Live Ventures Incorporated Stock Forecast
Evaluation of Live Ventures Incorporated stock downgraded after the last trading session.
(Updated on Mar 27, 2024)
The Live Ventures Incorporated stock price fell by -3.61% on the last day (Wednesday, 27th Mar 2024) from $26.88 to $25.91. During the last trading day the stock fluctuated 4.28% from a day low at $25.91 to a day high of $27.02. The price has fallen in 6 of the last 10 days and is down by -1.41% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -4 thousand shares and in total, 5 thousand shares were bought and sold for approximately $118.67 thousand.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Live Ventures Incorporated stock with a 90% probability to be traded between $24.29 and $28.27 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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LIVE Signals & Forecast
The Live Ventures Incorporated 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 $25.81 and $25.88. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -3.61%. 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 fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Live Ventures Incorporated stock
Live Ventures Incorporated finds support from accumulated volume at $25.70 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $1.11 between high and low, or 4.28%. For the last week the stock has had daily average volatility of 3.26%.
Our recommended stop-loss: $24.47 (-5.55%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (LIVE) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Live Ventures Incorporated to open at $26.28, and during the day (based on 14 day Average True Range), to move between $24.91 and $26.91, which gives a possible trading interval of +/-$1.00 (+/-3.86%) up or down from last closing price. If Live Ventures Incorporated takes out the full calculated possible swing range there will be an estimated 7.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.99 (0.31%) than the support at $25.70 (0.81%), 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 Live Ventures Incorporated stock A Buy?
Live Ventures Incorporated holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. 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 Hold/Accumulate candidate.
Current score: 0.955 Hold/Accumulate Downgraded
Predicted Opening Price for Live Ventures Incorporated of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$26.28 ( 1.43%) | $25.91 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LIVE
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 27.39 | 5.71 % | |
R2 | 26.97 | 4.08 % | ||
R1 | 26.70 | 3.06 % | ||
Current price: | 25.91 | |||
Support | S1 | 25.86 | -0.208 % | |
S2 | 25.59 | -1.22 % | ||
S3 | 25.17 | -2.86 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 26.48 | 2.20 % | |
R2 | 26.13 | 0.85 % | ||
R1 | 25.99 | 0.309 % | ||
Current price | 25.91 | |||
Support | S1 | 25.70 | -0.81% | |
S2 | 25.64 | -1.04% | ||
S3 | 25.00 | -3.51% |
LIVE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jul 08, 2005 | Jul 12, 2005 | Jul 28, 2005 | $2.00 | 1.05% |
2 | Apr 07, 2005 | Apr 12, 2005 | Apr 29, 2005 | $2.00 | 1.24% |
3 | Jan 10, 2005 | Jan 12, 2005 | Jan 29, 2005 | $2.00 | 0.97% |
4 | Sep 21, 2004 | Sep 22, 2004 | Oct 19, 2004 | $2.00 | 0.726% |
FAQ
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