LivaNova PLC Stock Forecast
LivaNova PLC stock price down 1.50% on Thursday
(Updated on Apr 25, 2024)
The LivaNova PLC stock price fell by -1.50% on the last day (Thursday, 25th Apr 2024) from $55.94 to $55.10. During the last trading day the stock fluctuated 2.90% from a day low at $54.27 to a day high of $55.84. The price has been going up and down for this period, and there has been a 1.9% 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 -12 thousand shares and in total, 534 thousand shares were bought and sold for approximately $29.45 million.
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 8.34% during the next 3 months and, with a 90% probability hold a price between $56.65 and $65.37 at the end of this 3-month period.
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LIVN Signals & Forecast
The LivaNova PLC stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $53.86 and $53.83. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -2.70%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, February 15, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Thursday, February 15, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for LivaNova PLC stock
LivaNova PLC finds support from accumulated volume at $53.94 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.58 (2.90%) between high and low. For the last week, the stock has had daily average volatility of 3.15%.
Our recommended stop-loss: $52.80 (-4.17%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 25 days ago.)
Trading Expectations (LIVN) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect LivaNova PLC to open at $55.07, and during the day (based on 14 day Average True Range), to move between $53.48 and $56.72, which gives a possible trading interval of +/-$1.62 (+/-2.93%) up or down from last closing price. If LivaNova PLC takes out the full calculated possible swing range there will be an estimated 5.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $53.94 (2.11%) than the resistance at $56.28 (2.14%), 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
LivaNova PLC will release earnings BMO on Wednesday, May 01, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.450. We will update the financials statements for LivaNova PLC, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 8.94% in the first trading day after earnings release.
Is LivaNova PLC stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for LivaNova PLC stock to perform well in the short-term.
Current score: 1.077 Buy Candidate Unchanged
Predicted Opening Price for LivaNova PLC of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $55.07 ( 0.0575%) | $55.10 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LIVN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 56.64 | 2.80 % | |
| R2 | 56.04 | 1.71 % | ||
| R1 | 55.67 | 1.03 % | ||
| Current price: | 55.10 | |||
| Support | S1 | 54.47 | -1.15 % | |
| S2 | 54.09 | -1.82 % | ||
| S3 | 53.49 | -2.92 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 56.82 | 3.12 % | |
| R2 | 56.63 | 2.78 % | ||
| R1 | 56.28 | 2.14 % | ||
| Current price | 55.10 | |||
| Support | S1 | 53.94 | -2.11% | |
| S2 | 53.26 | -3.34% | ||
| S3 | 52.38 | -4.94% |
FAQ
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