RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AMTD
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

AMTD IDEA Group stock downgraded from Buy Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 1.73% PDF

The AMTD IDEA Group stock price gained 1.15% on the last trading day (Wednesday, 27th Mar 2024), rising from $1.74 to $1.76. During the last trading day the stock fluctuated 2.92% from a day low at $1.71 to a day high of $1.76. The price has been going up and down for this period, and there has been a 0.57% 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, 3 thousand more shares were traded than the day before. In total, 7 thousand shares were bought and sold for approximately $12.08 thousand.

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 -2.95% during the next 3 months and, with a 90% probability hold a price between $1.56 and $1.81 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

AMTD Signals & Forecast

The AMTD IDEA Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $1.72 and $1.73. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 4.76%. 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). AMTD IDEA Group has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for AMTD IDEA Group stock

AMTD IDEA Group finds support from accumulated volume at $1.75 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 $0.0499 between high and low, or 2.92%. For the last week the stock has had daily average volatility of 2.97%.

Our recommended stop-loss: $1.68 (-4.57%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (AMTD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect AMTD IDEA Group to open at $1.74, and during the day (based on 14 day Average True Range), to move between $1.70 and $1.82, which gives a possible trading interval of +/-$0.0601 (+/-3.42%) up or down from last closing price. If AMTD IDEA Group takes out the full calculated possible swing range there will be an estimated 6.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.75 (0.57%) than the resistance at $1.78 (1.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AMTD IDEA Group stock A Buy?

AMTD IDEA Group 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. 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: 0.243 Hold/Accumulate Downgraded

Predicted Opening Price for AMTD IDEA Group of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.74 ( 0.95%) $1.76

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

Trading levels for AMTD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.79 1.89 %
R2 1.77 0.81 %
R1 1.76 0.138 %
Current price: 1.76
Support S1 1.72 -2.03 %
S2 1.71 -2.70 %
S3 1.69 -3.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.80 2.28 %
R2 1.79 1.70 %
R1 1.78 1.14 %
Current price 1.76
Support S1 1.75 -0.568%
S2 1.74 -1.14%
S3 1.70 -3.41%

AMTD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 21, 2020 Aug 06, 2020 Aug 21, 2020 $0.310 0.795%
2 Apr 22, 2020 May 05, 2020 May 20, 2020 $0.310 0.82%
3 Jan 22, 2020 Feb 04, 2020 Feb 19, 2020 $0.310 0.611%
4 Oct 21, 2019 Nov 04, 2019 Nov 19, 2019 $0.310 0.646%
5 Jul 22, 2019 Aug 05, 2019 Aug 20, 2019 $0.300 0.538%

FAQ

What is the symbol for AMTD IDEA Group Stock and on which exchange is it traded?
The symbol for AMTD IDEA Group is AMTD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell AMTD IDEA Group Stock?
AMTD IDEA Group 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. 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.

How to buy AMTD IDEA Group Stock?
AMTD IDEA Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AMTD IDEA Group Stock.

What's the current price of AMTD IDEA Group Stock?
As of the end of day on the 2024-03-27, the price of an AMTD IDEA Group (AMTD) share was $1.76.

What is the 52-week high and low for AMTD IDEA Group Stock?
The 52-week high for AMTD IDEA Group Stock is $2.04 and the 52-week low is $0.590.

What is the market capitalization of AMTD IDEA Group Stock?
As of the 2024-03-27, the market capitalization of AMTD IDEA Group is 3.369B.

When is the next earnings date for AMTD IDEA Group?
The upcoming earnings date for AMTD IDEA Group is Apr 19, 2024.
Click to get the best stock tips daily for free!

About AMTD IDEA Group

AMTD IDEA Group AMTD IDEA Group, an investment holding company, engages in investment banking activities in Hong Kong, Mainland China, the United States, and internationally. The company operates through three segments: Investment Banking, Asset Management, and Strategic Investment. It offers a range of investment banking services, including equity underwriting, debt underwriting, securities brokerage, institutional sales and distribution, and research, as well ... AMTD Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT