RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AVO
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Green day on Thursday for Mission Produce Inc.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 14.91% PDF

The Mission Produce Inc. stock price gained 1.19% on the last trading day (Thursday, 28th Mar 2024), rising from $11.73 to $11.87. During the last trading day the stock fluctuated 2.12% from a day low at $11.78 to a day high of $12.03. The price has been going up and down for this period, and there has been a 0.42% gain for the last 2 weeks. Volume fell on the last day by -23 thousand shares and in total, 219 thousand shares were bought and sold for approximately $2.60 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 19.60% during the next 3 months and, with a 90% probability hold a price between $13.31 and $14.79 at the end of this 3-month period.

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AVO Signals & Forecast

The Mission Produce Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $11.78 and $11.08. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 15, 2024, and so far it has fallen -1.66%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Mission Produce Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $10.70 and $10.21. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Mission Produce Inc. finds support just below today's level at $10.70. If this is broken, then the next support from accumulated volume will be at $10.21 and $10.09.

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 $0.250 between high and low, or 2.12%. For the last week, the stock has had daily average volatility of 2.92%.

Our recommended stop-loss: $11.45 (-3.56%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (AVO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Mission Produce Inc. to open at $11.89, and during the day (based on 14 day Average True Range), to move between $11.53 and $12.21, which gives a possible trading interval of +/-$0.338 (+/-2.85%) up or down from last closing price. If Mission Produce Inc. takes out the full calculated possible swing range there will be an estimated 5.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.96 (0.76%) than the support at $10.70 (9.86%), 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 Mission Produce Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Mission Produce Inc. stock to perform well in the short-term.

Current score: 3.632 Buy Candidate Unchanged

Predicted Opening Price for Mission Produce Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.89 ( 0.197%) $11.87

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

Trading levels for AVO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.14 2.30 %
R2 12.05 1.50 %
R1 11.99 1.00 %
Current price: 11.87
Support S1 11.80 -0.608 %
S2 11.74 -1.11 %
S3 11.64 -1.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.07 1.68 %
R2 12.00 1.10 %
R1 11.96 0.758 %
Current price 11.87
Support S1 10.70 -9.86%
S2 10.21 -13.98%
S3 10.09 -15.00%

FAQ

What is the symbol for Mission Produce Inc. Stock and on which exchange is it traded?
The symbol for Mission Produce Inc. is AVO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Mission Produce Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Mission Produce Inc. stock to perform well in the short-term.

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

What's the current price of Mission Produce Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Mission Produce Inc. (AVO) share was $11.87.

What is the 52-week high and low for Mission Produce Inc. Stock?
The 52-week high for Mission Produce Inc. Stock is $13.99 and the 52-week low is $8.19.

What is the market capitalization of Mission Produce Inc. Stock?
As of the 2024-03-28, the market capitalization of Mission Produce Inc. is 840.953M.

When is the next earnings date for Mission Produce Inc.?
The upcoming earnings date for Mission Produce Inc. is Jun 13, 2024.
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About Mission Produce Inc.

Mission Produce. Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It also provides value-added services, including ripening, bagging, custom packing, and logistical management. The company serves retail, wholesale, and foodservice customers. The company was founded in 1983 and is head... AVO Profile

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