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Daily Journal Corp. (S.C.) Stock Forecast NASDAQ:DJCO

$385.32 (-1.95%)

Volume: 5k

Closed: Nov 29, 2021

Hollow Logo Score: 3.110

Daily Journal Corp. (S.C.) Stock Forecast

$385.32 (-1.95%)

Volume: 5k

Closed: Nov 29, 2021

Score Hollow Logo 3.110
Which way will DJCO go? Request
Stop-loss: $366.99 (-4.76%)
Earnings Date: Dec 15, 2021
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 62 and the stock is currently not being overbought or oversold

Daily Journal Corp. (S.C.) stock price ended on $385.32 on Monday after losing 1.95%
(Updated on Nov 29, 2021)


Buy or Hold candidate since 2021-10-07 Gain 16.58%

The Daily Journal Corp. (S.C.) stock price fell by -1.95% on the last day (Monday, 29th Nov 2021) from $393.00 to $385.32. and has now fallen 4 days in a row. During the day the stock fluctuated 5.75% from a day low at $382.02 to a day high of $403.98. The price has been going up and down for this period, and there has been a 8.54% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -13 shares and in total, 5 thousand shares were bought and sold for approximately $1.97 million.

The stock lies in the middle of a wide and strong 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 17.4% during the next 3 months and, with a 90% probability hold a price between $419.74 and $469.36 at the end of this 3-month period.

Signals & Forecast

The Daily Journal Corp. (S.C.) stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $386.30. On a fall, the stock will find some support from the long-term average at approximately $355.86. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, November 23, 2021, and so far it has fallen -2.93%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Wednesday, October 06, 2021 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, October 06, 2021 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Daily Journal Corp. (S.C.) finds support from accumulated volume at $377.80 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 $21.96 between high and low, or 5.75%. For the last week, the stock has had a daily average volatility of 5.41%.

Our recommended stop-loss: $366.99 (-4.76%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Is Daily Journal Corp. (S.C.) stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Daily Journal Corp. (S.C.) stock to perform well in the short-term.

Current score: 3.110

Predicted Opening Price for Daily Journal Corp. (S.C.) of Tuesday, November 30, 2021

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

Fair opening price November 30, 2021 Current price
$390.44 $385.32 (Undervalued)
Buy Candidate Unchanged

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Volatility and Risk
Daily Average Volatility: 5.41 %
Overall Risk: Very High High Medium Low Very Low
Volatility
5.41 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $393.00
Price: $385.32
Support: $377.80

DJCO Insider Trading Show all Trades

INSIDER POWER

0

Last 100 transactions
Buy: 0 | Sell: 58 121 (Shares)
Date Action Amount Person Type
Dec 22, 2020 Sell 8 286 Salzman Gerald L Common
Dec 11, 2020 Sell 1 800 Salzman Gerald L Common Stock
Dec 10, 2020 Sell 854 Salzman Gerald L Common Stock
Dec 09, 2020 Sell 346 Salzman Gerald L Common Stock
Nov 12, 2020 Sell 286 Salzman Gerald L Common Stock
Show all Insider Trades
INSIDER POWER

0

Last 100 transactions
Buy: 0 | Sell: 58 121 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 412.40 7.03 %
404.01 4.85 %
398.83 3.51 %
Current price: 385.32
Support 382.05 -0.85 %
376.87 -2.19 %
368.48 -4.37 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 396.97 3.02 %
395.00 2.51 %
393.00 1.99 %
Current price 385.32
Support 377.80 -1.95%
340.00 -11.76%
328.00 -14.88%

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About Daily Journal Corp. (S.C.)

Daily Journal  (SC) Daily Journal Corporation publishes newspapers and Web sites in California, Arizona, and Utah. It operates through two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers, including Los Angeles Daily Journal, Daily Commerce, San Francisco Daily Journal, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, The Daily Transcript, Business Journal, and The Record Reporter. ... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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