SSY Forecast and Technical Stock Analysis

Hold candidate since 2019-07-17 Gain 2.70%

SunLink Health Systems, Inc gained 2.70% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $1.48 to $1.52 During day the stock fluctuated 3.37% from a day low at $1.48 to a day high of $1.53. The price has risen in 5 of the last 10 days and is up by 1.33% over the past 2 weeks. Volume fell in the last day by -121 shares, and in total, 803 shares bought and sold for approximately $1 220.56. 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.

Quick summary:

  • 30 day high of the SSY stock price was $1.55 and low was $1.45.
  • 90 day high was $1.70 and low was $1.34.
  • 52 week high for the SunLink Health Systems, Inc - $1.70 and low - $0.81.
Top Trending Stocks


SunLink Health Systems, Inc lies the upper part of a wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $1.55 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.31% during the next 3 months and, with 90% probability hold a price between $1.22 and $1.42 at the end of this period.

Top Golden Star Stocks


SunLink Health Systems, Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $1.50 and $1.48. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday July 17, 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. 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.

A buy signal from a double bottom formation was found on Wednesday July 17, 2019 and based on theory for this formation the price should go up by 0.10% to $1.58 within 3 trading days since signal was issued (Monday July 22, 2019).

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 53 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

SunLink Health Systems, Inc finds support from accumulated volume at $1.49.

Support: $1.49 Price: $1.52 Resistance: $1.56


In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $1.45 (-4.60%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

1.99 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded


SunLink Health Systems, Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Will SSY stock price go up or down on Mon, 22 Jul 2019?

Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at