Frequency Electronics Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Green day on Tuesday for Frequency Electronics
(Updated on Nov 05, 2024)
Buy or Hold candidate since Nov 01, 2024
Gain 0.79%
The Frequency Electronics stock price gained 1.19% on the last trading day (Tuesday, 5th Nov 2024), rising from $12.62 to $12.77. During the last trading day the stock fluctuated 2.53% from a day low at $12.65 to a day high of $12.97. The price has risen in 6 of the last 10 days and is up by 1.75% over the past 2 weeks. Volume fell on the last day by -15 thousand shares and in total, 9 thousand shares were bought and sold for approximately $118.47 thousand. 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 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 -4.95% during the next 3 months and, with a 90% probability hold a price between $10.61 and $13.01 at the end of this 3-month period.
FEIM Signals & Forecast
The Frequency Electronics 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 $12.65 and $12.38. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, October 07, 2024, and so far it has risen 7.76%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Frequency Electronics stock
Frequency Electronics finds support from accumulated volume at $12.61 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.320 between high and low, or 2.53%. For the last week the stock has had daily average volatility of 2.44%
Our recommended stop-loss: $12.08 (-5.40%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (FEIM) For The Upcoming Trading Day Of Wednesday 6th
For the upcoming trading day on Wednesday, 6th we expect Frequency Electronics to open at $12.80, and during the day (based on 14 day Average True Range), to move between $12.38 and $13.16, which gives a possible trading interval of +/-$0.389 (+/-3.04%) up or down from last closing price. If Frequency Electronics takes out the full calculated possible swing range there will be an estimated 6.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $12.61 (1.25%) than the resistance at $13.02 (1.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Frequency Electronics stock A Buy?
Frequency Electronics 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.
Current score: 0.140 Hold/Accumulate Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on November 6, 2024 - $12.80 ( 0.209%).Trading levels for FEIM
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 13.12 | 2.71% |
R2 | 12.99 | 1.76% |
R1 | 12.92 | 1.17% |
Price | 12.77 | |
S1 | 12.67 | -0.748% |
S2 | 12.60 | -1.34% |
S3 | 12.48 | -2.30% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 14.06 | 10.10% |
R2 | 13.73 | 7.52% |
R1 | 13.02 | 1.96% |
Price | 12.77 | |
S1 | 12.61 | -1.25% |
S2 | 12.54 | -1.80% |
S3 | 12.53 | -1.88% |
FEIM Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 08, 2024 | Aug 08, 2024 | Aug 29, 2024 | $1.00 | 7.19% |
2 | Dec 20, 2022 | Jan 05, 2023 | Jan 27, 2023 | $1.00 | 16.34% |
3 | Dec 12, 2012 | Dec 20, 2012 | Dec 31, 2012 | $0.200 | 2.43% |
4 | Sep 27, 2007 | Oct 29, 2007 | Dec 01, 2007 | $0.100 | 1.04% |
5 | Apr 27, 2007 | May 25, 2007 | Jun 01, 2007 | $0.100 | 0.95% |
FAQ
Click here for our free guide on how to buy Frequency Electronics Stock.