Fiera Capital Corporation Stock Forecast
Fiera Capital Corporation stock price up more than 8.00% on Friday
(Updated on Jun 28, 2024)
The Fiera Capital Corporation stock price gained 8.00% on the last trading day (Friday, 28th Jun 2024), rising from $5.25 to $5.67. During the last trading day the stock fluctuated 0.88% from a day low at $5.67 to a day high of $5.72. The price has been going up and down for this period, and there has been a 11.61% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 300 more shares were traded than the day before. In total, 300 shares were bought and sold for approximately $1.70 thousand.
Given the current short-term trend, the stock is expected to fall -7.25% during the next 3 months and, with a 90% probability hold a price between $4.38 and $5.26 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.
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FRRPF Signals & Forecast
The Fiera Capital Corporation 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 $5.29 and $5.47. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 13.40%. 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). Fiera Capital Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Fiera Capital Corporation stock
On the downside, the stock finds support just below today's level from accumulated volume at $5.29 and $5.09. 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, Fiera Capital Corporation finds support just below today's level at $5.29. If this is broken, then the next support from accumulated volume will be at $5.09 and $5.00.
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 $0.0500 between high and low, or 0.88%. For the last week the stock has had daily average volatility of 0.176%.
Our recommended stop-loss: $5.44 (-4.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 37 days ago.)
Trading Expectations (FRRPF) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Fiera Capital Corporation to open at $5.69, and during the day (based on 14 day Average True Range), to move between $5.58 and $5.76, which gives a possible trading interval of +/-$0.0931 (+/-1.64%) up or down from last closing price. If Fiera Capital Corporation takes out the full calculated possible swing range there will be an estimated 3.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $5.78 (1.94%) than the support at $5.29 (6.70%), 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 Fiera Capital Corporation stock A Buy?
Fiera Capital Corporation 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Fiera Capital Corporation of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $5.69 ( 0.294%) | $5.67 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FRRPF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.74 | 1.18% |
| R2 | 5.72 | 0.84% |
| R1 | 5.71 | 0.631% |
| Price | 5.67 | |
| S1 | 5.67 | -0.0429% |
| S2 | 5.66 | -0.251% |
| S3 | 5.64 | -0.588% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.88 | 3.70% |
| R2 | 5.80 | 2.29% |
| R1 | 5.78 | 1.94% |
| Price | 5.67 | |
| S1 | 5.29 | -6.70% |
| S2 | 5.09 | -10.23% |
| S3 | 5.00 | -11.82% |
FRRPF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 20, 2024 | $0.157 | 3.20% |
| 2 | Mar 13, 2024 | Mar 13, 2024 | Apr 11, 2024 | $0.159 | 2.74% |
| 3 | Nov 17, 2023 | Nov 17, 2023 | Dec 18, 2023 | $0.215 | 4.97% |
| 4 | Aug 21, 2023 | Aug 21, 2023 | Sep 19, 2023 | $0.158 | 3.80% |
| 5 | May 19, 2023 | May 19, 2023 | Jun 19, 2023 | $0.215 | 4.26% |
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