Athene Holding Ltd. Stock Forecast
Red day on Tuesday for Athene Holding Ltd.
(Updated on Jun 25, 2024)
The Athene Holding Ltd. stock price fell by -0.241% on the last day (Tuesday, 25th Jun 2024) from $24.87 to $24.81. During the last trading day the stock fluctuated 0.443% from a day low at $24.81 to a day high of $24.92. The price has risen in 7 of the last 10 days but is still down by -0.2% 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 -18 thousand shares and in total, 32 thousand shares were bought and sold for approximately $787.92 thousand.
The stockis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $24.87 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Athene Holding Ltd. stock with a 90% probability to be traded between $24.48 and $24.80 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. 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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ATH-PC Signals & Forecast
There are mixed signals in the stock today. The Athene Holding Ltd. 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 $24.88. On a fall, the stock will find some support from the short-term average at $24.71. 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. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.241%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.
Support, Risk & Stop-loss for Athene Holding Ltd. stock
Athene Holding Ltd. finds support from accumulated volume at $24.77 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 $0.110 between high and low, or 0.443%. For the last week the stock has had daily average volatility of 0.576%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ATH-PC) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Athene Holding Ltd. to open at $24.85, and during the day (based on 14 day Average True Range), to move between $24.63 and $24.99, which gives a possible trading interval of +/-$0.183 (+/-0.74%) up or down from last closing price. If Athene Holding Ltd. takes out the full calculated possible swing range there will be an estimated 1.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.77 (0.16%) than the resistance at $24.87 (0.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Athene Holding Ltd. stock A Buy?
Athene Holding Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -4.720 Sell Candidate Unchanged
Predicted Opening Price for Athene Holding Ltd. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $24.85 ( 0.148%) | $24.81 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ATH-PC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.96 | 0.591% |
| R2 | 24.91 | 0.422% |
| R1 | 24.89 | 0.317% |
| Price | 24.81 | |
| S1 | 24.80 | -0.0216% |
| S2 | 24.78 | -0.126% |
| S3 | 24.74 | -0.296% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.00 | 0.766% |
| R2 | 24.92 | 0.443% |
| R1 | 24.87 | 0.242% |
| Price | 24.81 | |
| S1 | 24.77 | -0.161% |
| S2 | 24.76 | -0.202% |
| S3 | 24.68 | -0.524% |
ATH-PC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 14, 2024 | Jul 01, 2024 | $0.398 | 1.60% |
| 2 | Mar 14, 2024 | Mar 14, 2024 | Apr 01, 2024 | $0.398 | 1.59% |
| 3 | Dec 14, 2023 | Dec 14, 2023 | Jan 02, 2024 | $0.398 | 1.62% |
| 4 | Sep 14, 2023 | Sep 14, 2023 | Oct 02, 2023 | $0.398 | 1.66% |
| 5 | Jun 14, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.398 | 1.70% |
FAQ
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