Tessera Holding Corp Forecast and Stock Analysis
Technical XPER stock analysis for March 25, 2019.
Tessera Holding Corp fell by -0.56% in the last day from $23.09 to $22.96 and has now fallen 3 days in a row. The price has risen in 6 of the last 10 days , but is still down by -3.93% 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 -111 551 shares and in total 278 279 shares bought and sold for approximately $6.39 million.
Close price at the end of the last trading day (Monday, 25th Mar 2019) of the XPER stock was $22.96. This is 0.56% less than the trading day before Friday, 22nd Mar 2019.
During day the stock fluctuated 3.45% from a day low at $22.73 to a day high of $23.52.
30 day high of the XPER stock price was $24.81 and low was $22.11.
90 day high was $24.81 and low was $17.00.
52 week high for the Tessera Holding Corp - $24.81 and low - $12.08.
Tessera Holding Corp has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $23.47. A reaction back to this level may hold a second chance to get out before further falls.
There are few to none technical positive signals at the moment. Tessera Holding Corp holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $23.68 and $23.14. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday March 21, 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.
Relative Strength Index (RSI)
RSI14 is 47 and the stock is currently not being overbought or oversold
Support & Resistance
Tessera Holding Corp finds support from accumulated volume at $22.73.
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 $0.79 (3.45%) between high and low. For the last week, the stock has had a daily average volatility of 3.93%.
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 Tessera Holding Corp stock holds several negative signals and despite the positive trend we believe Tessera Holding Corp will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.