AudioCodes Ltd. Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
AI Analysis of AUDC
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AudioCodes Ltd. stock price ended at $9.55 on Monday, after losing 0%
(Updated on Oct 14, 2024)
Sell candidate since Oct 11, 2024
No changes to the price of AudioCodes Ltd. stock on the last trading day (Monday, 14th Oct 2024). During the last trading day the stock fluctuated 1.47% from a day low at $9.54 to a day high of $9.68. The price has fallen in 5 of the last 10 days and is down by -1.85% for this period.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $9.84 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -16.89% during the next 3 months and, with a 90% probability hold a price between $6.88 and $8.18 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.
AUDC Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, September 23, 2024, and so far it has risen 9.14%. 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 gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The AudioCodes 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 $9.72. On a fall, the stock will find some support from the short-term average at $9.41. 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 AudioCodes Ltd. stock
AudioCodes Ltd. finds support from accumulated volume at $9.50 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 $0.140 between high and low, or 1.47%. For the last week, the stock has had daily average volatility of 2.46%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AUDC) For The Upcoming Trading Day Of Tuesday 15th
For the upcoming trading day on Tuesday, 15th we expect AudioCodes Ltd. to open at $9.59, and during the day (based on 14 day Average True Range), to move between $9.29 and $9.81, which gives a possible trading interval of +/-$0.265 (+/-2.77%) up or down from last closing price. If AudioCodes Ltd. takes out the full calculated possible swing range there will be an estimated 5.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $9.50 (0.52%) than the resistance at $9.63 (0.84%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is AudioCodes Ltd. stock A Buy?
AudioCodes 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:
-2.080
Sell Candidate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on October 15, 2024 - $9.59 ( 0.419%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for AUDC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.73 | 1.88% |
| R2 | 9.68 | 1.32% |
| R1 | 9.64 | 0.98% |
| Price | 9.55 | |
| S1 | 9.54 | -0.141% |
| S2 | 9.50 | -0.487% |
| S3 | 9.45 | -1.05% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.16 | 16.86% |
| R2 | 10.77 | 12.77% |
| R1 | 9.63 | 0.84% |
| Price | 9.55 | |
| S1 | 9.50 | -0.524% |
| S2 | 9.34 | -2.20% |
| S3 | 9.23 | -3.35% |
AUDC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 30, 2024 | Aug 15, 2024 | Aug 29, 2024 | $0.180 | 1.67% |
| 2 | Feb 06, 2024 | Feb 20, 2024 | Mar 06, 2024 | $0.180 | 1.32% |
| 3 | Feb 16, 2024 | Feb 16, 2024 | Mar 06, 2024 | $0.180 | 1.32% |
| 4 | Aug 01, 2023 | Aug 17, 2023 | Aug 31, 2023 | $0.180 | 1.74% |
| 5 | Aug 01, 2023 | Aug 16, 2023 | Aug 31, 2023 | $0.180 | 1.74% |
FAQ
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