Kamada Ltd. 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
Kamada Ltd. stock price ended at $5.75 on Friday, after gaining 3.42%.
(Updated on May 03, 2024)
The Kamada Ltd. stock price gained 3.42% on the last trading day (Friday, 3rd May 2024), rising from $5.56 to $5.75. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.53% from a day low at $5.52 to a day high of $5.77. The price has risen in 7 of the last 10 days and is up by 13.86% over the past 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 35 thousand shares were bought and sold for approximately $200.04 thousand. 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 stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $5.65, a level that may pose a second chance to hit a runner. According to fan-theory $6.64 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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KMDA Signals & Forecast
The Kamada Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $5.36 and $5.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 17.35%. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Kamada Ltd. stock
Kamada Ltd. finds support from accumulated volume at $5.71 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.250 between high and low, or 4.53%. For the last week the stock has had daily average volatility of 3.43%.
Our recommended stop-loss: $5.57 (-3.06%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 13 days ago.)
Trading Expectations (KMDA) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Kamada Ltd. to open at $5.68, and during the day (based on 14 day Average True Range), to move between $5.58 and $5.92, which gives a possible trading interval of +/-$0.171 (+/-2.98%) up or down from last closing price. If Kamada Ltd. takes out the full calculated possible swing range there will be an estimated 5.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5.71 (0.70%) than the resistance at $6.05 (5.22%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Kamada Ltd. will release earnings BMO on Wednesday, May 08, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.0600. We will update the financials statements for Kamada Ltd., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.94% in the first trading day after earnings release.
Is Kamada Ltd. stock A Buy?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.
Current score: 3.696 Buy Candidate Unchanged
Predicted Opening Price for Kamada Ltd. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $5.68 ( 1.22%) | $5.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KMDA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.93 | 3.13 % | |
| R2 | 5.83 | 1.47 % | ||
| R1 | 5.78 | 0.443 % | ||
| Current price: | 5.75 | |||
| Support | S1 | 5.58 | -2.88 % | |
| S2 | 5.53 | -3.90 % | ||
| S3 | 5.43 | -5.57 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.37 | 10.78 % | |
| R2 | 6.20 | 7.83 % | ||
| R1 | 6.05 | 5.22 % | ||
| Current price | 5.75 | |||
| Support | S1 | 5.71 | -0.696% | |
| S2 | 5.60 | -2.61% | ||
| S3 | 4.90 | -14.78% |
KMDA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 13, 2013 | Jun 13, 2013 | Jun 13, 2013 | $0.0060 | 0.0545% |
FAQ
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