EZCORP Stock Forecast
Red day on Friday for EZCORP
(Updated on May 03, 2024)
The EZCORP stock price fell by -1.04% on the last day (Friday, 3rd May 2024) from $10.54 to $10.43. During the last trading day the stock fluctuated 2.43% from a day low at $10.29 to a day high of $10.54. The price has fallen in 6 of the last 10 days and is down by -6.88% 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 -412 thousand shares and in total, 861 thousand shares were bought and sold for approximately $8.98 million.
Given the current short-term trend, the stock is expected to rise 7.74% during the next 3 months and, with a 90% probability hold a price between $11.24 and $12.49 at the end of this 3-month period.
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EZPW Signals & Forecast
There are few to no technical positive signals at the moment. The EZCORP stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $10.94 and $10.93. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -9.30%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for EZCORP stock
EZCORP finds support from accumulated volume at $10.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.250 (2.43%) between high and low. For the last week, the stock has had daily average volatility of 4.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EZPW) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect EZCORP to open at $10.42, and during the day (based on 14 day Average True Range), to move between $10.06 and $10.80, which gives a possible trading interval of +/-$0.367 (+/-3.52%) up or down from last closing price. If EZCORP takes out the full calculated possible swing range there will be an estimated 7.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $10.42 (0.10%) than the resistance at $10.45 (0.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is EZCORP stock A Buy?
The EZCORP stock holds several negative signals and despite the positive trend, we believe EZCORP will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.814 Sell Candidate Unchanged
Predicted Opening Price for EZCORP of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $10.42 ( 0.0959%) | $10.43 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EZPW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.67 | 2.30 % | |
| R2 | 10.57 | 1.39 % | ||
| R1 | 10.52 | 0.82 % | ||
| Current price: | 10.43 | |||
| Support | S1 | 10.32 | -1.01 % | |
| S2 | 10.27 | -1.58 % | ||
| S3 | 10.17 | -2.49 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.26 | 7.96 % | |
| R2 | 10.54 | 1.05 % | ||
| R1 | 10.45 | 0.192 % | ||
| Current price | 10.43 | |||
| Support | S1 | 10.42 | -0.0959% | |
| S2 | 10.31 | -1.15% | ||
| S3 | 10.04 | -3.74% |
EZPW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 25, 2000 | Feb 04, 2000 | Feb 22, 2000 | $0.0043 | 0.281% |
| 2 | Nov 17, 1999 | Nov 29, 1999 | Dec 15, 1999 | $0.0043 | 0.345% |
| 3 | Jul 27, 1999 | Aug 06, 1999 | Aug 24, 1999 | $0.0043 | 0.242% |
| 4 | Apr 27, 1999 | May 07, 1999 | May 25, 1999 | $0.0040 | 0.157% |
| 5 | Jan 26, 1999 | Feb 05, 1999 | Feb 23, 1999 | $0.0040 | 0.155% |
FAQ
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