RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FSV
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Weaker technical forecast for FirstService Corporation as stock downgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The FirstService Corporation stock price fell by -0.510% on the last day (Thursday, 28th Mar 2024) from $166.65 to $165.80. During the last trading day the stock fluctuated 1.00% from a day low at $165.56 to a day high of $167.22. The price has fallen in 7 of the last 10 days and is down by -3.11% for this period. Volume has increased on the last day by 7 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, 65 thousand shares were bought and sold for approximately $10.70 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $164.31 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 3.76% during the next 3 months and, with a 90% probability hold a price between $170.48 and $181.52 at the end of this 3-month period.

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FSV Signals & Forecast

There are few to no technical positive signals at the moment. The FirstService Corporation 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 $166.43 and $166.00. 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 14, 2024, and so far it has fallen -3.11%. 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. The stock had a Golden Star Signal on Thursday, February 29, 2024 in the short-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.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, February 29, 2024 in the short-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.
Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, March 14, 2024 and based on theory for this formation the price should fall by -1.93% to $162.61 within 29 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for FirstService Corporation stock

FirstService Corporation finds support from accumulated volume at $164.18 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 $1.66 between high and low, or 1.00%. For the last week the stock has had daily average volatility of 1.33%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect FirstService Corporation to open at $166.19, and during the day (based on 14 day Average True Range), to move between $163.18 and $168.42, which gives a possible trading interval of +/-$2.62 (+/-1.58%) up or down from last closing price. If FirstService Corporation takes out the full calculated possible swing range there will be an estimated 3.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $165.87 (0.04%) than the support at $164.18 (0.98%), 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 FirstService Corporation stock A Buy?

The FirstService Corporation stock holds several negative signals and despite the positive trend, we believe FirstService Corporation 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 Buy to a Sell candidate.

Current score: -1.072 Sell Candidate Downgraded

Predicted Opening Price for FirstService Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$166.19 ( 0.237%) $165.80

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

Trading levels for FSV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 167.85 1.24 %
R2 167.22 0.86 %
R1 166.83 0.620 %
Current price: 165.80
Support S1 165.56 -0.145 %
S2 165.17 -0.382 %
S3 164.53 -0.764 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 170.90 3.08 %
R2 168.16 1.42 %
R1 165.87 0.0422 %
Current price 165.80
Support S1 164.18 -0.98%
S2 164.15 -1.00%
S3 164.04 -1.06%

FSV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 05, 2024 $0.225 0.136%
2 Nov 28, 2023 Dec 28, 2023 Jan 05, 2024 $0.225 0.141%
3 Sep 12, 2023 Sep 28, 2023 Oct 06, 2023 $0.230 0.159%
4 May 09, 2023 Jun 29, 2023 Jul 07, 2023 $0.225 0.147%
5 Feb 06, 2023 Mar 30, 2023 Apr 11, 2023 $0.225 0.161%

FAQ

What is the symbol for FirstService Corporation Stock and on which exchange is it traded?
The symbol for FirstService Corporation is FSV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell FirstService Corporation Stock?
The FirstService Corporation stock holds several negative signals and despite the positive trend, we believe FirstService Corporation 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 Buy to a Sell candidate.

How to buy FirstService Corporation Stock?
FirstService Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy FirstService Corporation Stock.

What's the current price of FirstService Corporation Stock?
As of the end of day on the 2024-03-28, the price of an FirstService Corporation (FSV) share was $165.80.

What is the 52-week high and low for FirstService Corporation Stock?
The 52-week high for FirstService Corporation Stock is $171.94 and the 52-week low is $134.77.

What is the market capitalization of FirstService Corporation Stock?
As of the 2024-03-28, the market capitalization of FirstService Corporation is 7.389B.

When is the next earnings date for FirstService Corporation?
The upcoming earnings date for FirstService Corporation is Apr 24, 2024.
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About FirstService Corporation

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeo... FSV Profile

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