North American Financial 15 Split Corp Stock Forecast
Green day on Tuesday for North American Financial 15 Split Corp
(Updated on Jun 25, 2024)
The North American Financial 15 Split Corp stock price gained 0.197% on the last trading day (Tuesday, 25th Jun 2024), rising from $10.14 to $10.16. During the last trading day the stock fluctuated 0.0985% from a day low at $10.15 to a day high of $10.16. The price has been going up and down for this period, and there has been a 0.1% gain for the last 2 weeks. Volume fell on the last day by -34 thousand shares and in total, 43 thousand shares were bought and sold for approximately $432.51 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 is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect North American Financial 15 Split Corp stock with a 90% probability to be traded between $10.15 and $10.26 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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FFN-PA.TO Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 0.197%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The North American Financial 15 Split Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $10.16. On a fall, the stock will find some support from the short-term average at $10.15. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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. The stock had a Golden Star Signal on Wednesday, May 08, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, July 07, 2023.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Wednesday, May 08, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, July 07, 2023.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, May 08, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, July 07, 2023.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A buy signal from a double bottom formation was found on Tuesday, June 04, 2024 and based on theory for this formation the price should go up by 0.91% to $10.25 within 21 trading days since signal was issued (Thursday, July 04, 2024).
Support, Risk & Stop-loss for North American Financial 15 Split Corp stock
North American Financial 15 Split Corp finds support from accumulated volume at $10.15 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 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 $0.0100 between high and low, or 0.0985%. For the last week the stock has had daily average volatility of 0.138%
Our recommended stop-loss: $9.39 (-7.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)
Trading Expectations (FFN-PA.TO) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect North American Financial 15 Split Corp Pfd Shs 2004-1.12.19 to open at $10.16, and during the day (based on 14 day Average True Range), to move between $10.14 and $10.18, which gives a possible trading interval of +/-$0.0210 (+/-0.21%) up or down from last closing price. If North American Financial 15 Split Corp Pfd Shs 2004-1.12.19 takes out the full calculated possible swing range there will be an estimated 0.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $10.17 (0.10%) than the support at $10.15 (0.10%), 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 North American Financial 15 Split Corp Pfd Shs 2004-1.12.19 stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for North American Financial 15 Split Corp stock to perform well in the short-term period.
Current score: 1.312 Buy Candidate Unchanged
Predicted Opening Price for North American Financial 15 Split Corp Pfd Shs 2004-1.12.19 of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $10.16 ( 0.0328%) | $10.16 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FFN-PA.TO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.17 | 0.0656% |
| R2 | 10.16 | 0.0280% |
| R1 | 10.16 | 0.0048% |
| Price | 10.16 | |
| S1 | 10.15 | -0.0704% |
| S2 | 10.15 | -0.0936% |
| S3 | 10.15 | -0.131% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.19 | 0.295% |
| R2 | 10.18 | 0.197% |
| R1 | 10.17 | 0.0984% |
| Price | 10.16 | |
| S1 | 10.15 | -0.0984% |
| S2 | 10.14 | -0.197% |
| S3 | 10.12 | -0.394% |
FFN-PA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 31, 2024 | May 31, 2024 | May 31, 2024 | $0.0792 | 0.780% |
| 2 | Apr 29, 2024 | Apr 29, 2024 | Apr 29, 2024 | $0.0792 | 0.782% |
| 3 | Mar 27, 2024 | Mar 27, 2024 | Mar 27, 2024 | $0.0792 | 0.784% |
| 4 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | $0.0792 | 0.783% |
| 5 | Jan 30, 2024 | Jan 30, 2024 | Jan 30, 2024 | $0.0792 | 0.779% |
FAQ
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