Sensus Healthcare Inc Forecast and Stock Analysis
Technical SRTS stock analysis for March 22, 2019.
Sensus Healthcare Inc fell by -3.42% in the last day from $7.61 to $7.35 The price has fallen in 6 of the last 10 days and is down by -3.42% for this period. 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 -3 325 shares and in total 34 402 shares bought and sold for approximately $252 855.00.
Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the SRTS stock was $7.35. This is 3.42% less than the trading day before Thursday, 21st Mar 2019.
During day the stock fluctuated 4.53% from a day low at $7.28 to a day high of $7.61.
30 day high of the SRTS stock price was $9.23 and low was $7.19.
90 day high was $9.23 and low was $6.02.
52 week high for the Sensus Healthcare Inc - $9.23 and low - $5.00.
Sensus Healthcare Inc lies in the lower part of a very wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $7.15 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.76% during the next 3 months and, with 90% probability hold a price between $7.34 and $9.51 at the end of this period.
There are few to none technical positive signals at the moment. Sensus Healthcare Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $7.84 and $7.66. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday March 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSI14 is 46 and the stock is currently not being overbought or oversold
Support & Resistance
Sensus Healthcare Inc finds support from accumulated volume at $7.03.
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 $0.33 between high and low, or 4.53%. For the last week the stock has had a daily average volatility of 8.06%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
The Sensus Healthcare Inc stock holds several negative signals and despite the positive trend we believe Sensus Healthcare Inc will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.