Energizer Holdings Inc Stock Forecast
Energizer Holdings Inc stock price up 1.81% on Friday
(Updated on May 10, 2024)
The Energizer Holdings Inc stock price gained 1.81% on the last trading day (Friday, 10th May 2024), rising from $39.26 to $39.97. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.69% from a day low at $39.00 to a day high of $40.05. The price has risen in 7 of the last 10 days and is up by 6.79% over the past 2 weeks. Volume fell on the last day by -160 thousand shares and in total, 413 thousand shares were bought and sold for approximately $16.52 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.
Given the current short-term trend, the stock is expected to fall -2.79% during the next 3 months and, with a 90% probability hold a price between $34.03 and $38.86 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
EPC Signals & Forecast
Mostly positive signals in the chart today. The Energizer Holdings 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 $38.43 and $37.27. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 13.17%. 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 Energizer Holdings Inc stock
Energizer Holdings Inc finds support from accumulated volume at $39.26 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 $1.05 between high and low, or 2.69%. For the last week, the stock has had daily average volatility of 2.75%.
The Energizer Holdings Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Our recommended stop-loss: $38.30 (-4.17%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 17 days ago.)
Trading Expectations (EPC) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Energizer Holdings Inc to open at $39.67, and during the day (based on 14 day Average True Range), to move between $39.15 and $40.79, which gives a possible trading interval of +/-$0.82 (+/-2.05%) up or down from last closing price. If Energizer Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.09% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $39.26, some $0.710 (1.78%) from the current price of $39.97, our system finds the risk reward attractive.
Is Energizer Holdings Inc 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.
Current score: 3.884 Buy Candidate Unchanged
Predicted Opening Price for Energizer Holdings Inc of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| $39.67 ( 0.742%) | $39.97 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EPC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.72 | 1.88 % | |
| R2 | 40.32 | 0.88 % | ||
| R1 | 40.07 | 0.261 % | ||
| Current price: | 39.97 | |||
| Support | S1 | 39.27 | -1.75 % | |
| S2 | 39.02 | -2.37 % | ||
| S3 | 38.62 | -3.37 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 39.97 | |||
| Support | S1 | 39.26 | -1.78% | |
| S2 | 38.83 | -2.85% | ||
| S3 | 37.61 | -5.90% |
EPC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 06, 2024 | Jun 06, 2024 | Jul 09, 2024 | $0.150 | 0.375% |
| 2 | Feb 01, 2024 | Mar 06, 2024 | Apr 04, 2024 | $0.150 | 0.412% |
| 3 | Nov 02, 2023 | Dec 05, 2023 | Jan 04, 2024 | $0.150 | 0.420% |
| 4 | Aug 01, 2023 | Sep 06, 2023 | Oct 04, 2023 | $0.150 | 0.413% |
| 5 | May 09, 2023 | Jun 06, 2023 | Jul 06, 2023 | $0.150 | 0.373% |
FAQ
Click here for our free guide on how to buy Energizer Holdings Inc Stock.
