Moog Inc. Stock Forecast
Moog Inc. stock price up more than 7.22% on Friday
(Updated on Apr 26, 2024)
The Moog Inc. stock price gained 7.22% on the last trading day (Friday, 26th Apr 2024), rising from $157.13 to $168.47. During the last trading day the stock fluctuated 6.91% from a day low at $159.15 to a day high of $170.15. The price has fallen in 5 of the last 10 days but is still up by 7.95% 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, 212 thousand more shares were traded than the day before. In total, 336 thousand shares were bought and sold for approximately $56.54 million.
The stock has broken the strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $164.19, a level that may pose a second chance to hit a runner. According to fan-theory $173.93 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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MOG-A Signals & Forecast
The Moog Inc. 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 $157.75 and $156.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 10.31%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Moog Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $158.38 and $156.06. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Moog Inc. finds support just below today's level at $158.38. If this is broken, then the next support from accumulated volume will be at $156.06 and $154.34.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $11.00 between high and low, or 6.91%. For the last week the stock has had daily average volatility of 3.06%.
Our recommended stop-loss: $162.20 (-3.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (MOG-A) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Moog Inc. to open at $165.92, and during the day (based on 14 day Average True Range), to move between $164.17 and $172.77, which gives a possible trading interval of +/-$4.30 (+/-2.55%) up or down from last closing price. If Moog Inc. takes out the full calculated possible swing range there will be an estimated 5.11% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $158.38, some $10.09 (5.99%) from the current price of $168.47, our system finds the risk reward attractive.
Is Moog Inc. stock A Buy?
Moog Inc. holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.
Current score: 7.703 Strong Buy Candidate Upgraded
Predicted Opening Price for Moog Inc. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $165.92 ( 1.51%) | $168.47 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MOG-A
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 176.92 | 5.02 % | |
| R2 | 172.72 | 2.52 % | ||
| R1 | 170.13 | 0.98 % | ||
| Current price: | 168.47 | |||
| Support | S1 | 161.72 | -4.01 % | |
| S2 | 159.13 | -5.55 % | ||
| S3 | 154.92 | -8.04 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 168.47 | |||
| Support | S1 | 158.38 | -5.99% | |
| S2 | 156.06 | -7.37% | ||
| S3 | 154.34 | -8.39% |
MOG-A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 08, 2024 | Feb 08, 2024 | Feb 27, 2024 | $0 | 0% |
| 2 | Nov 03, 2023 | Nov 21, 2023 | Dec 08, 2023 | $0.270 | 0.195% |
| 3 | Jul 28, 2023 | Aug 10, 2023 | Aug 28, 2023 | $0.270 | 0.235% |
| 4 | Apr 28, 2023 | May 11, 2023 | Aug 28, 2023 | $0.270 | 0.235% |
| 5 | Feb 03, 2023 | Feb 16, 2023 | May 30, 2023 | $0.270 | 0.269% |
FAQ
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