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Euronet Worldwide Stock Forecast NASDAQ:EEFT

$107.27 (-6.15%)

Volume: 459k

Closed: Nov 26, 2021

Hollow Logo Score: -2.105

Euronet Worldwide Stock Forecast

$107.27 (-6.15%)

Volume: 459k

Closed: Nov 26, 2021

Score Hollow Logo -2.105
Which way will EEFT go? Request
Key Stats
P/E Ratio 39.35
Beta 1.37
* 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 27 and the stock is currently not being overbought or oversold

Is Euronet Worldwide stock still a buy after falling -6.15% on Friday ?
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-24 Loss -6.15%

The Euronet Worldwide stock price fell by -6.15% on the last day (Friday, 26th Nov 2021) from $114.30 to $107.27. During the day the stock fluctuated 5.48% from a day low at $105.40 to a day high of $111.18. The price has fallen in 7 of the last 10 days and is down by -9.6% for this period. Volume has increased on the last day by 14 thousand 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, 459 thousand shares were bought and sold for approximately $49.26 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $106.58 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -15.48% during the next 3 months and, with a 90% probability hold a price between $90.08 and $105.87 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

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. The Euronet Worldwide 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 $110.92 and $119.75. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, November 10, 2021, and so far it has fallen -10.43%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $5.78 between high and low, or 5.48%. For the last week, the stock has had a daily average volatility of 3.81%.

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

Is Euronet Worldwide stock A Buy?

Euronet Worldwide holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.105

Predicted Opening Price for Euronet Worldwide 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
$107.95 $107.27 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

On Oct 22, 2021 "Truist" gave "$225.00 - $185.00" rating for EEFT. The price target was changed from $123.49 to 6.5%.

Volatility and Risk
Daily Average Volatility: 3.81 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.81 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $111.04
Price: $107.27
No Support Found

EEFT Insider Trading Show all Trades

INSIDER POWER

2.910

Last 100 transactions
Buy: 1 750 299 | Sell: 601 508 (Shares)
Date Action Amount Person Type
Nov 15, 2021 Sell 73 139 Weller Rick Employee Stock Option (right to buy)
Nov 15, 2021 Buy 73 139 Weller Rick Common Stock, par value $0.02 per share
Nov 05, 2021 Buy 3 261 Fountas Nikos Common Stock, par value $0.02 per share
Nov 05, 2021 Buy 4 077 Weller Rick Common Stock, par value $0.02 per share
Nov 05, 2021 Sell 1 128 Bianchi Juan Common Stock, par value $0.02 per share
Show all Insider Trades
INSIDER POWER

2.910

Last 100 transactions
Buy: 1 750 299 | Sell: 601 508 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 113.73 6.02 %
111.52 3.96 %
110.16 2.69 %
Current price: 107.27
Support 105.74 -1.42 %
104.38 -2.70 %
102.17 -4.75 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 123.49 15.12 %
118.75 10.70 %
111.04 3.51 %
Current price 107.27
Support 0 .
0 .
0 .

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About Euronet Worldwide

Euronet Worldwide Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer. The EFT Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ... Read more

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