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 AMWD
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American Woodmark Corporation stock price ended at $101.05 on Wednesday, after gaining 0.437%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 15, 2024 Gain 6.64% PDF

The American Woodmark Corporation stock price gained 0.437% on the last trading day (Wednesday, 27th Mar 2024), rising from $100.61 to $101.05. During the last trading day the stock fluctuated 1.48% from a day low at $100.56 to a day high of $102.05. The price has risen in 7 of the last 10 days and is up by 6.78% over the past 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 80 thousand shares were bought and sold for approximately $8.11 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.54% during the next 3 months and, with a 90% probability hold a price between $104.72 and $114.98 at the end of this 3-month period.

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AMWD Signals & Forecast

The American Woodmark Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $99.84 and $96.03. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Thursday, March 21, 2024, and so far it has fallen -1.23%. Further fall is indicated until a new bottom pivot has been found.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, March 21, 2024 and based on theory for this formation the price should fall by -3.94% to $97.07 within 14 trading days since signal was issued (Thursday, March 28, 2024).

Support, Risk & Stop-loss for American Woodmark Corporation stock

American Woodmark Corporation finds support from accumulated volume at $98.00 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 $1.49 between high and low, or 1.48%. For the last week, the stock has had daily average volatility of 2.73%.

Our recommended stop-loss: $97.40 (-3.61%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (AMWD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect American Woodmark Corporation to open at $101.22, and during the day (based on 14 day Average True Range), to move between $98.19 and $103.91, which gives a possible trading interval of +/-$2.86 (+/-2.83%) up or down from last closing price. If American Woodmark Corporation takes out the full calculated possible swing range there will be an estimated 5.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $102.27 (1.21%) than the support at $98.00 (3.02%), 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 American Woodmark Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Woodmark Corporation stock to perform well in the short-term.

Current score: 4.941 Buy Candidate Unchanged

Predicted Opening Price for American Woodmark Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$101.22 ( 0.168%) $101.05

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

Trading levels for AMWD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 102.71 1.64 %
R2 102.14 1.08 %
R1 101.79 0.731 %
Current price: 101.05
Support S1 100.65 -0.395 %
S2 100.30 -0.743 %
S3 99.73 -1.31 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 102.31 1.25 %
R1 102.27 1.21 %
Current price 101.05
Support S1 98.00 -3.02%
S2 94.76 -6.22%
S3 94.43 -6.55%

AMWD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 25, 2011 Jun 09, 2011 Jun 27, 2011 $0.0900 0.504%
2 Mar 02, 2011 Mar 10, 2011 Mar 28, 2011 $0.0900 0.441%
3 Nov 19, 2010 Dec 02, 2010 Dec 20, 2010 $0.0900 0.388%
4 Aug 27, 2010 Sep 09, 2010 Sep 27, 2010 $0.0900 0.518%
5 May 21, 2010 Jun 02, 2010 Jun 18, 2010 $0.0900 0.420%

FAQ

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

Should I buy or sell American Woodmark Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Woodmark Corporation stock to perform well in the short-term.

How to buy American Woodmark Corporation Stock?
American Woodmark 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 American Woodmark Corporation Stock.

What's the current price of American Woodmark Corporation Stock?
As of the end of day on the 2024-03-27, the price of an American Woodmark Corporation (AMWD) share was $101.05.

What is the 52-week high and low for American Woodmark Corporation Stock?
The 52-week high for American Woodmark Corporation Stock is $104.28 and the 52-week low is $48.02.

What is the market capitalization of American Woodmark Corporation Stock?
As of the 2024-03-27, the market capitalization of American Woodmark Corporation is 1.594B.

When is the next earnings date for American Woodmark Corporation?
The upcoming earnings date for American Woodmark Corporation is May 23, 2024.
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About American Woodmark Corporation

American Woodmark American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers. The company sells its products under the American Woodmark, Timber... AMWD Profile

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