Aegon Funding Company Llc Stock Forecast
Weaker technical forecast for Aegon Funding Company Llc as stock downgraded to Sell Candidate.
(Updated on Jun 28, 2024)
The Aegon Funding Company Llc stock price fell by -1.84% on the last day (Friday, 28th Jun 2024) from $21.16 to $20.77. During the last trading day the stock fluctuated 1.78% from a day low at $20.77 to a day high of $21.14. The price has risen in 5 of the last 10 days but is still down by -0.53% for this period. Volume has increased on the last day by 43 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, 62 thousand shares were bought and sold for approximately $1.29 million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Aegon Funding Company Llc stock with a 90% probability to be traded between $19.85 and $21.13 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AEFC 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 Aegon Funding Company Llc 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 $20.98 and $21.12. 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 26, 2024, and so far it has fallen -2.30%. Further fall is indicated until a new bottom pivot has been found. Aegon Funding Company Llc 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".
Support, Risk & Stop-loss for Aegon Funding Company Llc stock
Aegon Funding Company Llc finds support from accumulated volume at $20.70 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 $0.370 between high and low, or 1.78%. For the last week the stock has had daily average volatility of 1.13%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AEFC) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Aegon Funding Company Llc to open at $20.89, and during the day (based on 14 day Average True Range), to move between $20.51 and $21.03, which gives a possible trading interval of +/-$0.257 (+/-1.24%) up or down from last closing price. If Aegon Funding Company Llc takes out the full calculated possible swing range there will be an estimated 2.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $20.82 (0.24%) than the support at $20.70 (0.34%), 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 Aegon Funding Company Llc stock A Buy?
Aegon Funding Company Llc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. 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 Sell candidate.
Current score: -3.731 Sell Candidate Downgraded
Predicted Opening Price for Aegon Funding Company Llc of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $20.89 ( 0.594%) | $20.77 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AEFC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.26 | 2.38% |
| R2 | 21.12 | 1.69% |
| R1 | 21.03 | 1.27% |
| Price | 20.77 | |
| S1 | 20.75 | -0.0867% |
| S2 | 20.66 | -0.507% |
| S3 | 20.52 | -1.19% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.67 | 4.33% |
| R2 | 21.10 | 1.59% |
| R1 | 20.82 | 0.241% |
| Price | 20.77 | |
| S1 | 20.70 | -0.337% |
| S2 | 20.54 | -1.11% |
| S3 | 20.50 | -1.30% |
AEFC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 31, 2024 | May 31, 2024 | Jun 17, 2024 | $0.319 | 1.53% |
| 2 | Feb 27, 2024 | Feb 27, 2024 | Mar 15, 2024 | $0.319 | 1.44% |
| 3 | Nov 29, 2023 | Nov 29, 2023 | Dec 15, 2023 | $0.319 | 1.51% |
| 4 | Aug 30, 2023 | Aug 30, 2023 | Sep 15, 2023 | $0.319 | 1.55% |
| 5 | May 30, 2023 | May 30, 2023 | Jun 15, 2023 | $0.319 | 1.47% |
FAQ
Click here for our free guide on how to buy Aegon Funding Company Llc Stock.
