Diebold Inc Stock Forecast
Diebold Inc stock price down 0.84% on Wednesday
(Updated on Apr 17, 2024)
The Diebold Inc stock price fell by -0.84% on the last day (Wednesday, 17th Apr 2024) from $33.18 to $32.90. During the last trading day the stock fluctuated 1.83% from a day low at $32.74 to a day high of $33.34. The price has risen in 6 of the last 10 days but is still down by -0.57% for this period. Volume has increased on the last day by 784 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, 78 thousand shares were bought and sold for approximately $2.56 million.
Given the current short-term trend, the stock is expected to rise 11.17% during the next 3 months and, with a 90% probability hold a price between $36.57 and $40.82 at the end of this 3-month period.
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DBD Signals & Forecast
There are few to no technical positive signals at the moment. The Diebold Inc 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 $33.36 and $33.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -7.56%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Diebold Inc stock
Diebold Inc finds support from accumulated volume at $32.89 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.600 (1.83%) between high and low. For the last week, the stock has had daily average volatility of 2.62%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DBD) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect Diebold Inc to open at $32.99, and during the day (based on 14 day Average True Range), to move between $32.00 and $33.80, which gives a possible trading interval of +/-$0.90 (+/-2.75%) up or down from last closing price. If Diebold Inc takes out the full calculated possible swing range there will be an estimated 5.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $32.89 (0.03%) than the resistance at $32.98 (0.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Diebold Inc stock A Buy?
The Diebold Inc stock holds several negative signals and despite the positive trend, we believe Diebold Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.252 Sell Candidate Unchanged
Predicted Opening Price for Diebold Inc of Thursday, April 18, 2024
| Fair opening price April 18, 2024 | Current price |
|---|---|
| $32.99 ( 0.284%) | $32.90 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DBD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 33.59 | 2.11 % | |
| R2 | 33.36 | 1.41 % | ||
| R1 | 33.22 | 0.98 % | ||
| Current price: | 32.90 | |||
| Support | S1 | 32.76 | -0.413 % | |
| S2 | 32.62 | -0.84 % | ||
| S3 | 32.39 | -1.54 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 35.59 | 8.18 % | |
| R2 | 33.56 | 2.01 % | ||
| R1 | 32.98 | 0.243 % | ||
| Current price | 32.90 | |||
| Support | S1 | 32.89 | -0.0304% | |
| S2 | 32.57 | -1.00% | ||
| S3 | 29.75 | -9.57% |
DBD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 01, 2018 | Feb 23, 2018 | Mar 16, 2018 | $0.100 | 0% |
| 2 | Oct 18, 2017 | Nov 16, 2017 | Dec 08, 2017 | $0.100 | 0% |
| 3 | Jul 13, 2017 | Aug 23, 2017 | Sep 15, 2017 | $0.100 | 0% |
| 4 | Apr 26, 2017 | May 17, 2017 | Jun 09, 2017 | $0.100 | 0% |
| 5 | Feb 08, 2017 | Feb 23, 2017 | Mar 17, 2017 | $0.100 | 0% |
FAQ
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