Investors Title Company Stock Forecast

Investors Title Company stock price ended at $159.36 on Friday, after losing 2.16%.
(Updated on Apr 26, 2024)

ITIC Signals & Forecast

The Investors Title Company 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 $161.33. On a fall, the stock will find some support from the long-term average at approximately $158.86. 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 Tuesday, April 23, 2024, and so far it has fallen -3.10%. Further fall is indicated until a new bottom pivot has been found. Investors Title Company 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". The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Investors Title Company stock

Investors Title Company finds support from accumulated volume at $157.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $3.76 between high and low, or 2.36%. For the last week the stock has had daily average volatility of 1.54%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ITIC) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Investors Title Company to open at $160.61, and during the day (based on 14 day Average True Range), to move between $156.76 and $161.96, which gives a possible trading interval of +/-$2.60 (+/-1.63%) up or down from last closing price. If Investors Title Company takes out the full calculated possible swing range there will be an estimated 3.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $157.60 (1.10%) than the resistance at $162.80 (2.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Investors Title Company stock A Buy?

Investors Title 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: -1.891 Sell Candidate Unchanged

Predicted Opening Price for Investors Title Company of Monday, April 29, 2024

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