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 III
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Stronger technical forecast for Information Services Group stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Information Services Group stock price gained 0.248% on the last trading day (Thursday, 28th Mar 2024), rising from $4.03 to $4.04. During the last trading day the stock fluctuated 4.02% from a day low at $3.97 to a day high of $4.13. The price has risen in 7 of the last 10 days and is up by 3.32% 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, 56 thousand more shares were traded than the day before. In total, 104 thousand shares were bought and sold for approximately $420.62 thousand.

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 -12.84% during the next 3 months and, with a 90% probability hold a price between $3.32 and $3.77 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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III Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 3.32%. Further rise is indicated until a new top pivot has been found. Information Services Group has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Information Services Group 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 $4.05 and $4.20. 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).

Support, Risk & Stop-loss for Information Services Group stock

Information Services Group finds support from accumulated volume at $4.00 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 $0.160 between high and low, or 4.02%. For the last week, the stock has had daily average volatility of 2.83%.

Our recommended stop-loss: $3.82 (-5.52%) (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 (III) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Information Services Group to open at $4.05, and during the day (based on 14 day Average True Range), to move between $3.90 and $4.18, which gives a possible trading interval of +/-$0.142 (+/-3.52%) up or down from last closing price. If Information Services Group takes out the full calculated possible swing range there will be an estimated 7.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.05 (0.25%) than the support at $4.00 (0.99%), 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 Information Services Group stock A Buy?

Information Services Group 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.547 Hold/Accumulate Upgraded

Predicted Opening Price for Information Services Group of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.05 ( 0.163%) $4.04

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

Trading levels for III

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.21 4.12 %
R2 4.15 2.61 %
R1 4.11 1.67 %
Current price: 4.04
Support S1 3.99 -1.35 %
S2 3.95 -2.28 %
S3 3.89 -3.79 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.44 9.90 %
R2 4.33 7.18 %
R1 4.05 0.248 %
Current price 4.04
Support S1 4.00 -0.99%
S2 3.97 -1.73%
S3 3.91 -3.22%

III Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Mar 18, 2024 Mar 29, 2024 $0.0450 1.11%
2 Dec 04, 2023 Dec 04, 2023 Dec 04, 2023 $0 0%
3 Aug 03, 2023 Sep 05, 2023 Sep 28, 2023 $0.0450 1.04%
4 May 08, 2023 Jun 06, 2023 Jun 30, 2023 $0.0450 0.84%
5 Mar 07, 2023 Mar 17, 2023 Mar 31, 2023 $0.0400 0.786%

FAQ

What is the symbol for Information Services Group Stock and on which exchange is it traded?
The symbol for Information Services Group is III and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Information Services Group Stock?
Information Services Group 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Information Services Group Stock?
As of the end of day on the 2024-03-28, the price of an Information Services Group (III) share was $4.04.

What is the 52-week high and low for Information Services Group Stock?
The 52-week high for Information Services Group Stock is $5.87 and the 52-week low is $3.87.

What is the market capitalization of Information Services Group Stock?
As of the 2024-03-28, the market capitalization of Information Services Group is 194.791M.

When is the next earnings date for Information Services Group?
The upcoming earnings date for Information Services Group is May 13, 2024.
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About Information Services Group

Information Services Group Information Services Group, Inc., together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and an... III Profile

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