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Weaker Hold
Today DNUT ranks #1498 as hold candidate. Get a Free Stock at Robinhood
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Krispy Kreme, Inc. Stock Forecast NASDAQ:DNUT

$15.44 (-0.58%)

Volume: 801k

Closed: Nov 26, 2021

Hollow Logo Score: 0.638

Krispy Kreme, Inc. Stock Forecast

$15.44 (-0.58%)

Volume: 801k

Closed: Nov 26, 2021

Score Hollow Logo 0.638
Which way will DNUT go? Request

DNUT Stock Risk

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 $0.98 between high and low, or 6.65%. For the last week, the stock has had a daily average volatility of 6.60%.

Our recommended stop-loss: $14.82 (-4.02%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

* 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 - 70 ] RSI14 is 60 and the stock is currently not being overbought or oversold

Evaluation of Krispy Kreme, Inc. stock downgraded after the last trading session.
(Updated on Nov 26, 2021)


Buy or Hold candidate since 2021-11-24 Loss -0.58%

The Krispy Kreme, Inc. stock price fell by -0.58% on the last day (Friday, 26th Nov 2021) from $15.53 to $15.44. During the day the stock fluctuated 6.65% from a day low at $14.73 to a day high of $15.71. The price has risen in 7 of the last 10 days and is up by 7.97% over the past 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 -1 million shares and in total, 801 thousand shares were bought and sold for approximately $12.37 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $15.49 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -12.97% during the next 3 months and, with a 90% probability hold a price between $10.49 and $13.48 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast

The Krispy Kreme, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $14.51 and $13.87. A breakdown below any of these levels will issue sell signals. 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 Wednesday, November 24, 2021, and so far it has fallen -0.58%. 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.

Support, Risk & Stop-loss

Krispy Kreme, Inc. finds support from accumulated volume at $15.21 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 $0.98 between high and low, or 6.65%. For the last week, the stock has had a daily average volatility of 6.60%.

Our recommended stop-loss: $14.82 (-4.02%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 days ago.)

Is Krispy Kreme, Inc. stock A Buy?

Krispy Kreme, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.638

Predicted Opening Price for Krispy Kreme, Inc. of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$15.29 $15.44 (Overvalued)
Hold/Accumulate Downgraded

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Analyst Ratings

On Nov 08, 2021 "Truist Securities" gave "$21.00 - $15.00" rating for DNUT. The price target was changed from $13.94 to 1.1%.

Volatility and Risk
Daily Average Volatility: 6.60 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.60 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $15.53
Price: $15.44
Support: $15.21

DNUT Insider Trading Show all Trades

INSIDER POWER

0.0937

Last 55 transactions
Buy: 11 953 847 | Sell: 127 527 911 (Shares)
Date Action Amount Person Type
Nov 23, 2021 Buy 263 900 Jab Indulgence B.v. Common Stock, par value $0.01 per share
Nov 22, 2021 Buy 263 900 Jab Indulgence B.v. Common Stock, par value $0.01 per share
Nov 19, 2021 Buy 223 988 Jab Indulgence B.v. Common Stock, par value $0.01 per share
Nov 18, 2021 Buy 31 945 Jab Indulgence B.v. Common Stock, par value $0.01 per share
Nov 18, 2021 Buy 209 755 Jab Indulgence B.v. Common Stock, par value $0.01 per share
Show all Insider Trades
INSIDER POWER

0.0937

Last 55 transactions
Buy: 11 953 847 | Sell: 127 527 911 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 16.27 5.40 %
15.90 2.97 %
15.67 1.47 %
Current price: 15.44
Support 14.92 -3.37 %
14.69 -4.87 %
14.31 -7.30 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 16.38 6.09 %
16.12 4.40 %
15.53 0.58 %
Current price 15.44
Support 15.21 -1.49%
14.98 -2.98%
14.15 -8.35%

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