Cogna Educação S.A. Stock Forecast
Cogna Educação S.A. stock upgraded to Sell Candidate.
(Updated on Jun 28, 2024)
The Cogna Educação S.A. stock price gained 3.97% on the last trading day (Friday, 28th Jun 2024), rising from $0.350 to $0.364. During the last trading day the stock fluctuated 5.46% from a day low at $0.350 to a day high of $0.369. The price has been going up and down for this period, and there has been a -1.65% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 18 thousand shares were bought and sold for approximately $6.37 thousand.
The stock lies in the middle of a very 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 -16.10% during the next 3 months and, with a 90% probability hold a price between $0.272 and $0.435 at the end of this 3-month period.
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COGNY Signals & Forecast
There are mixed signals in the stock today. The Cogna Educação S.A. 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 $0.365 and $0.415. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 3.97%. 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). Cogna Educação S.A. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Cogna Educação S.A. stock
Cogna Educação S.A. finds support from accumulated volume at $0.361 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0191 between high and low, or 5.46%. For the last week, the stock has had daily average volatility of 2.25%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (COGNY) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Cogna Educação S.A. to open at $0.361, and during the day (based on 14 day Average True Range), to move between $0.346 and $0.381, which gives a possible trading interval of +/-$0.0174 (+/-4.79%) up or down from last closing price. If Cogna Educação S.A. takes out the full calculated possible swing range there will be an estimated 9.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.361 (0.69%) than the resistance at $0.420 (15.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Cogna Educação S.A. stock A Buy?
Cogna Educação S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -2.865 Sell Candidate Upgraded
Predicted Opening Price for Cogna Educação S.A. of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
$0.361 ( 0.797%) | $0.364 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for COGNY
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.380 | 4.45% |
R2 | 0.373 | 2.45% |
R1 | 0.368 | 1.21% |
Price | 0.364 | |
S1 | 0.354 | -2.80% |
S2 | 0.349 | -4.04% |
S3 | 0.342 | -6.05% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.430 | 18.16% |
R2 | 0.422 | 15.97% |
R1 | 0.420 | 15.42% |
Price | 0.364 | |
S1 | 0.361 | -0.687% |
S2 | 0.360 | -1.07% |
S3 | 0.350 | -3.82% |
COGNY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 29, 2019 | Nov 29, 2019 | Dec 10, 2019 | $0.0010 | 0.0364% |
2 | Aug 23, 2019 | Aug 23, 2019 | Aug 23, 2019 | $0.0080 | 0.325% |
3 | May 24, 2019 | May 24, 2019 | May 24, 2019 | $0.0140 | 0.600% |
4 | Apr 05, 2019 | Apr 05, 2019 | Apr 05, 2019 | $0.0070 | 0.266% |
5 | Nov 19, 2018 | Nov 19, 2018 | Nov 19, 2018 | $0.0220 | 0.800% |
FAQ
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