FANUC CORP UNSP ADR Stock Forecast
FANUC CORP UNSP ADR stock price ended at $14.32 on Thursday, after gaining 2.03%.
(Updated on Apr 25, 2024)
The FANUC CORP UNSP ADR stock price gained 2.03% on the last trading day (Thursday, 25th Apr 2024), rising from $14.04 to $14.32. During the last trading day the stock fluctuated 1.92% from a day low at $14.07 to a day high of $14.34. The price has fallen in 7 of the last 10 days and is down by -0.49% for this period. Volume fell on the last day by -31 thousand shares and in total, 193 thousand shares were bought and sold for approximately $2.76 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 middle of a wide and weak 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 2.56% during the next 3 months and, with a 90% probability hold a price between $13.71 and $15.89 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
FANUY Signals & Forecast
The FANUC CORP UNSP ADR stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $14.11 and $14.26. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 02, 2024, and so far it has risen 4.91%. 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 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. Despite all the positive signals in the chart we there to be so much uncertainty and risk that we cannot upgrade this stock's score yet.
Support, Risk & Stop-loss for FANUC CORP UNSP ADR stock
FANUC CORP UNSP ADR finds support from accumulated volume at $14.15 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 $0.270 between high and low, or 1.92%. For the last week the stock has had daily average volatility of 2.31%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FANUY) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect FANUC CORP UNSP ADR to open at $14.24, and during the day (based on 14 day Average True Range), to move between $13.94 and $14.70, which gives a possible trading interval of +/-$0.380 (+/-2.66%) up or down from last closing price. If FANUC CORP UNSP ADR takes out the full calculated possible swing range there will be an estimated 5.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $14.15 (1.19%) than the resistance at $14.50 (1.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is FANUC CORP UNSP ADR stock A Buy?
FANUC CORP UNSP ADR holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.035 Sell Candidate Unchanged
Predicted Opening Price for FANUC CORP UNSP ADR of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $14.24 ( 0.535%) | $14.32 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FANUY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14.51 | 1.35 % | |
| R2 | 14.41 | 0.630 % | ||
| R1 | 14.35 | 0.185 % | ||
| Current price: | 14.32 | |||
| Support | S1 | 14.14 | -1.26 % | |
| S2 | 14.08 | -1.70 % | ||
| S3 | 13.97 | -2.42 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.30 | 6.84 % | |
| R2 | 14.57 | 1.75 % | ||
| R1 | 14.50 | 1.26 % | ||
| Current price | 14.32 | |||
| Support | S1 | 14.15 | -1.19% | |
| S2 | 13.97 | -2.44% | ||
| S3 | 13.22 | -7.68% |
FANUY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 28, 2023 | Sep 28, 2023 | Dec 15, 2023 | $0.0922 | 0.646% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Jul 17, 2023 | $0.133 | 0.785% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Dec 16, 2022 | $0.137 | 0.92% |
| 4 | Sep 28, 2021 | Sep 28, 2021 | Sep 28, 2021 | $0.218 | 0.98% |
| 5 | Mar 29, 2021 | Mar 29, 2021 | Mar 29, 2021 | $0.186 | 0.765% |
FAQ
Click here for our free guide on how to buy FANUC CORP UNSP ADR Stock.
