Athene Holding Ltd. Stock Forecast
Green day on Wednesday for Athene Holding Ltd. stock after gaining 0.742%
(Updated on Jun 26, 2024)
The Athene Holding Ltd. stock price gained 0.742% on the last trading day (Wednesday, 26th Jun 2024), rising from $18.88 to $19.02. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.24% from a day low at $18.79 to a day high of $19.02. The price has risen in 7 of the last 10 days and is up by 2.37% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 26 thousand more shares were traded than the day before. In total, 91 thousand shares were bought and sold for approximately $1.73 million.
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 $19.17 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 $18.36 and $19.15 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.
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ATH-PD Signals & Forecast
The Athene Holding Ltd. 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 $18.74 and $18.75. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 3.43%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Thursday, June 20, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Thursday, June 20, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Athene Holding Ltd. stock
Athene Holding Ltd. finds support from accumulated volume at $18.77 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.232 between high and low, or 1.24%. For the last week the stock has had daily average volatility of 1.07%.
Our recommended stop-loss: $17.93 (-5.75%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)
Trading Expectations (ATH-PD) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Athene Holding Ltd. to open at $18.94, and during the day (based on 14 day Average True Range), to move between $18.71 and $19.33, which gives a possible trading interval of +/-$0.307 (+/-1.61%) up or down from last closing price. If Athene Holding Ltd. takes out the full calculated possible swing range there will be an estimated 3.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $19.04 (0.11%) than the support at $18.77 (1.31%), 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.
Is Athene Holding Ltd. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Athene Holding Ltd. stock to perform well in the short-term period.
Current score: 1.903 Buy Candidate Unchanged
Predicted Opening Price for Athene Holding Ltd. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| $18.94 ( 0.407%) | $19.02 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ATH-PD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 19.17 | 0.81% |
| R2 | 19.09 | 0.348% |
| R1 | 19.03 | 0.0594% |
| Price | 19.02 | |
| S1 | 18.85 | -0.87% |
| S2 | 18.80 | -1.16% |
| S3 | 18.71 | -1.63% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 19.19 | 0.89% |
| R1 | 19.04 | 0.105% |
| Price | 19.02 | |
| S1 | 18.77 | -1.31% |
| S2 | 18.71 | -1.63% |
| S3 | 18.65 | -1.95% |
ATH-PD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 14, 2024 | Jul 01, 2024 | $0.305 | 1.61% |
| 2 | Mar 14, 2024 | Mar 14, 2024 | Apr 01, 2024 | $0.305 | 1.62% |
| 3 | Dec 14, 2023 | Dec 14, 2023 | Dec 14, 2023 | $0.305 | 1.72% |
| 4 | Sep 14, 2023 | Sep 14, 2023 | Oct 02, 2023 | $0.305 | 1.88% |
| 5 | Jun 14, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.305 | 1.87% |
FAQ
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