RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MAS
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Masco Corporation stock downgraded from Buy Candidate to Hold/Accumulate after Monday trading session.
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 15, 2024 Gain 3.20% PDF

The Masco Corporation stock price gained 0.151% on the last trading day (Monday, 22nd Jul 2024), rising from $72.73 to $72.84. During the last trading day the stock fluctuated 2.29% from a day low at $71.62 to a day high of $73.26. The price has risen in 6 of the last 10 days and is up by 10.72% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 323 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $102.05 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $74.19 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.23% during the next 3 months and, with a 90% probability hold a price between $62.93 and $72.54 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MAS Signals & Forecast

The Masco Corporation 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 $72.54 and $68.32. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical 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 Tuesday, July 16, 2024, and so far it has fallen -1.97%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Masco Corporation stock

Masco Corporation finds support from accumulated volume at $69.92 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.64 between high and low, or 2.29%. For the last week, the stock has had daily average volatility of 2.80%.

The Masco Corporation stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $70.16 (-3.67%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 82 and this increases the risk substantially. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (MAS) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Masco Corporation to open at $72.57, and during the day (based on 14 day Average True Range), to move between $71.11 and $74.57, which gives a possible trading interval of +/-$1.73 (+/-2.38%) up or down from last closing price. If Masco Corporation takes out the full calculated possible swing range there will be an estimated 4.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $73.01 (0.23%) than the support at $69.92 (4.01%), 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

Masco Corporation will release earnings BMO on Thursday, July 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.16. We will update the financials statements for Masco Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.69% in the first trading day after earnings release.

Is Masco Corporation stock A Buy?

Masco Corporation 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.304 Hold/Accumulate Downgraded

Predicted Opening Price for Masco Corporation of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$72.57 ( 0.366%) $72.84

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MAS

Fibonacci Support & Resistance Levels

Level Price
R3 74.21 1.89%
R2 73.59 1.03%
R1 73.20 0.494%
Price 72.84
S1 71.95 -1.23%
S2 71.56 -1.76%
S3 70.93 -2.62%

Accumulated Volume Support & Resistance Levels

Level Price
R3 74.30 2.00%
R2 73.18 0.467%
R1 73.01 0.233%
Price 72.84
S1 69.92 -4.01%
S2 69.74 -4.26%
S3 68.98 -5.30%

MAS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 10, 2024 May 23, 2024 Jun 10, 2024 $0.290 0.432%
2 Feb 21, 2024 Feb 21, 2024 Mar 11, 2024 $0.290 0.386%
3 Oct 26, 2023 Nov 09, 2023 Nov 27, 2023 $0.290 0.485%
4 Jul 27, 2023 Aug 10, 2023 Aug 28, 2023 $0.285 0.502%
5 May 11, 2023 May 25, 2023 Aug 28, 2023 $0.285 0.502%

FAQ

What is the symbol for Masco Corporation Stock and on which exchange is it traded?
The symbol for Masco Corporation is MAS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Masco Corporation Stock?
Masco Corporation 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Masco Corporation Stock?
Masco Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Masco Corporation Stock.

What's the current price of Masco Corporation Stock?
As of the end of day on the Jul 22, 2024, the price of an Masco Corporation (MAS) share was $72.84.

What is the 52-week high and low for Masco Corporation Stock?
The 52-week high for Masco Corporation Stock is $78.94 and the 52-week low is $47.67.

What is the market capitalization of Masco Corporation Stock?
As of the Jul 22, 2024, the market capitalization of Masco Corporation is 16.018B.

When is the next earnings date for Masco Corporation?
The upcoming earnings date for Masco Corporation is Jul 25, 2024.
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About Masco Corporation

Masco Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system compo... MAS Profile

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