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RSI low/high Values: [ 20 - 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 MFF.AX
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Red day on Monday for MFF Capital Investments Limited
(Updated on Jun 17, 2024)

Hold candidate since Jun 14, 2024 PDF

No changes to the price of MFF Capital Investments Limited stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 1.12% from a day low at $3.57 to a day high of $3.61. The price has been going up and down for this period, and there has been a 1.13% gain for the last 2 weeks.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.15% during the next 3 months and, with a 90% probability hold a price between $3.30 and $3.56 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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MFF.AX Signals & Forecast

The MFF Capital Investments Limited 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 $3.59. On a fall, the stock will find some support from the long-term average at approximately $3.54. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Thursday, June 06, 2024, and so far it has fallen -2.19%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The stock had a Golden Star Signal on Friday, November 10, 2023 in the long-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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, November 10, 2023 in the long-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 MFF Capital Investments Limited stock

MFF Capital Investments Limited finds support from accumulated volume at $3.52 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 very controlled movements and therefore the general risk is considered very 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 $0.0400 between high and low, or 1.12%. For the last week the stock has had daily average volatility of 1.40%

Our recommended stop-loss: $3.41 (-4.41%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 32 days ago.)

Trading Expectations (MFF.AX) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect MFF Capital Investments Limited to open at $3.58, and during the day (based on 14 day Average True Range), to move between $3.52 and $3.62, which gives a possible trading interval of +/-$0.0501 (+/-1.40%) up or down from last closing price. If MFF Capital Investments Limited takes out the full calculated possible swing range there will be an estimated 2.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.59 (0.56%) than the support at $3.52 (1.40%), 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 MFF Capital Investments Limited stock A Buy?

MFF Capital Investments Limited 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: -0.507 Hold/Accumulate Unchanged

Predicted Opening Price for MFF Capital Investments Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
$3.58 ( 0.373%) $3.57

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

Trading levels for MFF.AX

Fibonacci Support & Resistance Levels

Level Price
R3 3.62 1.49%
R2 3.61 1.07%
R1 3.60 0.80%
Price 3.57
S1 3.57 -0.0545%
S2 3.56 -0.319%
S3 3.54 -0.747%

Accumulated Volume Support & Resistance Levels

Level Price
R3 3.65 2.24%
R2 3.64 1.96%
R1 3.59 0.560%
Price 3.57
S1 3.52 -1.40%
S2 3.51 -1.68%
S3 3.47 -2.80%

MFF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 22, 2024 Apr 22, 2024 May 14, 2024 $0.0600 1.71%
2 Oct 06, 2023 Oct 06, 2023 Oct 06, 2023 $0.0500 1.70%
3 Apr 21, 2023 Apr 21, 2023 Apr 21, 2023 $0.0450 1.76%
4 Oct 07, 2022 Oct 07, 2022 Oct 07, 2022 $0.0400 1.65%
5 Apr 22, 2022 Apr 22, 2022 Apr 22, 2022 $0.0350 1.38%

FAQ

What is the symbol for MFF Capital Investments Limited Stock and on which exchange is it traded?
The symbol for MFF Capital Investments Limited is MFF.AX and it is traded on the ASX (Australian Securities Exchange).

Should I buy or sell MFF Capital Investments Limited Stock?
MFF Capital Investments Limited 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.

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

What's the current price of MFF Capital Investments Limited Stock?
As of the end of day on the Jun 17, 2024, the price of an MFF Capital Investments Limited (MFF.AX) share was $3.57.

What is the 52-week high and low for MFF Capital Investments Limited Stock?
The 52-week high for MFF Capital Investments Limited Stock is $3.70 and the 52-week low is $2.55.

What is the market capitalization of MFF Capital Investments Limited Stock?
As of the Jun 17, 2024, the market capitalization of MFF Capital Investments Limited is 2.069B.

When is the next earnings date for MFF Capital Investments Limited?
The upcoming earnings date for MFF Capital Investments Limited is Jul 29, 2024.
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