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Stronger Sell Today TELL ranks #3832 as SELL CANDIDATE #3832 Weaker Sell

TELL stock forecast Magellan Petroleum Corp

TELL stock forecast

Wednesday June 19, 2019 Change 2.38% Price $8.17
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will TELL stock price go up or down on Fri, 21 Jun 2019?

Predict
Our Evaluation:

Stop-Loss: N/A Risk: Medium

Evaluation: We hold a sell evaluation for this stock. No stop-loss set.

Pivot Evaluation:

Fair price June 20, 2019: $8.08

Current price: $8.17 ( Overvalued )

Fibonacci

Using the Fibonacci method to find support & resistance
Level Price Change
R3 8.38 2.61 %
R2 8.27 1.21 %
R1 8.20 0.34 %
Current price: 8.17 0 %
S1 7.97 -2.46 %
S2 7.90 -3.33 %
S3 7.78 -4.73 %

Accumulated Volume

Using accumulated volume to find support & resistance
Level Price Chg %
R3 10.17 24.48 %
R2 8.98 9.91 %
R1 8.80 7.71 %
Current price 8.17 0 %
S1 8.10 -0.86%
S2 8.00 -2.08%
S3 7.96 -2.57%

Sector Hausse

Sector: Energy Minerals

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.

Will TELL stock price go up or down on Fri, 21 Jun 2019?

Predict

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