RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AMBP
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Stronger technical forecast for Ardagh Metal Packaging S.A. stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Ardagh Metal Packaging S.A. stock price gained 1.18% on the last trading day (Thursday, 28th Mar 2024), rising from $3.39 to $3.43. During the last trading day the stock fluctuated 1.76% from a day low at $3.41 to a day high of $3.47. The price has been going up and down for this period, and there has been a 2.69% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 991 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $7.69 million.

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 -10.31% during the next 3 months and, with a 90% probability hold a price between $2.77 and $3.36 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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AMBP Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 01, 2024, and so far it has risen 6.52%. 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 is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ardagh Metal Packaging S.A. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $3.49. On a fall, the stock will find some support from the short-term average at $3.41. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Ardagh Metal Packaging S.A. stock

Ardagh Metal Packaging S.A. finds support from accumulated volume at $3.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0600 between high and low, or 1.76%. For the last week, the stock has had daily average volatility of 2.83%.

Our recommended stop-loss: $3.23 (-5.91%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (AMBP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ardagh Metal Packaging S.A. to open at $3.44, and during the day (based on 14 day Average True Range), to move between $3.32 and $3.54, which gives a possible trading interval of +/-$0.113 (+/-3.29%) up or down from last closing price. If Ardagh Metal Packaging S.A. takes out the full calculated possible swing range there will be an estimated 6.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.36 (2.04%) than the resistance at $3.59 (4.66%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ardagh Metal Packaging S.A. stock A Buy?

Ardagh Metal Packaging S.A. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, 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: 0.117 Hold/Accumulate Upgraded

Predicted Opening Price for Ardagh Metal Packaging S.A. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.44 ( 0.194%) $3.43

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AMBP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.50 1.94 %
R2 3.47 1.28 %
R1 3.46 0.86 %
Current price: 3.43
Support S1 3.41 -0.474 %
S2 3.40 -0.89 %
S3 3.38 -1.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.73 8.75 %
R2 3.64 6.12 %
R1 3.59 4.66 %
Current price 3.43
Support S1 3.36 -2.04%
S2 3.29 -4.08%
S3 3.27 -4.66%

AMBP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 12, 2024 Mar 12, 2024 Mar 27, 2024 $0.100 2.95%
2 Oct 26, 2023 Dec 05, 2023 Dec 20, 2023 $0.100 2.60%
3 Jul 27, 2023 Sep 13, 2023 Sep 28, 2023 $0.100 3.21%
4 Apr 27, 2023 Jun 13, 2023 Jun 28, 2023 $0.100 2.84%
5 Feb 23, 2023 Mar 13, 2023 Mar 28, 2023 $0.100 2.58%

FAQ

What is the symbol for Ardagh Metal Packaging S.A. Stock and on which exchange is it traded?
The symbol for Ardagh Metal Packaging S.A. is AMBP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ardagh Metal Packaging S.A. Stock?
Ardagh Metal Packaging S.A. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, 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.

How to buy Ardagh Metal Packaging S.A. Stock?
Ardagh Metal Packaging S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ardagh Metal Packaging S.A. Stock.

What's the current price of Ardagh Metal Packaging S.A. Stock?
As of the end of day on the 2024-03-28, the price of an Ardagh Metal Packaging S.A. (AMBP) share was $3.43.

What is the 52-week high and low for Ardagh Metal Packaging S.A. Stock?
The 52-week high for Ardagh Metal Packaging S.A. Stock is $4.29 and the 52-week low is $2.57.

What is the market capitalization of Ardagh Metal Packaging S.A. Stock?
As of the 2024-03-28, the market capitalization of Ardagh Metal Packaging S.A. is 2.05B.

When is the next earnings date for Ardagh Metal Packaging S.A.?
The upcoming earnings date for Ardagh Metal Packaging S.A. is Apr 25, 2024.
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About Ardagh Metal Packaging S.A.

Ardagh Metal Packaging S.A. Ardagh Metal Packaging S.A. supplies metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine. The company serves beverage producers. The company is based in Luxembourg, Luxembourg. Ardagh Metal Packaging S.A. is a subsidiary of Ardagh Group S.A.... AMBP Profile

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