XRF Forecast and Technical Stock AnalysisSell candidate since 2019-07-03 Loss -6.56%
China Rapid Finance Limited American Depositary Shares each representing one Class A gained 0.22% in the last trading day ( Friday, 12th Jul 2019 ), rising from $0.40 to $0.41 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 8.64% from a day low at $0.39 to a day high of $0.42. The price has fallen in 5 of the last 10 days and is down by -13.68% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 26 988 more shares were traded than the day before. In total, 107 165 shares bought and sold for approximately $43 476.80.
- 30 day high of the XRF stock price was $0.63 and low was $0.32.
- 90 day high was $1.09 and low was $0.22.
- 52 week high for the China Rapid Finance Limited American Depositary Shares each representing one Class A - $3.05 and low - $0.22.
China Rapid Finance Limited American Depositary Shares each representing one Class A lies the upper part of a very wide and falling 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 $0.45 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -55.72% during the next 3 months and, with 90% probability hold a price between $-0.04 and $0.20 at the end of this period.
China Rapid Finance Limited American Depositary Shares each representing one Class A has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. China Rapid Finance Limited American Depositary Shares each representing one Class A 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 $0.44. On a fall, the stock will find some support from the short-term average at $0.40. 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 Tuesday July 09, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 27 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 behavior.
Support & Resistance
China Rapid Finance Limited American Depositary Shares each representing one Class A finds support from accumulated volume at $0.40.
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 $0.03 between high and low, or 8.64%. For the last week, the stock has had a daily average volatility of 11.41%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
11.41 %Average volatility
Very Low Low Medium High Very High
China Rapid Finance Limited American Depositary Shares each representing one Class A 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.
|XRF $0.41 ($0.00 0.22%)|
XRF is up $0.00 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for XRF based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the XRF analysis is free »
|Golden Star Signal|
Get competitive edge
The 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 a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now