INDUSTRIA DE DISENO Stock Forecast
Red day on Tuesday for INDUSTRIA DE DISENO stock after losing 0.673%
(Updated on Jun 25, 2024)
The INDUSTRIA DE DISENO stock price fell by -0.673% on the last day (Tuesday, 25th Jun 2024) from $25.27 to $25.10. During the last trading day the stock fluctuated 0.440% from a day low at $25.00 to a day high of $25.11. The price has been going up and down for this period, and there has been a 1.78% gain for the last 2 weeks. Volume has increased on the last day by 9 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 13 thousand shares were bought and sold for approximately $318.49 thousand.
The stock lies in the upper part of a 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 $25.43 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.70% during the next 3 months and, with a 90% probability hold a price between $23.77 and $26.12 at the end of this 3-month period.
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IDEXY Signals & Forecast
The INDUSTRIA DE DISENO 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 $25.11. On a fall, the stock will find some support from the long-term average at approximately $24.16. 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. 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. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -1.18%. Further fall is indicated until a new bottom pivot has been found. INDUSTRIA DE DISENO gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for INDUSTRIA DE DISENO stock
INDUSTRIA DE DISENO finds support from accumulated volume at $24.75 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 $0.110 (0.440%) between high and low. For the last week, the stock has had daily average volatility of 0.716%.
Our recommended stop-loss: $24.31 (-3.16%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 37 days ago.)
Trading Expectations (IDEXY) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect INDUSTRIA DE DISENO to open at $25.07, and during the day (based on 14 day Average True Range), to move between $24.70 and $25.50, which gives a possible trading interval of +/-$0.403 (+/-1.60%) up or down from last closing price. If INDUSTRIA DE DISENO takes out the full calculated possible swing range there will be an estimated 3.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.14 (0.14%) than the support at $24.75 (1.39%), 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 INDUSTRIA DE DISENO 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 INDUSTRIA DE DISENO stock to perform well in the short-term.
Current score: 3.306 Buy Candidate Unchanged
Predicted Opening Price for INDUSTRIA DE DISENO of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
$25.07 ( 0.120%) | $25.10 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IDEXY
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 25.18 | 0.319% |
R2 | 25.14 | 0.151% |
R1 | 25.11 | 0.0479% |
Price | 25.10 | |
S1 | 25.03 | -0.287% |
S2 | 25.00 | -0.390% |
S3 | 24.96 | -0.558% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 25.20 | 0.398% |
R2 | 25.18 | 0.319% |
R1 | 25.14 | 0.139% |
Price | 25.10 | |
S1 | 24.75 | -1.39% |
S2 | 23.21 | -7.53% |
S3 | 23.05 | -8.17% |
IDEXY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 15, 2024 | Apr 29, 2024 | May 17, 2024 | $0.292 | 1.24% |
2 | Oct 12, 2023 | Oct 31, 2023 | Nov 17, 2023 | $0.319 | 1.64% |
3 | Jul 26, 2023 | Apr 27, 2023 | May 17, 2023 | $0.331 | 1.94% |
4 | Oct 31, 2022 | Oct 31, 2022 | Nov 17, 2022 | $0.231 | 1.88% |
5 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | $0.254 | 2.39% |
FAQ
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