ADT Inc. Stock Forecast
ADT Inc. stock price up 2.31% on Thursday
(Updated on May 02, 2024)
The ADT Inc. stock price gained 2.31% on the last trading day (Thursday, 2nd May 2024), rising from $6.50 to $6.65. During the last trading day the stock fluctuated 2.45% from a day low at $6.53 to a day high of $6.69. The price has risen in 7 of the last 10 days and is up by 7.61% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 4 million shares were bought and sold for approximately $24.20 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 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 -7.30% during the next 3 months and, with a 90% probability hold a price between $5.61 and $6.58 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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ADT Signals & Forecast
Mostly positive signals in the chart today. The ADT 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 $6.48 and $6.45. 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 7.95%. 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 ADT Inc. stock
ADT Inc. finds support from accumulated volume at $6.55 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 $0.160 (2.45%) between high and low. For the last week, the stock has had daily average volatility of 2.34%.
Our recommended stop-loss: $6.39 (-3.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (ADT) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect ADT Inc. to open at $6.62, and during the day (based on 14 day Average True Range), to move between $6.47 and $6.83, which gives a possible trading interval of +/-$0.183 (+/-2.76%) up or down from last closing price. If ADT Inc. takes out the full calculated possible swing range there will be an estimated 5.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $6.71 (0.90%) than the support at $6.55 (1.50%), 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 ADT 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: 1.925 Buy Candidate Unchanged
Predicted Opening Price for ADT Inc. of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $6.62 ( 0.401%) | $6.65 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ADT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.78 | 2.01 % | |
| R2 | 6.72 | 1.09 % | ||
| R1 | 6.68 | 0.518 % | ||
| Current price: | 6.65 | |||
| Support | S1 | 6.56 | -1.32 % | |
| S2 | 6.52 | -1.89 % | ||
| S3 | 6.46 | -2.81 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 7.26 | 9.17 % | |
| R2 | 7.19 | 8.12 % | ||
| R1 | 6.71 | 0.90 % | ||
| Current price | 6.65 | |||
| Support | S1 | 6.55 | -1.50% | |
| S2 | 6.51 | -2.11% | ||
| S3 | 6.26 | -5.86% |
ADT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | Jun 13, 2024 | Jul 09, 2024 | $0.0550 | 0.83% |
| 2 | Jan 24, 2024 | Mar 13, 2024 | Apr 04, 2024 | $0.0550 | 0.88% |
| 3 | Dec 13, 2023 | Dec 13, 2023 | Jan 09, 2024 | $0.0350 | 0.538% |
| 4 | Aug 08, 2023 | Sep 14, 2023 | Oct 04, 2023 | $0.0400 | 0.643% |
| 5 | May 02, 2023 | Jun 14, 2023 | Jul 06, 2023 | $0.0350 | 0.580% |
FAQ
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