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.
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Chemours stock price up more than 5.52% on Wednesday
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Chemours stock price gained 5.52% on the last trading day (Wednesday, 27th Mar 2024), rising from $27.37 to $28.88. During the last trading day the stock fluctuated 5.63% from a day low at $27.36 to a day high of $28.90. The price has been going up and down for this period, and there has been a 7.6% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 515 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $46.62 million.

Given the current short-term trend, the stock is expected to fall -17.80% during the next 3 months and, with a 90% probability hold a price between $14.57 and $23.74 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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CC Signals & Forecast

Mostly positive signals in the chart today. The Chemours stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $27.78 and $27.06. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 29, 2024, and so far it has risen 46.82%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Chemours stock

On the downside, the stock finds support just below today's level from accumulated volume at $26.64 and $25.36. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Chemours finds support just below today's level at $26.64. If this is broken, then the next support from accumulated volume will be at $25.36 and $22.03.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $1.54 between high and low, or 5.63%. For the last week, the stock has had daily average volatility of 3.83%.

Our recommended stop-loss: $27.56 (-4.56%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (CC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Chemours Company (The) to open at $28.38, and during the day (based on 14 day Average True Range), to move between $27.55 and $30.21, which gives a possible trading interval of +/-$1.33 (+/-4.60%) up or down from last closing price. If Chemours Company (The) takes out the full calculated possible swing range there will be an estimated 9.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $30.00 (3.88%) than the support at $26.64 (7.76%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Chemours Company (The) stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.565 Buy Candidate Upgraded

Predicted Opening Price for Chemours Company (The) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$28.38 ( 1.73%) $28.88

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

Trading levels for CC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.92 3.60 %
R2 29.33 1.56 %
R1 28.97 0.306 %
Current price: 28.88
Support S1 27.79 -3.77 %
S2 27.43 -5.03 %
S3 26.84 -7.06 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.17 11.39 %
R2 31.28 8.31 %
R1 30.00 3.88 %
Current price 28.88
Support S1 26.64 -7.76%
S2 25.36 -12.19%
S3 22.03 -23.72%

CC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 12, 2024 Feb 23, 2024 Mar 15, 2024 $0.250 0.92%
2 Oct 26, 2023 Nov 14, 2023 Dec 15, 2023 $0.250 0.82%
3 Jul 26, 2023 Aug 14, 2023 Sep 15, 2023 $0.250 0.785%
4 Apr 27, 2023 May 12, 2023 Jun 15, 2023 $0.250 0.729%
5 Feb 06, 2023 Feb 23, 2023 Mar 15, 2023 $0.250 0.88%

FAQ

What is the symbol for Chemours Stock and on which exchange is it traded?
The symbol for Chemours is CC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Chemours Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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

What's the current price of Chemours Stock?
As of the end of day on the 2024-03-27, the price of an Chemours (CC) share was $28.88.

What is the 52-week high and low for Chemours Stock?
The 52-week high for Chemours Stock is $39.03 and the 52-week low is $15.10.

What is the market capitalization of Chemours Stock?
As of the 2024-03-27, the market capitalization of Chemours is 4.287B.

When is the next earnings date for Chemours?
The upcoming earnings date for Chemours is Apr 25, 2024.
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About Chemours Company (The)

Chemours The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. The Titanium Technologies segment provides TiO2 pigment under the Ti-Pure and BaiMax brands for delivering whiteness, brightness, opacity, and protection in variou... CC Profile

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