Moog Inc. Stock Forecast
Green day on Thursday for Moog Inc. stock after gaining 1.12%
(Updated on May 02, 2024)
The Moog Inc. stock price gained 1.12% on the last trading day (Thursday, 2nd May 2024), rising from $160.43 to $162.22. During the last trading day the stock fluctuated 1.33% from a day low at $160.61 to a day high of $162.75. The price has risen in 6 of the last 10 days and is up by 6.22% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 63 thousand shares were bought and sold for approximately $10.21 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 lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.69% during the next 3 months and, with a 90% probability hold a price between $172.02 and $187.67 at the end of this 3-month period.
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MOG-A Signals & Forecast
The Moog 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 $161.18 and $157.31. A breakdown below any of these levels will issue sell signals. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, April 26, 2024, and so far it has fallen -3.71%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Moog Inc. stock
Moog Inc. finds support from accumulated volume at $159.07 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 $2.14 (1.33%) between high and low. For the last week, the stock has had daily average volatility of 3.72%.
Our recommended stop-loss: $154.91 (-4.51%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (MOG-A) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Moog Inc. to open at $161.86, and during the day (based on 14 day Average True Range), to move between $157.81 and $166.63, which gives a possible trading interval of +/-$4.41 (+/-2.72%) up or down from last closing price. If Moog Inc. takes out the full calculated possible swing range there will be an estimated 5.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $162.53 (0.19%) than the support at $159.07 (1.94%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Moog Inc. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Moog Inc. stock to perform well in the short-term.
Current score: 3.659 Buy Candidate Unchanged
Predicted Opening Price for Moog Inc. of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $161.86 ( 0.222%) | $162.22 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MOG-A
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 164.00 | 1.10 % | |
| R2 | 163.18 | 0.593 % | ||
| R1 | 162.68 | 0.282 % | ||
| Current price: | 162.22 | |||
| Support | S1 | 161.04 | -0.726 % | |
| S2 | 160.54 | -1.04 % | ||
| S3 | 159.72 | -1.54 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 168.47 | 3.85 % | ||
| R1 | 162.53 | 0.191 % | ||
| Current price | 162.22 | |||
| Support | S1 | 159.07 | -1.94% | |
| S2 | 158.38 | -2.37% | ||
| S3 | 154.34 | -4.86% |
MOG-A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | May 28, 2024 | $0 | 0% |
| 2 | Feb 08, 2024 | Feb 08, 2024 | Feb 27, 2024 | $0 | 0% |
| 3 | Nov 03, 2023 | Nov 21, 2023 | Dec 08, 2023 | $0.270 | 0.195% |
| 4 | Jul 28, 2023 | Aug 10, 2023 | Aug 28, 2023 | $0.270 | 0.235% |
| 5 | Apr 28, 2023 | May 11, 2023 | Aug 28, 2023 | $0.270 | 0.235% |
FAQ
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