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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 KLIC
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Evaluation of Kulicke and Soffa Industries stock downgraded after the last trading session.
(Updated on Feb 28, 2024)

Sell candidate since Feb 28, 2024 PDF
The Kulicke and Soffa Industries stock price fell by -1.54% on the last day (Wednesday, 28th Feb 2024) from $48.85 to $48.10. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.08% from a day low at $48.06 to a day high of $49.06. The price has fallen in 7 of the last 10 days but is still up by 0.4% over the past 2 weeks. Volume has increased on the last day by 419 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, 701 thousand shares were bought and sold for approximately $33.73 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 -9.10% during the next 3 months and, with a 90% probability hold a price between $39.91 and $48.47 at the end of this 3-month period.

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KLIC Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, February 01, 2024, and so far it has risen 5.76%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kulicke and Soffa Industries 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 $48.75 and $50.35. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Kulicke and Soffa Industries stock

Kulicke and Soffa Industries finds support from accumulated volume at $47.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.00 between high and low, or 2.08%. For the last week, the stock has had daily average volatility of 1.96%.

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

Trading Expectations (KLIC) For The Upcoming Trading Day Of Thursday 29th

For the upcoming trading day on Thursday, 29th we expect Kulicke and Soffa Industries to open at $48.40, and during the day (based on 14 day Average True Range), to move between $46.59 and $49.61, which gives a possible trading interval of +/-$1.51 (+/-3.13%) up or down from last closing price. If Kulicke and Soffa Industries takes out the full calculated possible swing range there will be an estimated 6.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $47.61 (1.02%) than the resistance at $50.32 (4.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kulicke and Soffa Industries stock A Buy?

Kulicke and Soffa Industries holds several negative signals and is within a wide and falling trend, so we believe 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: -2.645 Sell Candidate Downgraded

Predicted Opening Price for Kulicke and Soffa Industries of Thursday, February 29, 2024

Fair opening price February 29, 2024 Current price
$48.40 ( 0.631%) $48.10

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

News Digest

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.40 2.71 %
R2 49.02 1.92 %
R1 48.79 1.42 %
Current price: 48.10
Support S1 48.02 -0.164 %
S2 47.79 -0.654 %
S3 47.40 -1.45 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 55.42 15.22 %
R2 54.80 13.93 %
R1 50.32 4.62 %
Current price 48.10
Support S1 47.61 -1.02%
S2 46.06 -4.24%
S3 45.48 -5.45%

FAQ

What is the symbol for Kulicke and Soffa Industries Stock and on which exchange is it traded?
The symbol for Kulicke and Soffa Industries is KLIC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kulicke and Soffa Industries Stock?
Kulicke and Soffa Industries holds several negative signals and is within a wide and falling trend, so we believe 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 Kulicke and Soffa Industries Stock?
Kulicke and Soffa Industries Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kulicke and Soffa Industries Stock.

What's the current price of Kulicke and Soffa Industries Stock?
As of the end of day on the 2024-02-28, the price of an Kulicke and Soffa Industries (KLIC) share was $48.10.

What is the 52-week high and low for Kulicke and Soffa Industries Stock?
The 52-week high for Kulicke and Soffa Industries Stock is $60.19 and the 52-week low is $40.20.

What is the market capitalization of Kulicke and Soffa Industries Stock?
As of the 2024-02-28, the market capitalization of Kulicke and Soffa Industries is 2.71B.

When is the next earnings date for Kulicke and Soffa Industries?
The upcoming earnings date for Kulicke and Soffa Industries is May 01, 2024.

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About Kulicke and Soffa Industries

Kulicke and Soffa Industries Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through two segments, Capital Equipment, and Aftermarket Products and Services (APS). The company manufactures and sells advanced displays; die-transfer, flip-chip, and TCB advanced packaging products; ball bonder, die-attach, electronics assembly, lithography, wafer-level bonder, and wedge bonder pro... KLIC Profile

KLIC Dividend Data

1.51%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Frequency Quarterly
Amount Per Share $0.200
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