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 KHC
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Evaluation of Kraft Heinz Company stock downgraded after the last trading session.
(Updated on Jul 22, 2024)

Sell candidate since Jul 22, 2024 PDF

The Kraft Heinz Company stock price fell by -0.91% on the last day (Monday, 22nd Jul 2024) from $33.12 to $32.82. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.62% from a day low at $32.69 to a day high of $33.22. The price has fallen in 6 of the last 10 days but is still up by 2.24% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -165 thousand shares and in total, 6 million shares were bought and sold for approximately $205.19 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 -15.73% during the next 3 months and, with a 90% probability hold a price between $25.64 and $28.31 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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KHC Signals & Forecast

There are mixed signals in the stock today. The Kraft Heinz Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $32.97 and $33.02. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Monday, July 01, 2024, and so far it has risen 3.01%. 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).

Support, Risk & Stop-loss for Kraft Heinz Company stock

Kraft Heinz Company finds support from accumulated volume at $32.54 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 $0.528 between high and low, or 1.62%. For the last week the stock has had daily average volatility of 2.27%.

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

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

For the upcoming trading day on Tuesday, 23rd we expect The Kraft Heinz Company to open at $32.91, and during the day (based on 14 day Average True Range), to move between $32.22 and $33.42, which gives a possible trading interval of +/-$0.602 (+/-1.84%) up or down from last closing price. If The Kraft Heinz Company takes out the full calculated possible swing range there will be an estimated 3.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $32.92 (0.30%) than the support at $32.54 (0.85%), 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 The Kraft Heinz Company stock A Buy?

Kraft Heinz 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.690 Sell Candidate Downgraded

Predicted Opening Price for The Kraft Heinz Company of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$32.91 ( 0.272%) $32.82

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

Trading levels for KHC

Fibonacci Support & Resistance Levels

Level Price
R3 33.44 1.88%
R2 33.24 1.27%
R1 33.11 0.89%
Price 32.82
S1 32.71 -0.342%
S2 32.58 -0.722%
S3 32.38 -1.34%

Accumulated Volume Support & Resistance Levels

Level Price
R3 36.28 10.54%
R2 32.95 0.396%
R1 32.92 0.305%
Price 32.82
S1 32.54 -0.85%
S2 32.22 -1.83%
S3 32.09 -2.22%

KHC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 06, 2024 Jun 06, 2024 Jun 28, 2024 $0.400 1.24%
2 Feb 14, 2024 Mar 07, 2024 Mar 29, 2024 $0.400 1.08%
3 Nov 30, 2023 Nov 30, 2023 Dec 29, 2023 $0.400 1.08%
4 Aug 02, 2023 Aug 31, 2023 Sep 29, 2023 $0.400 1.19%
5 May 03, 2023 Jun 05, 2023 Jun 30, 2023 $0.400 1.13%

FAQ

What is the symbol for Kraft Heinz Company Stock and on which exchange is it traded?
The symbol for Kraft Heinz Company is KHC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kraft Heinz Company Stock?
Kraft Heinz 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

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

What's the current price of Kraft Heinz Company Stock?
As of the end of day on the Jul 22, 2024, the price of an Kraft Heinz Company (KHC) share was $32.82.

What is the 52-week high and low for Kraft Heinz Company Stock?
The 52-week high for Kraft Heinz Company Stock is $38.96 and the 52-week low is $30.68.

What is the market capitalization of Kraft Heinz Company Stock?
As of the Jul 22, 2024, the market capitalization of Kraft Heinz Company is 40.218B.

When is the next earnings date for Kraft Heinz Company?
The upcoming earnings date for Kraft Heinz Company is Jul 31, 2024.
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About The Kraft Heinz Company

Kraft Heinz Company The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company also offers dressings, healthy snacks, and other categories; and spices and other seasonings. It sells its product... KHC Profile

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