Live Ventures Incorporated Stock Forecast
Live Ventures Incorporated stock price ended at $25.72 on Friday, after losing 0.96%.
(Updated on May 03, 2024)
The Live Ventures Incorporated stock price fell by -0.96% on the last day (Friday, 3rd May 2024) from $25.97 to $25.72. During the last trading day the stock fluctuated 2.20% from a day low at $25.64 to a day high of $26.20. The price has been going up and down for this period, and there has been a 1.06% gain for the last 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 -499 shares and in total, 7 thousand shares were bought and sold for approximately $172.71 thousand.
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 3.23% during the next 3 months and, with a 90% probability hold a price between $25.65 and $29.45 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
LIVE Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 3.92%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 $26.14. On a fall, the stock will find some support from the short-term average at $25.71. 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 along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
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.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.565 between high and low, or 2.20%. For the last week the stock has had daily average volatility of 3.38%.
Our recommended stop-loss: $24.40 (-5.12%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (LIVE) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Live Ventures Incorporated to open at $25.85, and during the day (based on 14 day Average True Range), to move between $24.81 and $26.63, which gives a possible trading interval of +/-$0.91 (+/-3.53%) up or down from last closing price. If Live Ventures Incorporated takes out the full calculated possible swing range there will be an estimated 7.07% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $25.51 (0.82%) than the resistance at $25.99 (1.05%), 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
Live Ventures Incorporated will release earnings BMO on Thursday, May 09, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.50. We will update the financials statements for Live Ventures Incorporated, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 10.82% in the first trading day after earnings release.
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.
Current score: 0.099 Hold/Accumulate Unchanged
Predicted Opening Price for Live Ventures Incorporated of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $25.85 ( 0.512%) | $25.72 |
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 | 26.42 | 2.71 % | |
| R2 | 26.20 | 1.87 % | ||
| R1 | 26.07 | 1.35 % | ||
| Current price: | 25.72 | |||
| Support | S1 | 25.64 | -0.327 % | |
| S2 | 25.50 | -0.85 % | ||
| S3 | 25.29 | -1.68 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 27.53 | 7.04 % | |
| R2 | 26.13 | 1.59 % | ||
| R1 | 25.99 | 1.05 % | ||
| Current price | 25.72 | |||
| Support | S1 | 25.51 | -0.82% | |
| S2 | 25.00 | -2.80% | ||
| S3 | 24.75 | -3.77% |
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
Click here for our free guide on how to buy Live Ventures Incorporated Stock.
