Live Ventures Incorporated Stock Forecast
Stronger technical forecast for Live Ventures Incorporated stock price after Thursday trading.
(Updated on Apr 25, 2024)
The Live Ventures Incorporated stock price gained 4.81% on the last trading day (Thursday, 25th Apr 2024), rising from $24.75 to $25.94. During the last trading day the stock fluctuated 7.23% from a day low at $24.55 to a day high of $26.33. The price has risen in 6 of the last 10 days and is up by 1.69% over the past 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 8 thousand shares were bought and sold for approximately $218.73 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 stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.33% during the next 3 months and, with a 90% probability hold a price between $26.35 and $30.82 at the end of this 3-month period.
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LIVE Signals & Forecast
There are mixed signals in the stock today. The Live Ventures Incorporated stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $26.43. On a fall, the stock will find some support from the short-term average at $25.69. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 4.81%. Further rise is indicated until a new top pivot has been found.
A sell signal from a double top formation was found on Friday, March 08, 2024 and based on theory for this formation the price should fall by -6.40% to $24.28 within 4 trading days since signal was issued (Friday, April 26, 2024).
Support, Risk & Stop-loss for Live Ventures Incorporated stock
Live Ventures Incorporated finds support from accumulated volume at $25.51 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 $1.78 between high and low, or 7.23%. For the last week the stock has had daily average volatility of 3.66%.
Our recommended stop-loss: $24.95 (-3.81%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 1 day ago.)
Trading Expectations (LIVE) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Live Ventures Incorporated to open at $25.61, and during the day (based on 14 day Average True Range), to move between $24.99 and $26.89, which gives a possible trading interval of +/-$0.95 (+/-3.67%) up or down from last closing price. If Live Ventures Incorporated takes out the full calculated possible swing range there will be an estimated 7.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.99 (0.19%) than the support at $25.51 (1.66%), 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 Live Ventures Incorporated stock A Buy?
Live Ventures Incorporated holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.920 Hold/Accumulate Upgraded
Predicted Opening Price for Live Ventures Incorporated of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $25.61 ( 1.29%) | $25.94 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LIVE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 27.38 | 5.55 % | |
| R2 | 26.70 | 2.94 % | ||
| R1 | 26.28 | 1.32 % | ||
| Current price: | 25.94 | |||
| Support | S1 | 24.93 | -3.91 % | |
| S2 | 24.51 | -5.52 % | ||
| S3 | 23.83 | -8.13 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 27.53 | 6.13 % | |
| R2 | 26.13 | 0.732 % | ||
| R1 | 25.99 | 0.193 % | ||
| Current price | 25.94 | |||
| Support | S1 | 25.51 | -1.66% | |
| S2 | 25.00 | -3.62% | ||
| S3 | 24.75 | -4.59% |
LIVE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 08, 2005 | Jul 12, 2005 | Jul 28, 2005 | $2.00 | 1.05% |
| 2 | Apr 07, 2005 | Apr 12, 2005 | Apr 29, 2005 | $2.00 | 1.24% |
| 3 | Jan 10, 2005 | Jan 12, 2005 | Jan 29, 2005 | $2.00 | 0.97% |
| 4 | Sep 21, 2004 | Sep 22, 2004 | Oct 19, 2004 | $2.00 | 0.726% |
FAQ
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