The St. Joe Company Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
The St. Joe Company stock price up 1.25% on Friday
(Updated on Apr 26, 2024)
The The St. Joe Company stock price gained 1.25% on the last trading day (Friday, 26th Apr 2024), rising from $57.81 to $58.53. During the last trading day the stock fluctuated 3.49% from a day low at $57.81 to a day high of $59.83. The price has been going up and down for this period, and there has been a 2.88% gain for the last 2 weeks. Volume fell on the last day by -40 thousand shares and in total, 192 thousand shares were bought and sold for approximately $11.25 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 $59.60 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.13% during the next 3 months and, with a 90% probability hold a price between $55.43 and $62.06 at the end of this 3-month period.
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JOE Signals & Forecast
The The St. Joe Company 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 $56.49 and $55.87. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 7.95%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for The St. Joe Company stock
The St. Joe Company finds support from accumulated volume at $57.97 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 $2.02 (3.49%) between high and low. For the last week, the stock has had daily average volatility of 2.75%.
Our recommended stop-loss: $56.50 (-3.46%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (JOE) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect The St. Joe Company to open at $58.72, and during the day (based on 14 day Average True Range), to move between $56.94 and $60.12, which gives a possible trading interval of +/-$1.59 (+/-2.71%) up or down from last closing price. If The St. Joe Company takes out the full calculated possible swing range there will be an estimated 5.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $57.97 (0.96%) than the resistance at $59.10 (0.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is The St. Joe Company 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 The St. Joe Company stock to perform well in the short-term.
Current score: 2.799 Buy Candidate Unchanged
Predicted Opening Price for The St. Joe Company of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
$58.72 ( 0.330%) | $58.53 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JOE
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 60.74 | 3.78 % | |
R2 | 59.97 | 2.46 % | ||
R1 | 59.49 | 1.65 % | ||
Current price: | 58.53 | |||
Support | S1 | 57.95 | -0.99 % | |
S2 | 57.47 | -1.80 % | ||
S3 | 56.70 | -3.12 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 59.10 | 0.97 % | ||
Current price | 58.53 | |||
Support | S1 | 57.97 | -0.96% | |
S2 | 55.97 | -4.37% | ||
S3 | 54.16 | -7.47% |
JOE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 21, 2024 | Mar 01, 2024 | Mar 27, 2024 | $0.120 | 0.209% |
2 | Oct 25, 2023 | Nov 08, 2023 | Dec 08, 2023 | $0.120 | 0.223% |
3 | Jul 26, 2023 | Aug 10, 2023 | Sep 08, 2023 | $0.120 | 0.203% |
4 | Apr 26, 2023 | May 16, 2023 | Sep 08, 2023 | $0.100 | 0.169% |
5 | Feb 22, 2023 | Mar 03, 2023 | Mar 28, 2023 | $0.100 | 0.256% |
FAQ
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