Brasilagro Cia Brasileira De 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
Red day on Wednesday for Brasilagro Cia Brasileira De stock after losing 1.80%
(Updated on May 01, 2024)
The Brasilagro Cia Brasileira De stock price fell by -1.80% on the last day (Wednesday, 1st May 2024) from $5.01 to $4.92. During the last trading day the stock fluctuated 1.73% from a day low at $4.91 to a day high of $5.00. The price has risen in 5 of the last 10 days and is up by 3.8% over the past 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 -68 thousand shares and in total, 13 thousand shares were bought and sold for approximately $62.26 thousand.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Brasilagro Cia Brasileira De stock with a 90% probability to be traded between $4.84 and $5.23 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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LND Signals & Forecast
The Brasilagro Cia Brasileira De stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $4.97. On a fall, the stock will find some support from the long-term average at approximately $4.88. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, April 29, 2024, and so far it has fallen -3.53%. 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 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. The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Monday, April 29, 2024 and based on theory for this formation the price should fall by -8.89% to $4.48 within 14 trading days since signal was issued (Thursday, May 02, 2024).
Support, Risk & Stop-loss for Brasilagro Cia Brasileira De stock
Brasilagro Cia Brasileira De finds support from accumulated volume at $4.83 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 $0.0850 between high and low, or 1.73%. For the last week the stock has had daily average volatility of 2.26%.
Our recommended stop-loss: $4.66 (-5.29%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (LND) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Brasilagro Cia Brasileira De Propriedades Agricolas to open at $4.94, and during the day (based on 14 day Average True Range), to move between $4.80 and $5.04, which gives a possible trading interval of +/-$0.120 (+/-2.43%) up or down from last closing price. If Brasilagro Cia Brasileira De Propriedades Agricolas takes out the full calculated possible swing range there will be an estimated 4.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $4.95 (0.61%) than the support at $4.83 (1.83%), 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.
Earnings coming up
Brasilagro Cia Brasileira De Propriedades Agricolas will release earnings BMO on Wednesday, May 08, 2024. We will update the financials statements for Brasilagro Cia Brasileira De Propriedades Agricolas, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.86% in the first trading day after earnings release.
Is Brasilagro Cia Brasileira De Propriedades Agricolas stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Brasilagro Cia Brasileira De stock to perform well in the short-term period.
Current score: 1.281 Buy Candidate Unchanged
Predicted Opening Price for Brasilagro Cia Brasileira De Propriedades Agricolas of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $4.94 ( 0.440%) | $4.92 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LND
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.03 | 2.17 % | |
| R2 | 4.99 | 1.51 % | ||
| R1 | 4.97 | 1.10 % | ||
| Current price: | 4.92 | |||
| Support | S1 | 4.91 | -0.220 % | |
| S2 | 4.89 | -0.627 % | ||
| S3 | 4.86 | -1.29 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.10 | 3.66 % | |
| R2 | 4.96 | 0.81 % | ||
| R1 | 4.95 | 0.610 % | ||
| Current price | 4.92 | |||
| Support | S1 | 4.83 | -1.83% | |
| S2 | 4.81 | -2.24% | ||
| S3 | 4.80 | -2.44% |
LND Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 12, 2023 | Oct 25, 2023 | Nov 18, 2023 | $0.641 | 13.02% |
| 2 | Oct 05, 2022 | Oct 28, 2022 | Nov 28, 2022 | $0.622 | 12.37% |
| 3 | Apr 07, 2022 | Apr 14, 2022 | May 09, 2022 | $0.424 | 6.58% |
| 4 | Sep 30, 2021 | Oct 28, 2021 | Nov 22, 2021 | $0.487 | 10.94% |
| 5 | Sep 28, 2020 | Oct 19, 2020 | Nov 23, 2020 | $0.127 | 2.63% |
FAQ
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