Tessera Holding Corp Stock Forecast
Tessera Holding Corp stock price ended at $9.95 on Friday, after gaining 1.22%.
(Updated on Apr 26, 2024)
The Tessera Holding Corp stock price gained 1.22% on the last trading day (Friday, 26th Apr 2024), rising from $9.83 to $9.95. During the last trading day the stock fluctuated 3.59% from a day low at $9.75 to a day high of $10.10. The price has fallen in 7 of the last 10 days and is down by -2.74% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 21 thousand more shares were traded than the day before. In total, 180 thousand shares were bought and sold for approximately $1.79 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.83% during the next 3 months and, with a 90% probability hold a price between $8.80 and $10.98 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
XPER Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 4.41%. 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. The Tessera Holding Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $10.67. On a fall, the stock will find some support from the short-term average at $9.73. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Tessera Holding Corp stock
Tessera Holding Corp finds support from accumulated volume at $9.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.350 between high and low, or 3.59%. For the last week, the stock has had daily average volatility of 3.12%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (XPER) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Tessera Holding Corp to open at $9.93, and during the day (based on 14 day Average True Range), to move between $9.57 and $10.33, which gives a possible trading interval of +/-$0.377 (+/-3.79%) up or down from last closing price. If Tessera Holding Corp takes out the full calculated possible swing range there will be an estimated 7.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $9.73 (2.21%) than the resistance at $10.38 (4.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Tessera Holding Corp stock A Buy?
Tessera Holding Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.945 Sell Candidate Unchanged
Predicted Opening Price for Tessera Holding Corp of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
$9.93 ( 0.168%) | $9.95 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XPER
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.28 | 3.35 % | |
R2 | 10.15 | 2.01 % | ||
R1 | 10.07 | 1.18 % | ||
Current price: | 9.95 | |||
Support | S1 | 9.80 | -1.51 % | |
S2 | 9.72 | -2.34 % | ||
S3 | 9.58 | -3.69 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.97 | 10.25 % | |
R2 | 10.96 | 10.15 % | ||
R1 | 10.38 | 4.32 % | ||
Current price | 9.95 | |||
Support | S1 | 9.73 | -2.21% | |
S2 | 9.62 | -3.32% | ||
S3 | 9.56 | -3.92% |
XPER Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 08, 2022 | Aug 26, 2022 | Sep 19, 2022 | $0.0500 | 0.344% |
2 | May 09, 2022 | May 27, 2022 | Jun 21, 2022 | $0.0500 | 0.354% |
3 | Feb 24, 2022 | Mar 15, 2022 | Mar 30, 2022 | $0.0500 | 0.288% |
4 | Nov 08, 2021 | Nov 27, 2021 | Dec 20, 2021 | $0.0500 | 0.262% |
5 | Oct 29, 2021 | Nov 26, 2021 | Dec 20, 2021 | $0.0500 | 0.262% |
FAQ
Click here for our free guide on how to buy Tessera Holding Corp Stock.