Nature Stock Forecast
Red day on Thursday for Nature stock after losing 0.585%
(Updated on Apr 18, 2024)
The Nature stock price fell by -0.585% on the last day (Thursday, 18th Apr 2024) from $18.81 to $18.70. During the last trading day the stock fluctuated 2.64% from a day low at $18.58 to a day high of $19.07. The price has fallen in 6 of the last 10 days and is down by -3.91% for this period. Volume has increased on the last day by 13 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 49 thousand shares were bought and sold for approximately $925.48 thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $18.67 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 14.05% during the next 3 months and, with a 90% probability hold a price between $21.29 and $24.43 at the end of this 3-month period.
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NATR Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 0.86%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nature 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 $18.95 and $19.16. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Nature gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Nature stock
Nature finds support from accumulated volume at $17.83 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.490 between high and low, or 2.64%. For the last week, the stock has had daily average volatility of 3.12%.
Nature is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: $17.72 (-5.25%) (This stock has medium daily movements and this gives medium risk. Low RSI14 is 23 which reduces the risk some. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (NATR) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Nature to open at $18.78, and during the day (based on 14 day Average True Range), to move between $18.04 and $19.36, which gives a possible trading interval of +/-$0.657 (+/-3.51%) up or down from last closing price. If Nature takes out the full calculated possible swing range there will be an estimated 7.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $18.79 (0.48%) than the support at $17.83 (4.65%), 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 Nature stock A Buy?
Nature holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.282 Hold/Accumulate Unchanged
Predicted Opening Price for Nature of Friday, April 19, 2024
Fair opening price April 19, 2024 | Current price |
---|---|
$18.78 ( 0.446%) | $18.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NATR
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 19.27 | 3.07 % | |
R2 | 19.09 | 2.06 % | ||
R1 | 18.97 | 1.45 % | ||
Current price: | 18.70 | |||
Support | S1 | 18.60 | -0.555 % | |
S2 | 18.48 | -1.17 % | ||
S3 | 18.29 | -2.17 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 20.11 | 7.54 % | |
R2 | 19.89 | 6.36 % | ||
R1 | 18.79 | 0.481 % | ||
Current price | 18.70 | |||
Support | S1 | 17.83 | -4.65% | |
S2 | 17.48 | -6.52% | ||
S3 | 17.20 | -8.02% |
NATR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 10, 2021 | Mar 26, 2021 | Apr 09, 2021 | $1.00 | 5.12% |
2 | Mar 08, 2017 | Mar 20, 2017 | Apr 03, 2017 | $0.100 | 1.02% |
3 | Nov 08, 2016 | Nov 21, 2016 | Dec 05, 2016 | $0.100 | 0.694% |
4 | Aug 08, 2016 | Aug 19, 2016 | Sep 02, 2016 | $0.100 | 0.710% |
5 | May 13, 2016 | May 23, 2016 | Jun 06, 2016 | $0.100 | 0.95% |
FAQ
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