Youngevity International, Inc Forecast and Stock Analysis
Technical YGYI stock analysis for February 15, 2019.
Youngevity International, Inc fell by -2.85% in the last day from $8.06 to $7.83 The price has fallen in 5 of the last 10 days , but is still up by 2.22% over the past 2 weeks. Volume has increased in the last day by 125 642 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 125 642 shares bought and sold for approximately $983 777.00.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the YGYI stock was $7.83. This is 2.85% less than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 4.55% from a day low at $7.65 to a day high of $8.00.
30 day high of the YGYI stock price was $9.28 and low was $6.21.
90 day high was $9.28 and low was $4.40.
52 week high for the Youngevity International, Inc - $16.25 and low - $3.17.
Youngevity International, Inc lies in the upper part of a very wide and strong rising 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 $8.07 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 11.16% during the next 3 months and, with 90% probability hold a price between $5.76 and $8.97 at the end of this period.
Youngevity International, Inc 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 $7.46 and $6.64. 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 Thursday February 14, 2019, which indicates further falls until a new bottom pivot has been found. Youngevity International, Inc gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".
Relative Strength Index (RSI)
RSI14 is 51 and the stock is currently not being overbought or oversold
Support & Resistance
Youngevity International, Inc finds support from accumulated volume at $7.72.
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 $0.35 between high and low, or 4.55%. For the last week, the stock has had a daily average volatility of 8.40%.
Our recommended stoploss: $7.45 (-4.87%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)
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Youngevity International, Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. 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 Hold/Accumulate.