Bullish vs. Bearish (1 opinions)
Social Sentiment -0.81
TURN Forecast and Technical Stock Analysis
Buy candidate since 2019-09-18 PDF
180 Degree Capital Corp gained 0.47% in the last trading day ( Wednesday, 18th Sep 2019 ), rising from $2.15 to $2.16 During the day the stock fluctuated 2.34% from a day low at $2.14 to a day high of $2.19. The price has risen in 6 of the last 10 days and is up by 1.89% over the past 2 weeks. Volume fell in the last day by -54 477 shares and in total, 6 065 shares bought and sold for approximately $13 100.40. 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.
- 30 day high of the TURN stock price was $2.24 and low was $2.07.
- 90 day high was $2.24 and low was $1.90.
- 52 week high for 180 Degree Capital Corp - $2.38 and low - $1.72.
180 Degree Capital Corp lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.82% during the next 3 months and, with 90% probability hold a price between $2.27 and $2.62 at the end of this period.
180 Degree Capital Corp 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 $2.18. On a fall, the stock will find some support from the long-term average at approximately $2.09. 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. A buy signal was issued from a pivot bottom point on Tuesday September 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.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 55 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 behaviour.
Support & Resistance
180 Degree Capital Corp finds support from accumulated volume at $2.14.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $2.04 (-5.45%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
2.96 %Average volatility
Very Low Low Medium High Very High
Several short-term signals, along with a general good trend, are positive and 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. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!