Standard Register Company Forecast and Stock Analysis
Technical SR stock analysis for February 14, 2019.
|Shorts||5.01% ( 2019-01-31 )|
Standard Register Company fell by -1.72% in the last day from $76.66 to $75.34 and has now fallen 5 days in a row. The price has fallen in 7 of the last 10 days and is down by -5.08% for this period. Volume has increased in the last day by 10.86 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 11.25 million shares bought and sold for approximately $847.25 million.
Close price at the end of the last trading day (Thursday, 14th Feb 2019) of the SR stock was $75.34. This is 1.72% less than the trading day before Wednesday, 13th Feb 2019.
During day the stock fluctuated 1.85% from a day low at $75.30 to a day high of $76.69.
30 day high of the SR stock price was $79.54 and low was $73.81.
90 day high was $81.13 and low was $70.53.
52 week high for the Standard Register Company - $81.13 and low - $63.91.
Standard Register Company 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 -2.33% during the next 3 months and, with 90% probability hold a price between $68.42 and $77.21 at the end of this period.
There are few to none technical positive signals at the moment. Standard Register Company holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $77.23 and $75.92. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday January 31, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSI14 is 41 and the stock is currently not being overbought or oversold
Support & Resistance
Standard Register Company finds support from accumulated volume at $75.21.
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 $1.39 (1.85%) between high and low. For the last week, the stock has had a daily average volatility of 1.47%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Standard Register Company 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.