Fidelity National Financial Inc 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: Indicates potential upward movement.
Sell Signal (MA)
Sell Signal from Moving Average: Indicates potential downward movement.
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
AI Analysis of FNF
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Red day on Thursday for Fidelity National Financial Inc
(Updated on Oct 03, 2024)
Buy or Hold candidate since Aug 07, 2024
Gain 12.34%
The Fidelity National Financial Inc stock price fell by -0.573% on the last day (Thursday, 3rd Oct 2024) from $61.08 to $60.73. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 0.86% from a day low at $60.50 to a day high of $61.03. The price has fallen in 6 of the last 10 days and is down by -0.21% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -275 thousand shares and in total, 339 thousand shares were bought and sold for approximately $20.58 million.
The stock lies in the middle of a strong 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 22.43% during the next 3 months and, with a 90% probability hold a price between $72.46 and $76.65 at the end of this 3-month period.
FNF Signals & Forecast
The Fidelity National Financial Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $61.01. On a fall, the stock will find some support from the long-term average at approximately $59.43. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, September 30, 2024, and so far it has fallen -2.14%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Fidelity National Financial Inc stock
On the downside, the stock finds support just below today's level from accumulated volume at $54.06 and $53.94. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Fidelity National Financial Inc finds support just below today's level at $54.06. If this is broken, then the next support from accumulated volume will be at $53.94 and $53.43.
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 $0.523 between high and low, or 0.86%. For the last week the stock has had daily average volatility of 1.73%.
Our recommended stop-loss: $57.88 (-4.69%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (FNF) For The Upcoming Trading Day Of Friday 4th
For the upcoming trading day on Friday, 4th we expect Fidelity National Financial Inc to open at $60.75, and during the day (based on 14 day Average True Range), to move between $59.72 and $61.74, which gives a possible trading interval of +/-$1.01 (+/-1.66%) up or down from last closing price. If Fidelity National Financial Inc takes out the full calculated possible swing range there will be an estimated 3.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $60.75 (0.03%) than the support at $54.06 (10.98%), 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 Fidelity National Financial Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Fidelity National Financial Inc stock to perform well in the short-term.
Current score:
2.774
Buy Candidate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on October 4, 2024 - $60.75 ( 0.0368%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for FNF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 61.28 | 0.90% |
| R2 | 61.08 | 0.569% |
| R1 | 60.95 | 0.366% |
| Price | 60.73 | |
| S1 | 60.55 | -0.292% |
| S2 | 60.43 | -0.495% |
| S3 | 60.23 | -0.82% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 61.12 | 0.642% |
| R2 | 60.95 | 0.362% |
| R1 | 60.75 | 0.0329% |
| Price | 60.73 | |
| S1 | 54.06 | -10.98% |
| S2 | 53.94 | -11.18% |
| S3 | 53.43 | -12.02% |
FNF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 01, 2024 | Sep 16, 2024 | Sep 30, 2024 | $0.480 | 0.773% |
| 2 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.480 | 0.97% |
| 3 | Feb 15, 2024 | Mar 15, 2024 | Mar 29, 2024 | $0.480 | 0.90% |
| 4 | Feb 15, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.480 | 0.90% |
| 5 | Nov 07, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.480 | 0.94% |
FAQ
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