Insperity Inc Stock Forecast
Evaluation of Insperity Inc stock downgraded after the last trading session.
(Updated on Apr 26, 2024)
The Insperity Inc stock price fell by -4.37% on the last day (Friday, 26th Apr 2024) from $108.93 to $104.17. During the last trading day the stock fluctuated 3.53% from a day low at $103.08 to a day high of $106.72. The price has been going up and down for this period, and there has been a -1.65% loss for the last 2 weeks. Volume has increased on the last day by 131 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, 355 thousand shares were bought and sold for approximately $37.03 million.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.24% during the next 3 months and, with a 90% probability hold a price between $98.23 and $114.32 at the end of this 3-month period.
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NSP Signals & Forecast
There are few to no technical positive signals at the moment. The Insperity Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $107.92 and $104.92. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -4.96%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Insperity Inc stock
Insperity Inc finds support from accumulated volume at $101.37 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 $3.64 between high and low, or 3.53%. For the last week the stock has had daily average volatility of 1.87%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NSP) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Insperity Inc to open at $104.66, and during the day (based on 14 day Average True Range), to move between $101.82 and $106.52, which gives a possible trading interval of +/-$2.35 (+/-2.25%) up or down from last closing price. If Insperity Inc takes out the full calculated possible swing range there will be an estimated 4.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $105.63 (1.40%) than the support at $101.37 (2.69%), 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.
Earnings coming up
Insperity Inc will release earnings BMO on Wednesday, May 01, 2024.The consensus among the analysts for the expected earnings (EPS) is $2.11. We will update the financials statements for Insperity Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.54% in the first trading day after earnings release.
Is Insperity Inc stock A Buy?
The Insperity Inc stock holds several negative signals and despite the positive trend, we believe Insperity Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -3.987 Sell Candidate Downgraded
Predicted Opening Price for Insperity Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $104.66 ( 0.467%) | $104.17 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NSP
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 108.30 | 3.96 % | |
| R2 | 106.91 | 2.63 % | ||
| R1 | 106.05 | 1.80 % | ||
| Current price: | 104.17 | |||
| Support | S1 | 103.27 | -0.87 % | |
| S2 | 102.41 | -1.69 % | ||
| S3 | 101.02 | -3.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 115.00 | 10.40 % | |
| R2 | 109.61 | 5.22 % | ||
| R1 | 105.63 | 1.40 % | ||
| Current price | 104.17 | |||
| Support | S1 | 101.37 | -2.69% | |
| S2 | 96.37 | -7.49% | ||
| S3 | 96.35 | -7.51% |
NSP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Mar 06, 2024 | Mar 21, 2024 | $0.570 | 0.554% |
| 2 | Nov 16, 2023 | Dec 01, 2023 | Dec 18, 2023 | $0.570 | 0.490% |
| 3 | Aug 24, 2023 | Sep 07, 2023 | Sep 22, 2023 | $0.570 | 0.599% |
| 4 | May 24, 2023 | Jun 07, 2023 | Jun 22, 2023 | $0.570 | 0.468% |
| 5 | Feb 24, 2023 | Mar 09, 2023 | Mar 24, 2023 | $0.520 | 0.449% |
FAQ
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