Sensus Healthcare Inc. Warrant Forecast and Stock Analysis
Technical SRTSW stock analysis for March 19, 2019.
Sensus Healthcare Inc. Warrant gained 7.71% in the last trading day, rising from $0.93 to $1.00 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 39 707 more shares were traded than the day before. In total, 50 100 shares bought and sold for approximately $50 100.00.
Close price at the end of the last trading day (Tuesday, 19th Mar 2019) of the SRTSW stock was $1.00. This is 7.71% more than the trading day before Monday, 18th Mar 2019.
During day the stock fluctuated 0.00% from a day low at $1.00 to a day high of $1.00.
30 day high of the SRTSW stock price was $1.05 and low was $0.60.
90 day high was $1.30 and low was $0.35.
52 week high for the Sensus Healthcare Inc. Warrant - $3.80 and low - $0.35.
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 -9.84% during the next 3 months and, with 90% probability hold a price between $0.54 and $1.10 at the end of this period.
Only positive signals in the chart today. Sensus Healthcare Inc. Warrant holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $0.75 and $0.88. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday March 13, 2019, which indicates further gains until a new top pivot has been found. Sensus Healthcare Inc. Warrant has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 60 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.93 and $0.90.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Sensus Healthcare Inc. Warrant finds support just below today's level at $0.93. If this is broken, then the next support from accumulated volume will be at $0.90 and $0.77.
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 4.08%.
Our recommended stoploss: $0.94 (-5.90%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 4 days ago.)
Very Low Low Medium High Very High
Evaluation: Buy Candidate
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.