Graham Holdings Company Stock Forecast
Graham Holdings Company stock price ended at $701.45 on Tuesday, after gaining 1.14%.
(Updated on Jul 02, 2024)
The Graham Holdings Company stock price gained 1.14% on the last trading day (Tuesday, 2nd Jul 2024), rising from $693.51 to $701.45. During the last trading day the stock fluctuated 1.26% from a day low at $696.79 to a day high of $705.56. The price has been going up and down for this period, and there has been a -1.05% loss 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, 5 thousand more shares were traded than the day before. In total, 19 thousand shares were bought and sold for approximately $13.10 million.
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 -3.47% during the next 3 months and, with a 90% probability hold a price between $648.87 and $729.47 at the end of this 3-month period.
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GHC Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 25, 2024, and so far it has risen 1.35%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Graham Holdings Company 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 $728.01. On a fall, the stock will find some support from the short-term average at $697.76. 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.
Support, Risk & Stop-loss for Graham Holdings Company stock
Graham Holdings Company finds support from accumulated volume at $701.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $8.77 (1.26%) between high and low. For the last week, the stock has had daily average volatility of 1.55%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (GHC) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Graham Holdings Company to open at $701.27, and during the day (based on 14 day Average True Range), to move between $688.98 and $713.92, which gives a possible trading interval of +/-$12.47 (+/-1.78%) up or down from last closing price. If Graham Holdings Company takes out the full calculated possible swing range there will be an estimated 3.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $701.37 (0.01%) than the resistance at $708.91 (1.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Graham Holdings Company stock A Buy?
Graham Holdings Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.432 Sell Candidate Unchanged
Predicted Opening Price for Graham Holdings Company of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
$701.27 ( 0.0261%) | $701.45 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GHC
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 710.04 | 1.22% |
R2 | 706.69 | 0.747% |
R1 | 704.62 | 0.451% |
Price | 701.45 | |
S1 | 697.92 | -0.504% |
S2 | 695.85 | -0.799% |
S3 | 692.50 | -1.28% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 763.07 | 8.78% |
R2 | 759.82 | 8.32% |
R1 | 708.91 | 1.06% |
Price | 701.45 | |
S1 | 701.37 | -0.0114% |
S2 | 699.55 | -0.271% |
S3 | 692.11 | -1.33% |
GHC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jul 18, 2024 | Jul 18, 2024 | Aug 08, 2024 | $1.72 | 0.245% |
2 | Apr 17, 2024 | Apr 17, 2024 | May 09, 2024 | $1.72 | 0.225% |
3 | Jan 31, 2024 | Jan 31, 2024 | Feb 15, 2024 | $1.72 | 0.231% |
4 | Sep 07, 2023 | Oct 17, 2023 | Nov 02, 2023 | $1.65 | 0.276% |
5 | May 04, 2023 | Jul 18, 2023 | Aug 03, 2023 | $1.65 | 0.279% |
FAQ
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