Energizer Holdings Inc Stock Forecast
Green day on Monday for Energizer Holdings Inc stock after gaining 0.89%
(Updated on May 06, 2024)
The Energizer Holdings Inc stock price gained 0.89% on the last trading day (Monday, 6th May 2024), rising from $29.19 to $29.45. During the last trading day the stock fluctuated 1.41% from a day low at $29.06 to a day high of $29.47. The price has risen in 7 of the last 10 days and is up by 3.01% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 534 thousand more shares were traded than the day before. In total, 881 thousand shares were bought and sold for approximately $25.96 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.32% during the next 3 months and, with a 90% probability hold a price between $25.15 and $28.21 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ENR Signals & Forecast
Mostly positive signals in the chart today. The Energizer Holdings 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 $28.93 and $28.34. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 7.68%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Energizer Holdings Inc stock
Energizer Holdings Inc finds support from accumulated volume at $28.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.410 (1.41%) between high and low. For the last week, the stock has had daily average volatility of 2.05%.
Our recommended stop-loss: $28.09 (-4.63%) (This stock has low daily movements and this gives low risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (ENR) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Energizer Holdings Inc to open at $29.33, and during the day (based on 14 day Average True Range), to move between $28.87 and $30.03, which gives a possible trading interval of +/-$0.581 (+/-1.97%) up or down from last closing price. If Energizer Holdings Inc takes out the full calculated possible swing range there will be an estimated 3.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $30.00 (1.87%) than the support at $28.72 (2.48%), 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.
Earnings coming up
Energizer Holdings Inc will release earnings BMO on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.670. We will update the financials statements for Energizer Holdings Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 8.08% in the first trading day after earnings release.
Is Energizer Holdings Inc stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 2.558 Buy Candidate Unchanged
Predicted Opening Price for Energizer Holdings Inc of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| $29.33 ( 0.419%) | $29.45 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ENR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 29.74 | 0.97 % | |
| R2 | 29.58 | 0.442 % | ||
| R1 | 29.48 | 0.113 % | ||
| Current price: | 29.45 | |||
| Support | S1 | 29.17 | -0.95 % | |
| S2 | 29.07 | -1.28 % | ||
| S3 | 28.92 | -1.81 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.88 | 8.25 % | |
| R2 | 30.14 | 2.34 % | ||
| R1 | 30.00 | 1.87 % | ||
| Current price | 29.45 | |||
| Support | S1 | 28.72 | -2.48% | |
| S2 | 28.70 | -2.55% | ||
| S3 | 27.99 | -4.96% |
ENR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 21, 2024 | May 21, 2024 | Jun 12, 2024 | $0.300 | 1.02% |
| 2 | Jan 29, 2024 | Feb 20, 2024 | Mar 14, 2024 | $0.300 | 1.06% |
| 3 | Nov 06, 2023 | Nov 28, 2023 | Dec 14, 2023 | $0.300 | 0.93% |
| 4 | Jul 31, 2023 | Aug 22, 2023 | Sep 15, 2023 | $0.300 | 0.88% |
| 5 | Jul 31, 2023 | Aug 21, 2023 | Sep 15, 2023 | $0.300 | 0.88% |
FAQ
Click here for our free guide on how to buy Energizer Holdings Inc Stock.
