Cury Construtora e Incorporadora S.A. Stock Forecast
Cury Construtora e Incorporadora S.A. stock price up 1.85% on Friday
(Updated on May 10, 2024)
The Cury Construtora e Incorporadora S.A. stock price gained 1.85% on the last trading day (Friday, 10th May 2024), rising from R$18.97 to R$19.32. During the last trading day the stock fluctuated 3.93% from a day low at R$18.82 to a day high of R$19.56. The price has risen in 5 of the last 10 days but is still down by -3.11% for this period. Volume fell on the last day by -658 thousand shares and in total, 2 million shares were bought and sold for approximately R$44.73 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 middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.59% during the next 3 months and, with a 90% probability hold a price between R$19.08 and R$22.17 at the end of this 3-month period.
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CURY3.SA Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Cury Construtora e Incorporadora S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at R$19.93 and R$19.77. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen -6.26%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Cury Construtora e Incorporadora S.A. stock
Cury Construtora e Incorporadora S.A. finds support from accumulated volume at R$19.15 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved R$0.740 between high and low, or 3.93%. For the last week, the stock has had daily average volatility of 3.84%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CURY3.SA) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Cury Construtora e Incorporadora S.A. to open at R$19.23, and during the day (based on 14 day Average True Range), to move between R$18.60 and R$20.04, which gives a possible trading interval of +/-R$0.716 (+/-3.71%) up or down from last closing price. If Cury Construtora e Incorporadora S.A. takes out the full calculated possible swing range there will be an estimated 7.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at R$19.15 (0.88%) than the resistance at R$20.26 (4.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Cury Construtora e Incorporadora S.A. stock A Buy?
The Cury Construtora e Incorporadora S.A. stock holds several negative signals and despite the positive trend, we believe Cury Construtora e Incorporadora S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.028 Sell Candidate Unchanged
Predicted Opening Price for Cury Construtora e Incorporadora S.A. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| R$19.23 ( 0.449%) | R$19.32 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CURY3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.97 | 3.38 % | |
| R2 | 19.69 | 1.92 % | ||
| R1 | 19.52 | 1.01 % | ||
| Current price: | 19.32 | |||
| Support | S1 | 18.95 | -1.91 % | |
| S2 | 18.78 | -2.82 % | ||
| S3 | 18.49 | -4.28 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20.65 | 6.88 % | |
| R2 | 20.47 | 5.95 % | ||
| R1 | 20.26 | 4.87 % | ||
| Current price | 19.32 | |||
| Support | S1 | 19.15 | -0.88% | |
| S2 | 18.28 | -5.38% | ||
| S3 | 18.19 | -5.85% |
CURY3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | Dec 01, 2024 | R$0.91 | 4.73% |
| 2 | May 02, 2024 | May 02, 2024 | May 02, 2024 | R$0 | 0% |
| 3 | Dec 05, 2023 | Dec 05, 2023 | Dec 05, 2023 | R$0 | 0% |
| 4 | Sep 25, 2023 | Sep 25, 2023 | Sep 25, 2023 | R$0.517 | 3.74% |
| 5 | May 02, 2023 | May 02, 2023 | May 02, 2023 | R$0.0633 | 0.610% |
FAQ
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