Previous Hold Today UHAL ranks #2601 as HOLD CANDIDATE. Stronger Buy
Today UHAL ranks #2601 as HOLD CANDIDATE.

UHAL stock Amerco

UHAL stock
Amerco

February 15, 2019
Change -0.53%
Chart period: 2018-11-16 - 2019-02-15
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will UHAL stock price go up or down on Tue, 19 Feb 2019?

Amerco Forecast and Stock Analysis

Technical UHAL stock analysis for February 15, 2019.

Hold candidate since 2019-02-15
Shorts n/a
Cash n/a
Loans n/a
Beta 0.84
ROA 3.51

Amerco fell by -0.53% in the last day from $378.44 to $376.42 The price has been going up and down for this period, and there has been a 3.46% gain for the last 2 weeks. Volume has increased in the last day by 10 724 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 52 067 shares bought and sold for approximately $19.60 million.

Close price at the end of the last trading day (Friday, 15th Feb 2019) of the UHAL stock was $376.42. This is 0.53% less than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 2.25% from a day low at $375.43 to a day high of $383.89.

30 day high of the UHAL stock price was $387.95 and low was $341.99.
90 day high was $387.95 and low was $319.51.
52 week high for the Amerco - $387.95 and low - $316.00.

Trend

Amerco lies in the upper part of a wide and weak rising 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 $383.05 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 7.86% during the next 3 months and, with 90% probability hold a price between $365.59 and $413.16 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Amerco 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 $374.60 and $352.32. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday February 14, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

The stock had a Golden Star Signal* on Friday June 08, 2018 in the medium-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.

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Thursday February 14, 2019 and based on theory for this formation the price should fall by -4.00% to $376.26 within 5 trading days since signal was issued (Friday February 22, 2019).

Relative Strength Index (RSI)

RSI14 is 70 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $348.41 and $346.45.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Amerco finds support just below today's level at $348.41. If this is broken, then the next support from accumulated volume will be at $346.45 and $340.08.

Support: $348.41 Price: $376.42 Resistance: $378.44

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 $8.45 (2.25%) between high and low. For the last week, the stock has had a daily average volatility of 1.60%.

Our recommended stoploss: $364.63 (-3.13%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Amerco 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Hold/Accumulate.

Previous Hold Today UHAL ranks #2601 as HOLD CANDIDATE. Stronger Buy
Today UHAL ranks #2601 as HOLD CANDIDATE.