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 MNRO
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Green day on Thursday for Monro Muffler Brake
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 0.25% PDF

The Monro Muffler Brake stock price gained 0.254% on the last trading day (Thursday, 28th Mar 2024), rising from $31.46 to $31.54. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.71% from a day low at $31.52 to a day high of $32.06. The price has risen in 7 of the last 10 days and is up by 10.94% 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, 45 thousand more shares were traded than the day before. In total, 273 thousand shares were bought and sold for approximately $8.60 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 7.44% during the next 3 months and, with a 90% probability hold a price between $30.96 and $36.90 at the end of this 3-month period.

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MNRO Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 10.94%. Further rise is indicated until a new top pivot has been found. 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. The Monro Muffler Brake 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 $31.60. On a fall, the stock will find some support from the short-term average at $30.70. 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).

Support, Risk & Stop-loss for Monro Muffler Brake stock

Monro Muffler Brake finds support from accumulated volume at $31.53 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 $0.540 between high and low, or 1.71%. For the last week, the stock has had daily average volatility of 2.78%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MNRO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Monro Muffler Brake to open at $31.71, and during the day (based on 14 day Average True Range), to move between $30.53 and $32.55, which gives a possible trading interval of +/-$1.01 (+/-3.19%) up or down from last closing price. If Monro Muffler Brake takes out the full calculated possible swing range there will be an estimated 6.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $31.53 (0.03%) than the resistance at $31.86 (1.01%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Monro Muffler Brake stock A Buy?

Monro Muffler Brake holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.808 Sell Candidate Unchanged

Predicted Opening Price for Monro Muffler Brake of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$31.71 ( 0.528%) $31.54

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

Trading levels for MNRO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 32.25 2.24 %
R2 32.04 1.59 %
R1 31.91 1.18 %
Current price: 31.54
Support S1 31.50 -0.126 %
S2 31.37 -0.530 %
S3 31.17 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.59 3.33 %
R2 32.15 1.93 %
R1 31.86 1.01 %
Current price 31.54
Support S1 31.53 -0.0317%
S2 29.34 -6.98%
S3 28.13 -10.81%

MNRO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Mar 07, 2024 Mar 22, 2024 $0.280 0.93%
2 Nov 29, 2023 Dec 07, 2023 Dec 19, 2023 $0.280 0.88%
3 Aug 09, 2023 Aug 21, 2023 Sep 05, 2023 $0.280 0.85%
4 May 11, 2023 Jun 02, 2023 Jun 19, 2023 $0.280 0.709%
5 Feb 09, 2023 Mar 07, 2023 Mar 22, 2023 $0.280 0.579%

FAQ

What is the symbol for Monro Muffler Brake Stock and on which exchange is it traded?
The symbol for Monro Muffler Brake is MNRO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Monro Muffler Brake Stock?
Monro Muffler Brake holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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

What's the current price of Monro Muffler Brake Stock?
As of the end of day on the 2024-03-28, the price of an Monro Muffler Brake (MNRO) share was $31.54.

What is the 52-week high and low for Monro Muffler Brake Stock?
The 52-week high for Monro Muffler Brake Stock is $50.20 and the 52-week low is $22.72.

What is the market capitalization of Monro Muffler Brake Stock?
As of the 2024-03-28, the market capitalization of Monro Muffler Brake is 943.112M.

When is the next earnings date for Monro Muffler Brake?
The upcoming earnings date for Monro Muffler Brake is May 16, 2024.
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About Monro Muffler Brake

Monro Muffler Brake Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides automotive undercar repair services, including tire replacement sales, and... MNRO Profile

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