RSI low/high Values: [ 25 - 75 ]
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AI Analysis of LCII
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Drew Industries Incorporated ($0.01 Par stock price up 2.09% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 2.09% PDF

The Drew Industries Incorporated ($0.01 Par stock price gained 2.09% on the last trading day (Thursday, 28th Mar 2024), rising from $120.54 to $123.06. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.92% from a day low at $119.65 to a day high of $123.14. The price has risen in 7 of the last 10 days and is up by 15.05% 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, 48 thousand more shares were traded than the day before. In total, 205 thousand shares were bought and sold for approximately $25.20 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $125.77 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.09% during the next 3 months and, with a 90% probability hold a price between $104.29 and $123.14 at the end of this 3-month period.

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LCII Signals & Forecast

Mostly positive signals in the chart today. The Drew Industries Incorporated ($0.01 Par 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 $117.83 and $118.28. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 15.05%. 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 Drew Industries Incorporated ($0.01 Par stock

On the downside, the stock finds support just below today's level from accumulated volume at $116.01 and $115.53. 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, Drew Industries Incorporated ($0.01 Par finds support just below today's level at $116.01. If this is broken, then the next support from accumulated volume will be at $115.53 and $114.90.

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 $3.49 between high and low, or 2.92%. For the last week, the stock has had daily average volatility of 2.59%.

Our recommended stop-loss: $118.43 (-3.76%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (LCII) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Drew Industries Incorporated ($0.01 Par Value) to open at $121.95, and during the day (based on 14 day Average True Range), to move between $119.44 and $126.68, which gives a possible trading interval of +/-$3.62 (+/-2.94%) up or down from last closing price. If Drew Industries Incorporated ($0.01 Par Value) takes out the full calculated possible swing range there will be an estimated 5.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $123.90 (0.68%) than the support at $116.01 (5.73%), 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 Drew Industries Incorporated ($0.01 Par Value) 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.

Current score: 2.380 Buy Candidate Unchanged

Predicted Opening Price for Drew Industries Incorporated ($0.01 Par Value) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$121.95 ( 0.90%) $123.06

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

Trading levels for LCII

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 125.44 1.93 %
R2 124.11 0.85 %
R1 123.28 0.181 %
Current price: 123.06
Support S1 120.62 -1.98 %
S2 119.79 -2.65 %
S3 118.46 -3.74 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 125.77 2.20 %
R2 124.48 1.15 %
R1 123.90 0.683 %
Current price 123.06
Support S1 116.01 -5.73%
S2 115.53 -6.12%
S3 114.90 -6.63%

LCII Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Mar 07, 2024 Mar 22, 2024 $1.05 0.90%
2 Nov 16, 2023 Nov 30, 2023 Dec 15, 2023 $1.05 0.84%
3 Aug 21, 2023 Aug 31, 2023 Sep 15, 2023 $1.05 0.88%
4 May 18, 2023 Jun 01, 2023 Jun 16, 2023 $1.05 0.87%
5 Feb 21, 2023 Mar 09, 2023 Jun 16, 2023 $1.05 0.87%

FAQ

What is the symbol for Drew Industries Incorporated ($0.01 Par Value) Stock and on which exchange is it traded?
The symbol for Drew Industries Incorporated ($0.01 Par Value) is LCII and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Drew Industries Incorporated ($0.01 Par Value) 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.

How to buy Drew Industries Incorporated ($0.01 Par Value) Stock?
Drew Industries Incorporated ($0.01 Par Value) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Drew Industries Incorporated ($0.01 Par Value) Stock.

What's the current price of Drew Industries Incorporated ($0.01 Par Value) Stock?
As of the end of day on the 2024-03-28, the price of an Drew Industries Incorporated ($0.01 Par Value) (LCII) share was $123.06.

What is the 52-week high and low for Drew Industries Incorporated ($0.01 Par Value) Stock?
The 52-week high for Drew Industries Incorporated ($0.01 Par Value) Stock is $136.99 and the 52-week low is $101.85.

What is the market capitalization of Drew Industries Incorporated ($0.01 Par Value) Stock?
As of the 2024-03-28, the market capitalization of Drew Industries Incorporated ($0.01 Par Value) is 3.117B.

When is the next earnings date for Drew Industries Incorporated ($0.01 Par Value)?
The upcoming earnings date for Drew Industries Incorporated ($0.01 Par Value) is May 14, 2024.
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About Drew Industries Incorporated ($0.01 Par Value)

Drew Industriesorporated ($0.01 Par Value) LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures and distributes a range of engineered components, such as steel chassis and related components; axles and suspension solutions; slid... LCII Profile

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