Cognition Holdings Limited Stock Forecast
Cognition Holdings Limited stock price down 0% on Thursday
(Updated on May 02, 2024)
No changes to the price of Cognition Holdings Limited stock on the last trading day (Thursday, 2nd May 2024). During the last trading day the stock fluctuated 0% from a day low at $100.00 to a day high of $100.00. The price has been going up and down for this period, and there has been a -0.99% loss for the last 2 weeks.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.99% during the next 3 months and, with a 90% probability hold a price between $91.74 and $102.22 at the end of this 3-month period.
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CGN.JO Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, March 28, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Cognition Holdings Limited 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 $100.43 and $100.80. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Cognition Holdings Limited stock
Cognition Holdings Limited finds support from accumulated volume at $99.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: $94.00 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 22 days ago.)
Trading Expectations (CGN.JO) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Cognition Holdings Limited to open at $100.00, and during the day (based on 14 day Average True Range), to move between $99.05 and $100.95, which gives a possible trading interval of +/-$0.95 (+/-0.95%) up or down from last closing price. If Cognition Holdings Limited takes out the full calculated possible swing range there will be an estimated 1.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $101.00 (1.00%) than the support at $99.00 (1.00%), 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 Cognition Holdings Limited stock A Buy?
Cognition Holdings Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Cognition Holdings Limited of Friday, May 3, 2024
Fair opening price May 3, 2024 | Current price |
---|---|
$100.00 ( 0%) | $100.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CGN.JO
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 100.00 | . | |
R2 | 100.00 | . | ||
R1 | 100.00 | . | ||
Current price: | 100.00 | |||
Support | S1 | 100.00 | . | |
S2 | 100.00 | . | ||
S3 | 100.00 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 110.00 | 10.00 % | |
R2 | 107.00 | 7.00 % | ||
R1 | 101.00 | 1.00 % | ||
Current price | 100.00 | |||
Support | S1 | 99.00 | -1.00% | |
S2 | 0 | . | ||
S3 | 0 | . |
CGN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Oct 30, 2019 | Oct 30, 2019 | Oct 30, 2019 | $10.00 | 12.50% |
2 | Oct 17, 2018 | Oct 17, 2018 | Oct 17, 2018 | $6.00 | 5.22% |
3 | Apr 04, 2018 | Apr 04, 2018 | Apr 04, 2018 | $4.00 | 4.04% |
4 | Oct 18, 2017 | Oct 18, 2017 | Oct 18, 2017 | $8.50 | 5.67% |
5 | Oct 19, 2016 | Oct 19, 2016 | Oct 19, 2016 | $8.00 | 5.80% |
FAQ
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