Sensus Healthcare Inc Forecast and Stock Analysis
Technical SRTS stock analysis for Wednesday June 19, 2019.
Sensus Healthcare Inc gained 3.38% in the last trading day ( Wednesday, 19th Jun 2019 ), rising from $5.32 to $5.50 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During day the stock fluctuated 9.80% from a day low at $5.10 to a day high of $5.60. The price has risen in 6 of the last 10 days and is up by 0.18% over the past 2 weeks. Volume fell in the last day by -10 744 shares, and in total, 4 751 shares bought and sold for approximately $26 130.50. 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.
- 30 day high of the SRTS stock price was $5.90 and low was $4.75.
- 90 day high was $7.66 and low was $4.75.
- 52 week high for the Sensus Healthcare Inc - $9.23 and low - $4.75.
Sensus Healthcare Inc has broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $5.29, a level that may pose a second chance to hit a runner. According to fan-theory $6.20 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.
A buy signal was issued from a pivot bottom point on Wednesday June 12, 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. Sensus Healthcare Inc holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $5.57. On a fall, the stock will find some support from the short-term average at $5.06. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 50 and the stock is currently not being overbought or oversold
Support & Resistance
Sensus Healthcare Inc finds support from accumulated volume at $5.38.
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 $0.50 between high and low, or 9.80%. For the last week the stock has had a daily average volatility of 6.94%.
Since the Sensus Healthcare Inc has been rising for 6 days in a row, the risk for the next couple of days has increased.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
6.94 %Average volatility
Very Low Low Medium High Very High
Sensus Healthcare Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
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