Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
In the current situation of Streamline Health Solutions there is not any eligible buy setup. This doesn't mean STRM will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
How to know when is it time to sell Streamline Health Solutions stock?. Just as when we have to buy shares, choosing when is appropiate time to sell is not a whimsical decision, and we must follow our own trading strategy. Our trading system selects very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for selling short Streamline Health Solutions stock
As a golden rule, you should not mantain an investment that shows a higher than expected losses at the time of the buy. The moment to sell shares always has to be ruled by the stop-loss (automatic or manual)
Currently, Streamline Health Solutions stock doesn't match any of our preferred sell setups, so if you own Streamline Health Solutions stock and your operation is in profit probably is not time to sell now
Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal
We don't have any rating posted in the previous month for Streamline Health Solutions
Since in mid-March, Streamline Health Solutions has been drawing an uptrend that so far marked an amazing 130.19%. The price line shows higher peaks and higher troughs, and along the way provided some buying opportunities for those who wanted to enter. Latest pullback was on June 15, when price bounced at $0.90. Currently, it moves in a consolidation between its last top ($1.41) and its last bottom ($0.90)
Moving averages are simple indicators for investors to measure direction. A moving average is the average price of a stock over a set period of time. Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days
Investors use supports and resistances to spot price points on a chart that may work as obstacles, containing the price of a stock to move up or down. Supports are levels where the price tends to stop as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. However, if the price breaks down the support, it will probably continue declining until meeting another support level. On the other hand, a resistance level is where the price tends to find resistance as it moves up. Likewise, this means that the price is more liable to "rebound" at this level, and if it finally crosses this level, the price will rally easily until it meets the next resistance
The current resistances are:
The current support levels are:
This is an indicator that was introduced in the 1980s by John Bollinger. It is made up of 3 lines that are plotted superimposed on the price evolution chart:
Since the price surpassed the upper band on June 26, the price dropped by 13.48%
The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. Its objective is to map the current and past strength or weakness of a stock or market based on the closing prices of a recent trading period. Like other oscillation indicators, the RSI fluctuates between 0% and 100%. The relative strength indicator is one of the best known and most widely used indicators, invented by J. Welles Wilder in the late 1970s
The RSI dropped below the overbought level of 70 in mid-June after just crossing to the overbough zone for 1 day (weak signal). The RSI reading on Friday was 53.56. Since that level was lost, Streamline Health Solutions stock exploded a 3.39%
Streamline Health Solutions Inc. (STRM) reported quarterly earnings of $0.12 per share, strongly enhancing the analysts consensus estimate of $-0.06 per share. This quarterly report means an earnings surprise of 300%. Forecasted turnover was $2.6 million but Streamline Health Solutions slightly beat by 10.08%, posting $2.8 million.
Compared to the same quarter one year ago, EPS was $0.01, so posted EPS is a improvement of 1100%. Sales tanked a -47.01% on an annualized basis in the second-quarter, from $5.4M to $2.8M last quarter.
STRM is releasing Q3 earnings report next September. Analysts forecast earnings of %s a share of $-0.06, that is a 150% lower than previous quarter. If you hold or you are considering buying STRM stock, be careful as the earnings reporting day usually has a higher than usual volatility, and price can jump up or down with very low liquidity and not honouring your buy or stop-loss orders. You can probably find more details about the earnings call and the financial reports on the Investor Relations section of its website: http://www.streamlinehealth.net.