Friday June 14, 2019 Change 0.35% Price $389.06
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will UHAL stock price go up or down on Mon, 17 Jun 2019?

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Amerco Forecast and Stock Analysis

Technical UHAL stock analysis for Friday June 14, 2019.

Buy candidate since 2019-06-13 Gain 0.35%


Amerco gained 0.35% in the last trading day ( Friday, 14th Jun 2019 ), rising from $387.70 to $389.06 , 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. During day the stock fluctuated 1.97% from a day low at $384.80 to a day high of $392.40. The price has risen in 8 of the last 10 days and is up by 5.66% over the past 2 weeks. Volume fell in the last day by -46 615 shares, and in total, 53 101 shares bought and sold for approximately $20.66 million. 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 UHAL stock price was $402.95 and low was $363.51.
  • 90 day high was $402.95 and low was $355.56.
  • 52 week high for the Amerco - $402.95 and low - $316.00.

Trend

Amerco lies in the middle of a wide and weak 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 6.4% during the next 3 months and, with 90% probability hold a price between $395.95 and $436.61 at the end of this period.

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Signals

Only positive signals in the chart today. Amerco 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 $389.55. On a fall, the stock will find some support from the long-term average at approximately $386.05. 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 Wednesday June 12, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

The stock had a Golden Star Signal* on Wednesday April 10, 2019 in the short-term chart.

* 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.

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Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Amerco finds support from accumulated volume at $388.96.

Support: $388.96 Price: $389.06 Resistance: $389.34

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $7.59 (1.97%) between high and low. For the last week, the stock has had a daily average volatility of 1.86%.

Our recommended stoploss: $369.33 (-5.07%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)

1.86 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

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.

Buy Candidate Downgraded
Weaker Buy Today UHAL ranks #420 as BUY CANDIDATE #420 Stronger Buy

Will UHAL stock price go up or down on Mon, 17 Jun 2019?

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