The Carlyle Group Inc. 4.625% Stock Forecast

Sell candidate since Dec 03, 2024 Loss -0.94%

The The Carlyle Group Inc. 4.625% stock price fell by -1.61% on the last day (Friday, 6th Dec 2024) from $19.26 to $18.95. During the last trading day the stock fluctuated 2.11% from a day low at $18.95 to a day high of $19.35. The price has fallen in 6 of the last 10 days and is down by -1.51% for this period. Volume has increased on the last day by 16 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 36 thousand shares were bought and sold for approximately $681.86 thousand.

The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $18.75 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.50% during the next 3 months and, with a 90% probability hold a price between $18.09 and $19.48 at the end of this 3-month period.

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CGABL Signals & Forecast

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 The Carlyle Group Inc. 4.625% 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 $19.26 and $19.57. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, October 02, 2024, and so far it has fallen -8.54%. Further fall is indicated until a new bottom pivot has been found. The Carlyle Group Inc. 4.625% gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The stock had a Golden Star Signal on Friday, July 26, 2024 in the long-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 The Carlyle Group Inc. 4.625% stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $0.400 between high and low, or 2.11%. For the last week the stock has had daily average volatility of 1.29%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CGABL) For The Upcoming Trading Day Of Monday 9th

For the upcoming trading day on Monday, 9th we expect The Carlyle Group Inc. 4.625% Subordinated Notes Due 2061 to open at $19.08, and during the day (based on 14 day Average True Range), to move between $18.70 and $19.20, which gives a possible trading interval of +/-$0.253 (+/-1.34%) up or down from last closing price. If The Carlyle Group Inc. 4.625% Subordinated Notes Due 2061 takes out the full calculated possible swing range there will be an estimated 2.67% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $19.54, some $0.590 (3.11%) from the current price of $18.95, our system finds the risk reward not very attractive.

Is The Carlyle Group Inc. 4.625% Subordinated Notes Due 2061 stock A Buy?

The Carlyle Group Inc. 4.625% holds several negative signals and is within a 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: -4.463 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on December 9, 2024 - $19.08 ( 0.704%).