Keurig Dr Pepper 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
Keurig Dr Pepper Inc. stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 28, 2024)
The Keurig Dr Pepper Inc. stock price fell by -2.60% on the last day (Friday, 28th Jun 2024) from £34.40 to £33.51. During the last trading day the stock fluctuated 1.85% from a day low at £33.50 to a day high of £34.12. The price has fallen in 5 of the last 10 days and is down by -1.51% for this period. Volume has increased on the last day by 178 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, 178 thousand shares were bought and sold for approximately £5.95 million.
Given the current short-term trend, the stock is expected to rise 12.75% during the next 3 months and, with a 90% probability hold a price between £37.78 and £40.45 at the end of this 3-month period.
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0Z62.L Signals & Forecast
There are few to no technical positive signals at the moment. The Keurig Dr Pepper Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at £34.25 and £34.16. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -3.61%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Keurig Dr Pepper Inc. stock
Keurig Dr Pepper Inc. finds support from accumulated volume at £32.03 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 £0.620 between high and low, or 1.85%. For the last week the stock has had daily average volatility of 1.02%.
Our recommended stop-loss: £31.76 (-5.20%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 54 days ago.)
Trading Expectations (0Z62.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Keurig Dr Pepper Inc. to open at £33.71, and during the day (based on 14 day Average True Range), to move between £33.08 and £33.93, which gives a possible trading interval of +/-£0.427 (+/-1.27%) up or down from last closing price. If Keurig Dr Pepper Inc. takes out the full calculated possible swing range there will be an estimated 2.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £33.65 (0.43%) than the support at £32.03 (4.40%), 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 Keurig Dr Pepper Inc. stock A Buy?
Keurig Dr Pepper 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Keurig Dr Pepper Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| £33.71 ( 0.607%) | £33.51 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0Z62.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 34.33 | 2.46% |
| R2 | 34.09 | 1.75% |
| R1 | 33.95 | 1.31% |
| Price | 33.51 | |
| S1 | 33.47 | -0.100% |
| S2 | 33.33 | -0.537% |
| S3 | 33.09 | -1.24% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 34.02 | 1.54% |
| R2 | 33.67 | 0.492% |
| R1 | 33.65 | 0.433% |
| Price | 33.51 | |
| S1 | 32.03 | -4.40% |
| S2 | 31.65 | -5.54% |
| S3 | 30.41 | -9.24% |
0Z62 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2024 | Jun 28, 2024 | Jul 12, 2024 | £0.215 | 0.640% |
| 2 | Mar 27, 2024 | Mar 27, 2024 | Apr 12, 2024 | £0.215 | 0.712% |
| 3 | Jan 04, 2024 | Jan 04, 2024 | Jan 19, 2024 | £0.215 | 0.678% |
| 4 | Sep 28, 2023 | Sep 28, 2023 | Oct 13, 2023 | £0.215 | 0.762% |
| 5 | Jun 29, 2023 | Jun 29, 2023 | Jul 14, 2023 | £0.200 | 0.631% |
FAQ
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