Badger Infrastructure Solutions Ltd. Stock Forecast
Badger Infrastructure Solutions Ltd. stock price up 0.214% on Wednesday
(Updated on May 22, 2024)
The Badger Infrastructure Solutions Ltd. stock price gained 0.214% on the last trading day (Wednesday, 22nd May 2024), rising from $42.06 to $42.15. During the last trading day the stock fluctuated 1.87% from a day low at $41.75 to a day high of $42.53. The price has fallen in 8 of the last 10 days and is down by -5.17% for this period. Volume fell on the last day by -2 thousand shares and in total, 35 thousand shares were bought and sold for approximately $1.48 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 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 $42.01 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.09% during the next 3 months and, with a 90% probability hold a price between $39.45 and $46.26 at the end of this 3-month period.
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BDGI.TO Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, May 21, 2024, and so far it has risen 0.214%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Badger Infrastructure Solutions Ltd. 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 $42.54 and $46.07. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Badger Infrastructure Solutions Ltd. stock
Badger Infrastructure Solutions Ltd. finds support from accumulated volume at $42.06 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.780 between high and low, or 1.87%. For the last week the stock has had daily average volatility of 2.71%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BDGI.TO) For The Upcoming Trading Day Of Thursday 23rd
For the upcoming trading day on Thursday, 23rd we expect Badger Infrastructure Solutions Ltd. to open at $42.14, and during the day (based on 14 day Average True Range), to move between $40.78 and $43.52, which gives a possible trading interval of +/-$1.37 (+/-3.24%) up or down from last closing price. If Badger Infrastructure Solutions Ltd. takes out the full calculated possible swing range there will be an estimated 6.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $42.06 (0.21%) than the resistance at $43.30 (2.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Badger Infrastructure Solutions Ltd. stock A Buy?
Badger Infrastructure Solutions Ltd. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.490 Sell Candidate Unchanged
Predicted Opening Price for Badger Infrastructure Solutions Ltd. of Thursday, May 23, 2024
| Fair opening price May 23, 2024 | Current price |
|---|---|
| $42.14 ( 0.0158%) | $42.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BDGI.TO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 42.92 | 1.83 % | |
| R2 | 42.63 | 1.13 % | ||
| R1 | 42.44 | 0.691 % | ||
| Current price: | 42.15 | |||
| Support | S1 | 41.85 | -0.723 % | |
| S2 | 41.66 | -1.16 % | ||
| S3 | 41.36 | -1.87 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 48.35 | 14.71 % | |
| R2 | 44.50 | 5.58 % | ||
| R1 | 43.30 | 2.73 % | ||
| Current price | 42.15 | |||
| Support | S1 | 42.06 | -0.214% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
BDGI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 30, 2024 | Jun 30, 2024 | Jul 15, 2024 | $0.180 | 0.427% |
| 2 | Mar 27, 2024 | Mar 27, 2024 | Mar 27, 2024 | $0 | 0% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0 | 0% |
| 4 | Jun 29, 2023 | Jun 29, 2023 | Jul 14, 2023 | $0.173 | 0.565% |
| 5 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | $0.173 | 0.542% |
FAQ
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