LAUREATE EDUCATION, INC. Stock Forecast
LAUREATE EDUCATION, INC. stock upgraded from Buy Candidate to Strong Buy Candidate after Friday trading session.
(Updated on May 17, 2024)
The LAUREATE EDUCATION, INC. stock price gained 0.99% on the last trading day (Friday, 17th May 2024), rising from $16.18 to $16.34. During the last trading day the stock fluctuated 1.36% from a day low at $16.13 to a day high of $16.35. The price has risen in 6 of the last 10 days and is up by 9.08% over the past 2 weeks. Volume fell on the last day by -639 thousand shares and in total, 491 thousand shares were bought and sold for approximately $8.03 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 has broken the strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $16.09, a level that may pose a second chance to hit a runner. According to fan-theory $17.31 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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LAUR Signals & Forecast
Mostly positive signals in the chart today. The LAUREATE EDUCATION, INC. 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 $16.20 and $14.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 17.98%. 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). 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.
Support, Risk & Stop-loss for LAUREATE EDUCATION, INC. stock
LAUREATE EDUCATION, INC. finds support from accumulated volume at $16.32 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 $0.220 between high and low, or 1.36%. For the last week, the stock has had daily average volatility of 1.78%.
Our recommended stop-loss: $15.67 (-4.08%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 23 days ago.)
Trading Expectations (LAUR) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect LAUREATE EDUCATION, INC. to open at $16.27, and during the day (based on 14 day Average True Range), to move between $15.93 and $16.75, which gives a possible trading interval of +/-$0.406 (+/-2.48%) up or down from last closing price. If LAUREATE EDUCATION, INC. takes out the full calculated possible swing range there will be an estimated 4.97% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $16.32, some $0.0200 (0.12%) from the current price of $16.34, our system finds the risk reward attractive.
Is LAUREATE EDUCATION, INC. stock A Buy?
LAUREATE EDUCATION, INC. holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.750 Strong Buy Candidate Upgraded
Predicted Opening Price for LAUREATE EDUCATION, INC. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $16.27 ( 0.408%) | $16.34 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LAUR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 16.49 | 0.94 % | |
| R2 | 16.41 | 0.424 % | ||
| R1 | 16.36 | 0.106 % | ||
| Current price: | 16.34 | |||
| Support | S1 | 16.19 | -0.92 % | |
| S2 | 16.14 | -1.24 % | ||
| S3 | 16.05 | -1.75 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 16.34 | |||
| Support | S1 | 16.32 | -0.122% | |
| S2 | 14.59 | -10.71% | ||
| S3 | 14.50 | -11.26% |
LAUR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 14, 2023 | Nov 14, 2023 | Nov 14, 2023 | $0 | 0% |
| 2 | Oct 24, 2022 | Nov 03, 2022 | Nov 17, 2022 | $0.680 | 6.77% |
| 3 | Sep 20, 2022 | Sep 27, 2022 | Oct 12, 2022 | $0.83 | 7.67% |
| 4 | Dec 03, 2021 | Dec 13, 2021 | Dec 28, 2021 | $0.580 | 4.84% |
| 5 | Sep 15, 2021 | Nov 01, 2021 | Oct 29, 2021 | $7.01 | 40.47% |
FAQ
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