There is a buy signal from a pivot bottom found 14 days ago.) (This stock has medium daily movements and this gives medium risk. For the last week, the stock has had daily average volatility of 3.83%. During the last day, the stock moved $0.62 between high and low, or 3.08%. This stock has average movements during the day and with good trading volume, the risk is considered to be medium. Class A finds support from accumulated volume at $20.11 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Monday, September 26, 2022, and so far it has risen 0.90%. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A break-up above any of these levels will issue buy signals. On corrections up, there will be some resistance from the lines at $20.58 and $21.26. 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. Class A stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. There are mixed signals in the stock today.
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