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 SSP
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High volatility in EW Scripps Company (The) stock price on Thursday which ended trading at $3.93
(Updated on Mar 28, 2024)

Sell candidate since Feb 02, 2024 Loss -49.94% PDF

The EW Scripps Company (The) stock price fell by -0.758% on the last day (Thursday, 28th Mar 2024) from $3.96 to $3.93. During the last trading day the stock fluctuated 10.99% from a day low at $3.73 to a day high of $4.14. The price has fallen in 6 of the last 10 days and is down by -1.26% for this period. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $10.36 million.

The stock lies in the middle of a very 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 -52.86% during the next 3 months and, with a 90% probability hold a price between $1.46 and $2.38 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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SSP Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 13.09%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The EW Scripps Company (The) 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 $4.60. On a fall, the stock will find some support from the short-term average at $3.79. 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. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for EW Scripps Company (The) stock

EW Scripps Company (The) finds support from accumulated volume at $3.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.410 between high and low, or 10.99%. For the last week, the stock has had daily average volatility of 10.48%.

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

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

For the upcoming trading day on Monday, 1st we expect EW Scripps Company (The) to open at $3.93, and during the day (based on 14 day Average True Range), to move between $3.51 and $4.35, which gives a possible trading interval of +/-$0.424 (+/-10.79%) up or down from last closing price. If EW Scripps Company (The) takes out the full calculated possible swing range there will be an estimated 21.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.86 (1.78%) than the resistance at $4.26 (8.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is EW Scripps Company (The) stock A Buy?

EW Scripps Company (The) 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: -3.349 Sell Candidate Unchanged

Predicted Opening Price for EW Scripps Company (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.93 ( 0.0848%) $3.93

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

Trading levels for SSP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.34 10.52 %
R2 4.19 6.53 %
R1 4.09 4.07 %
Current price: 3.93
Support S1 3.78 -3.90 %
S2 3.68 -6.36 %
S3 3.52 -10.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.61 17.30 %
R2 4.34 10.43 %
R1 4.26 8.40 %
Current price 3.93
Support S1 3.86 -1.78%
S2 3.76 -4.33%
S3 3.72 -5.34%

SSP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 04, 2020 Dec 14, 2020 Dec 24, 2020 $0.0500 0.347%
2 Aug 07, 2020 Sep 14, 2020 Sep 25, 2020 $0.0500 0.430%
3 May 07, 2020 Jun 12, 2020 Jun 25, 2020 $0.0500 0.579%
4 Feb 26, 2020 Mar 13, 2020 Mar 25, 2020 $0.0500 0.571%
5 Nov 05, 2019 Dec 12, 2019 Dec 24, 2019 $0.0500 0.319%

FAQ

What is the symbol for EW Scripps Company (The) Stock and on which exchange is it traded?
The symbol for EW Scripps Company (The) is SSP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell EW Scripps Company (The) Stock?
EW Scripps Company (The) 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 EW Scripps Company (The) Stock?
EW Scripps Company (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy EW Scripps Company (The) Stock.

What's the current price of EW Scripps Company (The) Stock?
As of the end of day on the 2024-03-28, the price of an EW Scripps Company (The) (SSP) share was $3.93.

What is the 52-week high and low for EW Scripps Company (The) Stock?
The 52-week high for EW Scripps Company (The) Stock is $11.02 and the 52-week low is $3.39.

What is the market capitalization of EW Scripps Company (The) Stock?
As of the 2024-03-28, the market capitalization of EW Scripps Company (The) is 332.558M.

When is the next earnings date for EW Scripps Company (The)?
The upcoming earnings date for EW Scripps Company (The) is May 03, 2024.
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About EW Scripps Company (The)

EW Scripps Company (The) The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, Scripps Network, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations. This segment also runs network, syndicated, and original pr... SSP Profile

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