RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FSV
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FirstService Corporation stock upgraded from Buy Candidate to Strong Buy Candidate after Monday trading session.
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 10, 2024 Gain 7.53% PDF

The FirstService Corporation stock price gained 1.19% on the last trading day (Monday, 22nd Jul 2024), rising from $164.07 to $166.02. During the last trading day the stock fluctuated 1.61% from a day low at $164.46 to a day high of $167.10. The price has risen in 6 of the last 10 days and is up by 7.76% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 50 thousand more shares were traded than the day before. In total, 121 thousand shares were bought and sold for approximately $20.08 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $166.64 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 7.80% during the next 3 months and, with a 90% probability hold a price between $160.55 and $179.64 at the end of this 3-month period.

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FSV Signals & Forecast

Mostly positive signals in the chart today. The FirstService Corporation 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 $164.20 and $154.51. 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 17.06%. 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 is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for FirstService Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $152.37 and $147.12. 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, FirstService Corporation finds support just below today's level at $152.37. If this is broken, then the next support from accumulated volume will be at $147.12 and $144.46.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.64 between high and low, or 1.61%. For the last week, the stock has had daily average volatility of 1.55%.

Our recommended stop-loss: $160.18 (-3.52%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 49 days ago.)

Trading Expectations (FSV) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect FirstService Corporation to open at $165.86, and during the day (based on 14 day Average True Range), to move between $163.31 and $168.73, which gives a possible trading interval of +/-$2.71 (+/-1.64%) up or down from last closing price. If FirstService Corporation takes out the full calculated possible swing range there will be an estimated 3.27% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $152.37, some $13.65 (8.22%) from the current price of $166.02, our system finds the risk reward attractive.

Earnings coming up

FirstService Corporation will release earnings BMO on Thursday, July 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.27. We will update the financials statements for FirstService Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.41% in the first trading day after earnings release.

Is FirstService Corporation stock A Buy?

FirstService Corporation holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.195 Strong Buy Candidate Upgraded

Predicted Opening Price for FirstService Corporation of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$165.86 ( 0.0964%) $166.02

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FSV

Fibonacci Support & Resistance Levels

Level Price
R3 168.50 1.49%
R2 167.49 0.89%
R1 166.87 0.511%
Price 166.02
S1 164.85 -0.704%
S2 164.23 -1.08%
S3 163.22 -1.69%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 166.02
S1 152.37 -8.22%
S2 147.12 -11.38%
S3 144.46 -12.99%

FSV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 28, 2024 Jun 28, 2024 Jul 05, 2024 $0.250 0.163%
2 Mar 27, 2024 Mar 27, 2024 Apr 05, 2024 $0.225 0.142%
3 Nov 28, 2023 Dec 28, 2023 Jan 05, 2024 $0.225 0.141%
4 Sep 12, 2023 Sep 28, 2023 Oct 06, 2023 $0.230 0.159%
5 May 09, 2023 Jun 29, 2023 Jul 07, 2023 $0.225 0.147%

FAQ

What is the symbol for FirstService Corporation Stock and on which exchange is it traded?
The symbol for FirstService Corporation is FSV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell FirstService Corporation Stock?
FirstService Corporation holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy FirstService Corporation Stock?
FirstService Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy FirstService Corporation Stock.

What's the current price of FirstService Corporation Stock?
As of the end of day on the Jul 22, 2024, the price of an FirstService Corporation (FSV) share was $166.02.

What is the 52-week high and low for FirstService Corporation Stock?
The 52-week high for FirstService Corporation Stock is $171.94 and the 52-week low is $134.77.

What is the market capitalization of FirstService Corporation Stock?
As of the Jul 22, 2024, the market capitalization of FirstService Corporation is 7.467B.

When is the next earnings date for FirstService Corporation?
The upcoming earnings date for FirstService Corporation is Jul 25, 2024.
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About FirstService Corporation

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeo... FSV Profile

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