Xylem Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Xylem Inc. stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Jun 26, 2024)
The Xylem Inc. stock price fell by -2.88% on the last day (Wednesday, 26th Jun 2024) from $139.66 to $135.64. During the last trading day the stock fluctuated 1.40% from a day low at $134.59 to a day high of $136.47. The price has fallen in 5 of the last 10 days and is down by -1.79% for this period. Volume has increased on the last day by 1 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 thousand shares were bought and sold for approximately $225.56 thousand.
Given the current short-term trend, the stock is expected to rise 11.19% during the next 3 months and, with a 90% probability hold a price between $150.81 and $167.89 at the end of this 3-month period.
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0M29.L Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Xylem Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $138.89 and $140.50. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -6.74%. Further fall is indicated until a new bottom pivot has been found. Xylem Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The stock had a Golden Star Signal on Friday, April 19, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Friday, April 19, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Xylem Inc. stock
Xylem Inc. finds support from accumulated volume at $135.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.88 between high and low, or 1.40%. For the last week the stock has had daily average volatility of 0.83%.
Our recommended stop-loss: $128.77 (-5.06%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 47 days ago.)
Trading Expectations (0M29.L) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Xylem Inc. to open at $135.57, and during the day (based on 14 day Average True Range), to move between $133.44 and $137.83, which gives a possible trading interval of +/-$2.20 (+/-1.62%) up or down from last closing price. If Xylem Inc. takes out the full calculated possible swing range there will be an estimated 3.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $135.23 (0.30%) than the resistance at $138.07 (1.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Xylem Inc. stock A Buy?
Xylem Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.594 Hold/Accumulate Upgraded
Predicted Opening Price for Xylem Inc. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| $135.57 ( 0.0506%) | $135.64 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0M29.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 137.45 | 1.34% |
| R2 | 136.73 | 0.81% |
| R1 | 136.29 | 0.480% |
| Price | 135.64 | |
| S1 | 134.85 | -0.581% |
| S2 | 134.40 | -0.91% |
| S3 | 133.68 | -1.44% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 143.72 | 5.96% |
| R2 | 140.08 | 3.28% |
| R1 | 138.07 | 1.80% |
| Price | 135.64 | |
| S1 | 135.23 | -0.299% |
| S2 | 130.07 | -4.10% |
| S3 | 128.18 | -5.50% |
0M29 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 30, 2024 | May 30, 2024 | Jun 27, 2024 | $0.360 | 0.265% |
| 2 | Feb 20, 2024 | Feb 20, 2024 | Mar 20, 2024 | $0.360 | 0.282% |
| 3 | Nov 20, 2023 | Nov 20, 2023 | Nov 20, 2023 | $0.330 | 0.328% |
| 4 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | $0.330 | 0.319% |
| 5 | May 26, 2023 | May 26, 2023 | May 26, 2023 | $0.330 | 0.340% |
FAQ
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