UHAL Forecast and Technical Stock Analysis
Buy candidate since 2019-10-10 Gain 1.69% PDF
Amerco fell by -1.43% in the last day ( Monday, 14th Oct 2019 ) from $386.38 to $380.84 During the day the stock fluctuated 1.93% from a day low at $378.01 to a day high of $385.32. The price has fallen in 7 of the last 10 days and is down by -2.36% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -22 753 shares and in total 18 407 shares bought and sold for approximately $7.01 million.
- 30 day high of the UHAL stock price was $398.66 and low was $367.56.
- 90 day high was $398.66 and low was $336.39.
- 52 week high for Amerco - $402.95 and low - $316.00.
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 3.2% during the next 3 months and, with 90% probability hold a price between $357.88 and $411.44 at the end of this period.
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 $377.08 and $373.25. 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 Friday October 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
* 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 49 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
On the downside, the stock finds support just below today's level from accumulated volume at $359.00 and $358.04.
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 $359.00. If this is broken, then the next support from accumulated volume will be at $358.04 and $357.86.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $7.31 (1.93%) between high and low. For the last week, the stock has had daily average volatility of 1.89%.
Our recommended stop-loss: $362.54 (-4.80%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
1.89 %Average volatility
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|UHAL $380.84 ($-5.54 -1.43%)|
UHAL is down $5.54 today, but where's it headed in 2019?
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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!