CNH Industrial NV Stock Forecast
CNH Industrial NV stock price ended at $11.45 on Monday, after losing 0%.
(Updated on Jun 24, 2024)
No changes to the price of CNH Industrial NV stock on the last trading day (Monday, 24th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $11.45 to a day high of $11.45. The price has been going up and down for this period, and there has been a 0% change 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 -12.18% during the next 3 months and, with a 90% probability hold a price between $9.07 and $10.33 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.
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CNHI Signals & Forecast
There are mixed signals in the stock today. The CNH Industrial NV 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 $11.45 and $11.51. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Friday, May 17, 2024, and so far it has fallen 0%. 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).
A buy signal from a double bottom formation was found on Wednesday, May 01, 2024 and based on theory for this formation the price should go up by 6.38% to $12.18 within 4 trading days since signal was issued (Tuesday, May 07, 2024).
Support, Risk & Stop-loss for CNH Industrial NV stock
CNH Industrial NV finds support from accumulated volume at $11.41 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: $10.76 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 36 days ago.)
Trading Expectations (CNHI) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect CNH Industrial NV to open at $11.45, and during the day (based on 14 day Average True Range), to move between $11.39 and $11.51, which gives a possible trading interval of +/-$0.0577 (+/-0.50%) up or down from last closing price. If CNH Industrial NV takes out the full calculated possible swing range there will be an estimated 1.01% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $11.41 (0.35%) than the resistance at $11.50 (0.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is CNH Industrial NV stock A Buy?
CNH Industrial NV holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, 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 CNH Industrial NV of Tuesday, June 25, 2024
| Fair opening price June 25, 2024 | Current price |
|---|---|
| $11.45 ( 0.00000000%) | $11.45 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CNHI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.45 | 0.00000000% |
| R2 | 11.45 | 0.00000000% |
| R1 | 11.45 | 0.00000000% |
| Price | 11.45 | |
| S1 | 11.45 | 0.00000000% |
| S2 | 11.45 | 0.00000000% |
| S3 | 11.45 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.96 | 13.19% |
| R2 | 11.58 | 1.14% |
| R1 | 11.50 | 0.437% |
| Price | 11.45 | |
| S1 | 11.41 | -0.349% |
| S2 | 11.40 | -0.437% |
| S3 | 11.38 | -0.611% |
CNHI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 19, 2024 | May 10, 2024 | May 29, 2024 | $0.470 | 4.47% |
| 2 | May 11, 2023 | Apr 24, 2023 | May 03, 2023 | $0.396 | 2.83% |
| 3 | Mar 09, 2022 | Apr 19, 2022 | May 04, 2022 | $0.302 | 2.02% |
| 4 | Mar 08, 2021 | Apr 19, 2021 | May 05, 2021 | $0.132 | 0.97% |
| 5 | Feb 08, 2019 | Apr 23, 2019 | May 02, 2019 | $0.203 | 2.19% |
FAQ
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