RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DOOR
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Masonite International Corporation stock price up 0.191% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 17, 2024 Gain 44.56% PDF

The Masonite International Corporation stock price gained 0.191% on the last trading day (Thursday, 28th Mar 2024), rising from $131.20 to $131.45. During the last trading day the stock fluctuated 0.167% from a day low at $131.35 to a day high of $131.57. The price has fallen in 5 of the last 10 days but is still up by 0.34% over the past 2 weeks. Volume fell on the last day by -231 thousand shares and in total, 213 thousand shares were bought and sold for approximately $28.00 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 lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $129.13 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 70.13% during the next 3 months and, with a 90% probability hold a price between $219.69 and $256.81 at the end of this 3-month period.

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DOOR Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -0.106%. 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). The Masonite International Corporation 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 $131.42 and $129.57. A breakdown below any of these levels will issue sell signals. 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.

Support, Risk & Stop-loss for Masonite International Corporation stock

Masonite International Corporation finds support from accumulated volume at $130.51 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.220 between high and low, or 0.167%. For the last week the stock has had daily average volatility of 0.291%.

Our recommended stop-loss: $127.33 (-3.13%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (DOOR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Masonite International Corporation to open at $131.46, and during the day (based on 14 day Average True Range), to move between $130.64 and $132.26, which gives a possible trading interval of +/-$0.81 (+/-0.62%) up or down from last closing price. If Masonite International Corporation takes out the full calculated possible swing range there will be an estimated 1.23% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $131.50 (0.04%) than the support at $130.51 (0.72%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Masonite International Corporation 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 Masonite International Corporation stock to perform well in the short-term.

Current score: 2.728 Buy Candidate Unchanged

Predicted Opening Price for Masonite International Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$131.46 ( 0.0051%) $131.45

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

Trading levels for DOOR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 131.68 0.172 %
R2 131.59 0.109 %
R1 131.54 0.0690 %
Current price: 131.45
Support S1 131.37 -0.0589 %
S2 131.32 -0.0984 %
S3 131.24 -0.162 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 131.59 0.107 %
R1 131.50 0.0380 %
Current price 131.45
Support S1 130.51 -0.715%
S2 130.00 -1.10%
S3 129.76 -1.29%

FAQ

What is the symbol for Masonite International Corporation Stock and on which exchange is it traded?
The symbol for Masonite International Corporation is DOOR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Masonite International Corporation Stock?
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 Masonite International Corporation stock to perform well in the short-term.

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

What's the current price of Masonite International Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Masonite International Corporation (DOOR) share was $131.45.

What is the 52-week high and low for Masonite International Corporation Stock?
The 52-week high for Masonite International Corporation Stock is $131.93 and the 52-week low is $76.92.

What is the market capitalization of Masonite International Corporation Stock?
As of the 2024-03-28, the market capitalization of Masonite International Corporation is 2.889B.

When is the next earnings date for Masonite International Corporation?
The upcoming earnings date for Masonite International Corporation is May 13, 2024.
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About Masonite International Corporation

Masonite International Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers molded panel, flush, stile and rail, steel, and fiberglass residential doors, as well as medium-density fiberboard (MDF) and architectural interior doors. The company also provi... DOOR Profile

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