WebMD Health Corp Fund Forecast
Red day on Wednesday for WebMD Health Corp
(Updated on Oct 11, 2017)
No changes to the price of WebMD Health Corp fund on the last trading day (Wednesday, 11th Oct 2017). During the last trading day the fund fluctuated 0.0903% from a day low at $66.48 to a day high of $66.54. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fund 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 fund is expected to rise 10.72% during the next 3 months and, with a 90% probability hold a price between $68.21 and $82.48 at the end of this 3-month period.
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WBMD Signals & Forecast
There are mixed signals in the fund today. A sell signal was issued from a pivot top point on Tuesday, October 10, 2017, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The WebMD Health Corp fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $66.48 and $66.45. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for WebMD Health Corp fund
WebMD Health Corp finds support from accumulated volume at $66.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the fund tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the fund moved $0.0600 between high and low, or 0.0903%. For the last week the fund has had daily average volatility of 0.0903%.
Our recommended stop-loss: $63.82 (-4.00%) (This fund has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (WBMD) For The Upcoming Trading Day Of Thursday 12th
For the upcoming trading day on Thursday, 12th we expect WebMD Health Corp to open at $66.50, and during the day (based on 14 day Average True Range), to move between $66.39 and $66.57, which gives a possible trading interval of +/-$0.0891 (+/-0.13%) up or down from last closing price. If WebMD Health Corp takes out the full calculated possible swing range there will be an estimated 0.27% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $66.35, some $0.130 (0.20%) from the current price of $66.48, our system finds the risk reward attractive.
Is WebMD Health Corp fund A Buy?
WebMD Health Corp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.010 Hold/Accumulate Unchanged
Predicted Opening Price for WebMD Health Corp of Thursday, October 12, 2017
Fair opening price October 12, 2017 | Current price |
---|---|
$66.50 ( 0.0301%) | $66.48 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WBMD
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 66.56 | 0.120 % | |
R2 | 66.54 | 0.0859 % | ||
R1 | 66.52 | 0.0646 % | ||
Current price: | 66.48 | |||
Support | S1 | 66.48 | -0.0044 % | |
S2 | 66.46 | -0.0257 % | ||
S3 | 66.44 | -0.0602 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 66.48 | |||
Support | S1 | 66.35 | -0.196% | |
S2 | 66.33 | -0.226% | ||
S3 | 66.10 | -0.572% |
FAQ
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