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RSI low/high Values: [ 25 - 75 ]
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AI Analysis of DECK
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Green day on Wednesday for Deckers Outdoor Corp
(Updated on Apr 17, 2024)

Sell candidate since Apr 10, 2024 Gain 1.12% PDF

The Deckers Outdoor Corp stock price gained 0.652% on the last trading day (Wednesday, 17th Apr 2024), rising from $813.89 to $819.20. During the last trading day the stock fluctuated 1.38% from a day low at $816.43 to a day high of $827.68. The price has been going up and down for this period, and there has been a -9.05% loss for the last 2 weeks. Volume fell on the last day by -33 thousand shares and in total, 266 thousand shares were bought and sold for approximately $218.18 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 has broken the wide and strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $819.46. A reaction back to this level may hold a second chance to get out before further falls.

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DECK Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, April 10, 2024, and so far it has risen 1.12%. Further rise is indicated until a new top pivot has been found. 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 Deckers Outdoor Corp 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 $822.96 and $895.38. 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).

Support, Risk & Stop-loss for Deckers Outdoor Corp stock

Deckers Outdoor Corp finds support from accumulated volume at $810.13 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 $11.26 between high and low, or 1.38%. For the last week, the stock has had daily average volatility of 1.84%.

Deckers Outdoor Corp is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DECK) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect Deckers Outdoor Corp to open at $821.10, and during the day (based on 14 day Average True Range), to move between $794.52 and $843.88, which gives a possible trading interval of +/-$24.68 (+/-3.01%) up or down from last closing price. If Deckers Outdoor Corp takes out the full calculated possible swing range there will be an estimated 6.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $810.13 (1.11%) than the resistance at $882.06 (7.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Deckers Outdoor Corp stock A Buy?

The Deckers Outdoor Corp stock holds several negative signals and despite the positive trend, we believe Deckers Outdoor Corp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.435 Sell Candidate Unchanged

Predicted Opening Price for Deckers Outdoor Corp of Thursday, April 18, 2024

Fair opening price April 18, 2024 Current price
$821.10 ( 0.232%) $819.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DECK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 832.36 1.61 %
R2 828.06 1.08 %
R1 825.40 0.757 %
Current price: 819.20
Support S1 816.80 -0.293 %
S2 814.15 -0.617 %
S3 809.85 -1.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 926.58 13.11 %
R2 908.86 10.94 %
R1 882.06 7.67 %
Current price 819.20
Support S1 810.13 -1.11%
S2 772.85 -5.66%
S3 753.73 -7.99%

FAQ

What is the symbol for Deckers Outdoor Corp Stock and on which exchange is it traded?
The symbol for Deckers Outdoor Corp is DECK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Deckers Outdoor Corp Stock?
The Deckers Outdoor Corp stock holds several negative signals and despite the positive trend, we believe Deckers Outdoor Corp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Deckers Outdoor Corp Stock?
Deckers Outdoor Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Deckers Outdoor Corp Stock.

What's the current price of Deckers Outdoor Corp Stock?
As of the end of day on the 2024-04-17, the price of an Deckers Outdoor Corp (DECK) share was $819.20.

What is the 52-week high and low for Deckers Outdoor Corp Stock?
The 52-week high for Deckers Outdoor Corp Stock is $956.17 and the 52-week low is $425.81.

What is the market capitalization of Deckers Outdoor Corp Stock?
As of the 2024-04-17, the market capitalization of Deckers Outdoor Corp is 21.027B.

When is the next earnings date for Deckers Outdoor Corp?
The upcoming earnings date for Deckers Outdoor Corp is May 23, 2024.
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About Deckers Outdoor Corp

Deckers Outdoor Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. The company offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and relaxed casual shoes and sandals under the Sanuk brand name. It also provides footwear and apparel for ultra-runners ... DECK Profile

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