
Institutional % n/a
Beta 0.60
ROA 4.86%
Price to book USD 1.90
P/E Ratio n/a
Next Earnings Date n/a


PowerShares S&P 500 High Div Low VolETF fell by -0.59% in the last day ( Wednesday, 22nd May 2019 ) from $42.02 to $41.77 During day the stock fluctuated 0.53% from a day low at $41.71 to a day high of $41.93. The price has been going up and down for this period, and there has been a -0.07% loss for the last 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 -97 186 shares and in total 394 109 shares bought and sold for approximately $16.46 million.

Quick summary:

  • 30 day high of the SPHD stock price was $42.74 and low was $41.34.
  • 90 day high was $43.42 and low was $41.31.
  • 52 week high for the PowerShares S&P 500 High Div Low VolETF - $43.42 and low - $36.16.

Trend

PowerShares S&P 500 High Div Low VolETF is the lower part of a narrow and horizontal trend on short term, and normally this would pose a good buying opportunity, though a break down through the bottom trend line at $41.51 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend you can expect PowerShares S&P 500 High Div Low VolETF with 90% probability to be traded between $41.51 and $43.31 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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Signals

There are few to none technical positive signals at the moment. PowerShares S&P 500 High Div Low VolETF holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $41.92 and $42.43. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday May 16, 2019, 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.

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Relative Strength Index (RSI)

RSI14 is 44 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

PowerShares S&P 500 High Div Low VolETF finds support from accumulated volume at $41.60.

Support: $41.60 Price: $41.77 Resistance: $42.40

Risk

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 $0.22 (0.53%) between high and low. For the last week, the stock has had a daily average volatility of 0.78%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

0.78 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

PowerShares S&P 500 High Div Low VolETF holds several negative signals and is within a narrow 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today SPHD ranks #3349 as SELL CANDIDATE #3349 Weaker Sell

Will SPHD stock price go up or down
on Thu, 23 May 2019?

Predict

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