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 NC
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Green day on Thursday for NACCO Industries Inc stock after gaining 1.00%
(Updated on Mar 28, 2024)

Sell candidate since Mar 01, 2024 Loss -8.15% PDF

The NACCO Industries Inc stock price gained 1.00% on the last trading day (Thursday, 28th Mar 2024), rising from $29.90 to $30.20. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.91% from a day low at $29.60 to a day high of $30.46. The price has risen in 6 of the last 10 days and is up by 4.1% 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, 766 more shares were traded than the day before. In total, 12 thousand shares were bought and sold for approximately $366.24 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 -22.57% during the next 3 months and, with a 90% probability hold a price between $21.33 and $24.54 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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NC Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 5.59%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). NACCO Industries Inc 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 NACCO Industries Inc 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 $31.93. On a fall, the stock will find some support from the short-term average at $29.35. 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.

Support, Risk & Stop-loss for NACCO Industries Inc stock

NACCO Industries Inc finds support from accumulated volume at $29.12 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 $0.86 between high and low, or 2.91%. For the last week, the stock has had daily average volatility of 2.78%.

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

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

For the upcoming trading day on Monday, 1st we expect NACCO Industries Inc to open at $30.09, and during the day (based on 14 day Average True Range), to move between $29.22 and $31.18, which gives a possible trading interval of +/-$0.98 (+/-3.26%) up or down from last closing price. If NACCO Industries Inc takes out the full calculated possible swing range there will be an estimated 6.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $30.44 (0.79%) than the support at $29.12 (3.58%), 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 NACCO Industries Inc stock A Buy?

NACCO Industries Inc 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: -1.723 Sell Candidate Unchanged

Predicted Opening Price for NACCO Industries Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$30.09 ( 0.375%) $30.20

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

Trading levels for NC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 30.95 2.47 %
R2 30.62 1.38 %
R1 30.42 0.713 %
Current price: 30.20
Support S1 29.76 -1.46 %
S2 29.56 -2.14 %
S3 29.23 -3.22 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 36.57 21.09 %
R2 35.11 16.26 %
R1 30.44 0.795 %
Current price 30.20
Support S1 29.12 -3.58%
S2 28.83 -4.54%
S3 28.60 -5.30%

NC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 01, 2024 Mar 15, 2024 $0.218 0.754%
2 Nov 07, 2023 Nov 29, 2023 Dec 15, 2023 $0.218 0.631%
3 Aug 24, 2023 Sep 01, 2023 Sep 15, 2023 $0.220 0.671%
4 May 18, 2023 May 30, 2023 Jun 15, 2023 $0.218 0.622%
5 Feb 22, 2023 Mar 06, 2023 Mar 15, 2023 $0.208 0.647%

FAQ

What is the symbol for NACCO Industries Inc Stock and on which exchange is it traded?
The symbol for NACCO Industries Inc is NC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell NACCO Industries Inc Stock?
NACCO Industries Inc 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.

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

What's the current price of NACCO Industries Inc Stock?
As of the end of day on the 2024-03-28, the price of an NACCO Industries Inc (NC) share was $30.20.

What is the 52-week high and low for NACCO Industries Inc Stock?
The 52-week high for NACCO Industries Inc Stock is $39.06 and the 52-week low is $28.50.

What is the market capitalization of NACCO Industries Inc Stock?
As of the 2024-03-28, the market capitalization of NACCO Industries Inc is 225.287M.

When is the next earnings date for NACCO Industries Inc?
The upcoming earnings date for NACCO Industries Inc is May 01, 2024.
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About NACCO Industries Inc

NACCO Industries NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts for power generation companies and an activated carbon producer in North Dakota, Texas, Mississippi, and Louisiana in the United States, as well as Navajo Nation in Ne... NC Profile

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