Sensus Healthcare Inc. Warrant Forecast and Stock Analysis
Technical SRTSW stock analysis for Friday June 14, 2019.
Sensus Healthcare Inc. Warrant fell by -27.01% in the last day ( Friday, 14th Jun 2019 ) from $0.30 to $0.22 During day the stock fluctuated 0.00% from a day low at $0.22 to a day high of $0.22. The price has fallen in 5 of the last 10 days , but is still up by 850.32% over the past 2 weeks. Volume has increased in the last day by 500 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, 500 shares bought and sold for approximately $110.00.
- 30 day high of the SRTSW stock price was $0.34 and low was $0.02.
- 90 day high was $1.00 and low was $0.02.
- 52 week high for the Sensus Healthcare Inc. Warrant - $2.25 and low - $0.02.
Sensus Healthcare Inc. Warrant lies in the middle of a very 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 -56.26% during the next 3 months and, with 90% probability hold a price between $-0.11 and $0.20 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Friday June 07, 2019, which indicates further falls until a new bottom pivot has been found. Sensus Healthcare Inc. Warrant gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's". The very low volume increases the risk and reduces the other technical signals issued. Sensus Healthcare Inc. Warrant 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 $0.31. On a fall, the stock will find some support from the long-term average at approximately $0.15. 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.
Relative Strength Index (RSI)
The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.19 and $0.17.
With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.00 may give a huge drop in the stock price.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week, the stock has had a daily average volatility of 13.30%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
13.30 %Average volatility
Very Low Low Medium High Very High
Sensus Healthcare Inc. Warrant 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. 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.
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