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 DSWL
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Stronger technical forecast for Deswell Industries stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Deswell Industries stock price gained 0.448% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.23 to $2.24. During the last trading day the stock fluctuated 0.448% from a day low at $2.23 to a day high of $2.24. The price has risen in 5 of the last 10 days but is still down by -1.32% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 7 thousand shares were bought and sold for approximately $15.94 thousand.

Given the current short-term trend, the stock is expected to fall -18.46% during the next 3 months and, with a 90% probability hold a price between $1.67 and $1.83 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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DSWL Signals & Forecast

Mostly positive signals in the chart today. The Deswell Industries 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 $2.23 and $2.23. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 07, 2024, and so far it has risen 3.46%. 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). Deswell Industries 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Deswell Industries stock

Deswell Industries finds support from accumulated volume at $2.24 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 $0.0100 between high and low, or 0.448%. For the last week the stock has had daily average volatility of 1.76%.

Our recommended stop-loss: $2.12 (-5.38%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 14 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Deswell Industries to open at $2.24, and during the day (based on 14 day Average True Range), to move between $2.17 and $2.31, which gives a possible trading interval of +/-$0.0668 (+/-2.98%) up or down from last closing price. If Deswell Industries takes out the full calculated possible swing range there will be an estimated 5.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.24 (0.22%) than the resistance at $2.27 (1.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Deswell Industries stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.220 Buy Candidate Upgraded

Predicted Opening Price for Deswell Industries of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.24 ( 0.149%) $2.24

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

Trading levels for DSWL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.25 0.298 %
R2 2.24 0.127 %
R1 2.24 0.0217 %
Current price: 2.24
Support S1 2.23 -0.319 %
S2 2.23 -0.425 %
S3 2.23 -0.595 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.48 10.71 %
R2 2.37 5.80 %
R1 2.27 1.34 %
Current price 2.24
Support S1 2.24 -0.223%
S2 2.22 -0.89%
S3 2.19 -2.23%

DSWL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 17, 2023 Nov 30, 2023 Dec 21, 2023 $0.100 3.94%
2 Jun 20, 2023 Jul 03, 2023 Jul 20, 2023 $0.100 3.88%
3 Nov 17, 2022 Nov 30, 2022 Dec 22, 2022 $0.100 3.10%
4 Jun 16, 2022 Jun 29, 2022 Jul 15, 2022 $0.100 3.26%
5 Nov 22, 2021 Dec 03, 2021 Dec 22, 2021 $0.100 2.56%

FAQ

What is the symbol for Deswell Industries Stock and on which exchange is it traded?
The symbol for Deswell Industries is DSWL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Deswell Industries Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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

What's the current price of Deswell Industries Stock?
As of the end of day on the 2024-03-27, the price of an Deswell Industries (DSWL) share was $2.24.

What is the 52-week high and low for Deswell Industries Stock?
The 52-week high for Deswell Industries Stock is $2.89 and the 52-week low is $2.15.

What is the market capitalization of Deswell Industries Stock?
As of the 2024-03-27, the market capitalization of Deswell Industries is 35.695M.
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About Deswell Industries

Deswell Industries Deswell Industries, Inc. manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. It operates in two segments, Plastic Injection Molding and Electronic Products Assembling. The company produces a range of plastic parts and components that are used in the manufacture of consumer and industrial ... DSWL Profile

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