Arvida Group Limited 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
Stronger technical forecast for Arvida Group Limited stock price after Wednesday trading.
(Updated on Jun 05, 2024)
The Arvida Group Limited stock price fell by -1.04% on the last day (Wednesday, 5th Jun 2024) from $0.96 to $0.95. During the last trading day the stock fluctuated 2.11% from a day low at $0.95 to a day high of $0.97. The price has fallen in 5 of the last 10 days and is down by -5% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -47 thousand shares and in total, 101 thousand shares were bought and sold for approximately $95.51 thousand.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.95 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -7.82% during the next 3 months and, with a 90% probability hold a price between $0.87 and $1.03 at the end of this 3-month period.
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ARV.NZ Signals & Forecast
There are mixed signals in the stock today. The Arvida Group Limited 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 $0.96 and $1.01. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for Arvida Group Limited stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.0200 between high and low, or 2.11%. For the last week the stock has had daily average volatility of 2.53%
Our recommended stop-loss: $0.89 (-6.20%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 41 days ago.)
Trading Expectations (ARV.NZ) For The Upcoming Trading Day Of Thursday 6th
For the upcoming trading day on Thursday, 6th we expect Arvida Group Limited to open at $0.96, and during the day (based on 14 day Average True Range), to move between $0.92 and $0.98, which gives a possible trading interval of +/-$0.0288 (+/-3.03%) up or down from last closing price. If Arvida Group Limited takes out the full calculated possible swing range there will be an estimated 6.06% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.96, some $0.0100 (1.05%) from the current price of $0.95, our system finds the risk reward not very attractive.
Is Arvida Group Limited stock A Buy?
Arvida Group Limited 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: -0.761 Hold/Accumulate Upgraded
Predicted Opening Price for Arvida Group Limited of Thursday, June 6, 2024
| Fair opening price June 6, 2024 | Current price |
|---|---|
| $0.96 ( 0.702%) | $0.95 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ARV.NZ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.98 | 2.81% |
| R2 | 0.97 | 2.00% |
| R1 | 0.96 | 1.51% |
| Price | 0.95 | |
| S1 | 0.95 | -0.102% |
| S2 | 0.94 | -0.599% |
| S3 | 0.94 | -1.40% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.00 | 5.26% |
| R2 | 0.99 | 4.21% |
| R1 | 0.96 | 1.05% |
| Price | 0.95 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
ARV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 06, 2023 | Dec 06, 2023 | Dec 21, 2023 | $0.0120 | 1.19% |
| 2 | Jun 07, 2023 | Jun 07, 2023 | Jun 07, 2023 | $0.0235 | 1.96% |
| 3 | Dec 06, 2022 | Dec 06, 2022 | Dec 06, 2022 | $0.0250 | 2.00% |
| 4 | Jun 07, 2022 | Jun 07, 2022 | Jun 07, 2022 | $0.0300 | 1.89% |
| 5 | Nov 30, 2021 | Nov 30, 2021 | Nov 30, 2021 | $0.0250 | 1.30% |
FAQ
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