Therapix Biosciences Ltd Forecast and Stock Analysis
Technical TRPX stock analysis for April 25, 2019.
No changes to the price of Therapix Biosciences Ltd in the last trading day. The price has fallen in 5 of the last 10 days , but is still up by 0.89% over the past 2 weeks.
Close price at the end of the last trading day (Thursday, 25th Apr 2019) of the TRPX stock was $3.40.
During day the stock fluctuated 2.39% from a day low at $3.35 to a day high of $3.43.
30 day high of the TRPX stock price was $4.29 and low was $3.08.
90 day high was $5.15 and low was $3.08.
52 week high for the Therapix Biosciences Ltd - $9.30 and low - $3.00.
Therapix Biosciences Ltd 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 -17.33% during the next 3 months and, with 90% probability hold a price between $2.17 and $3.46 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday April 22, 2019, which indicates further gains until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closly at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Therapix Biosciences Ltd 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 $3.76. On a fall, the stock will find some support from the short-term average at $3.40. 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.
Relative Strength Index (RSI)
RSI14 is 60 and the stock is currently not being overbought or oversold
Support & Resistance
Therapix Biosciences Ltd finds support from accumulated volume at $3.35.
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 $0.08 between high and low, or 2.39%. For the last week, the stock has had a daily average volatility of 2.10%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Therapix Biosciences Ltd 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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|TRPX $3.40 ($0.00 0.00%)|
TRPX is down $0.00 today, but where's it headed in 2019?
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