The ExOne Company Forecast and Stock Analysis
Technical XONE stock analysis for March 15, 2019.
The ExOne Company fell by -4.16% in the last day from $10.57 to $10.13 The price has fallen in 8 of the last 10 days and is down by -4.79% 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 -203 052 shares and in total 282 863 shares bought and sold for approximately $2.87 million.
Close price at the end of the last trading day (Friday, 15th Mar 2019) of the XONE stock was $10.13. This is 4.16% less than the trading day before Thursday, 14th Mar 2019.
During day the stock fluctuated 6.13% from a day low at $9.95 to a day high of $10.56.
30 day high of the XONE stock price was $11.73 and low was $9.21.
90 day high was $11.73 and low was $5.73.
52 week high for the The ExOne Company - $11.73 and low - $5.73.
The ExOne Company lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $9.60 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 71.97% during the next 3 months and, with 90% probability hold a price between $16.51 and $22.26 at the end of this period.
Some negative signals were issued as well, and these may have some influence on the near short-term development. The ExOne Company holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $10.14. On a fall, the stock will find some support from the short-term average at $9.83. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Thursday March 14, 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)
RSI14 is 36 and the stock is currently not being overbought or oversold
Support & Resistance
The ExOne Company finds support from accumulated volume at $9.86.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.61 between high and low, or 6.13%. For the last week, the stock has had a daily average volatility of 6.31%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
Very Low Low Medium High Very High
Evaluation: Sell Candidate
The ExOne Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.