Voya Global Equity Dividend and Premium Stock Forecast
Green day on Tuesday for Voya Global Equity Dividend and Premium stock after gaining 1.17%
(Updated on Apr 23, 2024)
The Voya Global Equity Dividend and Premium stock price gained 1.17% on the last trading day (Tuesday, 23rd Apr 2024), rising from $5.14 to $5.20. During the last trading day the stock fluctuated 1.36% from a day low at $5.14 to a day high of $5.21. The price has fallen in 6 of the last 10 days but is still up by 1.17% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 301 thousand shares were bought and sold for approximately $1.57 million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Voya Global Equity Dividend and Premium stock with a 90% probability to be traded between $5.05 and $5.37 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
IGD Signals & Forecast
The Voya Global Equity Dividend and Premium stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $5.05 and $5.15. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 4.00%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Monday, August 28, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, August 28, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Voya Global Equity Dividend and Premium stock
Voya Global Equity Dividend and Premium finds support from accumulated volume at $5.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0700 between high and low, or 1.36%. For the last week the stock has had daily average volatility of 1.09%.
Our recommended stop-loss: $4.95 (-4.74%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (IGD) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Voya Global Equity Dividend and Premium Opportunity Fund to open at $5.18, and during the day (based on 14 day Average True Range), to move between $5.14 and $5.26, which gives a possible trading interval of +/-$0.0627 (+/-1.21%) up or down from last closing price. If Voya Global Equity Dividend and Premium Opportunity Fund takes out the full calculated possible swing range there will be an estimated 2.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $5.25 (0.96%) than the support at $5.14 (1.15%), 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 Voya Global Equity Dividend and Premium Opportunity Fund stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Voya Global Equity Dividend and Premium stock to perform well in the short-term period.
Current score: 1.534 Buy Candidate Unchanged
Predicted Opening Price for Voya Global Equity Dividend and Premium Opportunity Fund of Wednesday, April 24, 2024
Fair opening price April 24, 2024 | Current price |
---|---|
$5.18 ( 0.385%) | $5.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IGD
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 5.25 | 0.96 % | |
R2 | 5.22 | 0.447 % | ||
R1 | 5.21 | 0.130 % | ||
Current price: | 5.20 | |||
Support | S1 | 5.15 | -0.90 % | |
S2 | 5.14 | -1.22 % | ||
S3 | 5.11 | -1.73 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 5.30 | 1.92 % | |
R2 | 5.26 | 1.15 % | ||
R1 | 5.25 | 0.96 % | ||
Current price | 5.20 | |||
Support | S1 | 5.14 | -1.15% | |
S2 | 5.11 | -1.73% | ||
S3 | 5.05 | -2.88% |
IGD Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 19, 2024 | May 01, 2024 | May 15, 2024 | $0.0500 | 0.96% |
2 | Apr 01, 2024 | Apr 01, 2024 | Apr 15, 2024 | $0.0400 | 0.798% |
3 | Feb 15, 2024 | Mar 01, 2024 | Mar 15, 2024 | $0.0400 | 0.771% |
4 | Jan 16, 2024 | Feb 01, 2024 | Feb 15, 2024 | $0.0400 | 0.789% |
5 | Dec 18, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.0400 | 0.789% |
FAQ
Click here for our free guide on how to buy Voya Global Equity Dividend and Premium Opportunity Fund Stock.