Agiliti, Inc. Stock Forecast
Stronger technical forecast for Agiliti, Inc. stock price after Wednesday trading.
(Updated on May 08, 2024)
No changes to the price of Agiliti, Inc. stock on the last trading day (Wednesday, 8th May 2024). During the last trading day the stock fluctuated 0% from a day low at $10.05 to a day high of $10.05. The price has been going up and down for this period, and there has been a -0.5% loss for the last 2 weeks.
The stock lies in the middle of a very wide and 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 22.53% during the next 3 months and, with a 90% probability hold a price between $11.26 and $14.46 at the end of this 3-month period.
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AGTI 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 Agiliti, 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 $10.08 and $10.07. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -0.99%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Tuesday, April 30, 2024 and based on theory for this formation the price should fall by -0.300% to $10.02 within 24 trading days since signal was issued (Thursday, May 09, 2024).
Support, Risk & Stop-loss for Agiliti, Inc. stock
Agiliti, Inc. finds support from accumulated volume at $10.04 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.418%
Our recommended stop-loss: $9.62 (-4.26%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (AGTI) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect Agiliti, Inc. to open at $10.05, and during the day (based on 14 day Average True Range), to move between $9.98 and $10.12, which gives a possible trading interval of +/-$0.0668 (+/-0.66%) up or down from last closing price. If Agiliti, Inc. takes out the full calculated possible swing range there will be an estimated 1.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $10.06 (0.10%) than the support at $10.04 (0.10%), 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.
Earnings coming up
Agiliti, Inc. will release earnings BMO on Tuesday, May 14, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.150. We will update the financials statements for Agiliti, Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.08% in the first trading day after earnings release.
Is Agiliti, Inc. stock A Buy?
Agiliti, 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: 0.000 Hold/Accumulate Upgraded
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 Agiliti, Inc. of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| $10.05 ( 0%) | $10.05 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AGTI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.05 | . | |
| R2 | 10.05 | . | ||
| R1 | 10.05 | . | ||
| Current price: | 10.05 | |||
| Support | S1 | 10.05 | . | |
| S2 | 10.05 | . | ||
| S3 | 10.05 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.10 | 0.498 % | |
| R2 | 10.07 | 0.199 % | ||
| R1 | 10.06 | 0.0995 % | ||
| Current price | 10.05 | |||
| Support | S1 | 10.04 | -0.0995% | |
| S2 | 9.87 | -1.79% | ||
| S3 | 9.86 | -1.89% |
AGTI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 15, 2019 | Nov 15, 2019 | Nov 20, 2019 | $2.23 | 0% |
FAQ
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