RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SSY
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SunLink Health Systems, Inc stock price down 0% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 PDF

No changes to the price of SunLink Health Systems, Inc stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 2.05% from a day low at $0.730 to a day high of $0.745. The price has risen in 5 of the last 10 days but is still down by -3.95% for this period.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -23.94% during the next 3 months and, with a 90% probability hold a price between $0.534 and $0.601 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SSY Signals & Forecast

There are mixed signals in the stock today. The SunLink Health Systems, Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.738 and $0.798. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for SunLink Health Systems, Inc stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0150 between high and low, or 2.05%. For the last week the stock has had daily average volatility of 3.31%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SSY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect SunLink Health Systems, Inc to open at $0.735, and during the day (based on 14 day Average True Range), to move between $0.698 and $0.762, which gives a possible trading interval of +/-$0.0324 (+/-4.43%) up or down from last closing price. If SunLink Health Systems, Inc takes out the full calculated possible swing range there will be an estimated 8.87% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.90, some $0.170 (23.27%) from the current price of $0.730, our system finds the risk reward not very attractive.

Is SunLink Health Systems, Inc stock A Buy?

SunLink Health Systems, Inc 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.

Current score: -2.089 Sell Candidate Unchanged

Predicted Opening Price for SunLink Health Systems, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.735 ( 0.685%) $0.730

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SSY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.750 2.74 %
R2 0.744 1.95 %
R1 0.741 1.47 %
Current price: 0.730
Support S1 0.729 -0.100 %
S2 0.726 -0.585 %
S3 0.720 -1.37 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.91 24.49 %
R2 0.90 23.29 %
R1 0.90 23.27 %
Current price 0.730
Support S1 0 .
S2 0 .
S3 0 .

SSY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 22, 1993 Nov 22, 1993 Nov 22, 1993 $0.262 4.76%
2 Sep 18, 1989 Sep 29, 1989 Oct 20, 1989 $0.0247 0.600%

FAQ

What is the symbol for SunLink Health Systems, Inc Stock and on which exchange is it traded?
The symbol for SunLink Health Systems, Inc is SSY and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell SunLink Health Systems, Inc Stock?
SunLink Health Systems, Inc 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.

How to buy SunLink Health Systems, Inc Stock?
SunLink Health Systems, Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy SunLink Health Systems, Inc Stock.

What's the current price of SunLink Health Systems, Inc Stock?
As of the end of day on the 2024-03-28, the price of an SunLink Health Systems, Inc (SSY) share was $0.730.

What is the 52-week high and low for SunLink Health Systems, Inc Stock?
The 52-week high for SunLink Health Systems, Inc Stock is $1.16 and the 52-week low is $0.536.

What is the market capitalization of SunLink Health Systems, Inc Stock?
As of the 2024-03-28, the market capitalization of SunLink Health Systems, Inc is 5.14M.

When is the next earnings date for SunLink Health Systems, Inc?
The upcoming earnings date for SunLink Health Systems, Inc is May 08, 2024.
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About SunLink Health Systems, Inc

SunLink Health Systems SunLink Health Systems, Inc., through its subsidiaries, provides healthcare products and services in the southeastern United States. It operates through two segments, Healthcare Services and Pharmacy. The Healthcare Services segment owns and operates an 84-bed community hospital, which includes an 18-bed geriatric psychiatry unit; and a 66-bed extended care and rehabilitation center. This segment also provides information technology services; and... SSY Profile

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