MSA Safety Incorporporated Stock Forecast
Green day on Thursday for MSA Safety Incorporporated stock after gaining 0.197%
(Updated on Mar 28, 2024)
The MSA Safety Incorporporated stock price gained 0.197% on the last trading day (Thursday, 28th Mar 2024), rising from $193.21 to $193.59. During the last trading day the stock fluctuated 1.33% from a day low at $192.92 to a day high of $195.48. The price has risen in 7 of the last 10 days and is up by 5.41% over the past 2 weeks. Volume fell on the last day by -17 thousand shares and in total, 100 thousand shares were bought and sold for approximately $19.27 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the upper part of a strong rising 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 $194.85 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 18.65% during the next 3 months and, with a 90% probability hold a price between $219.63 and $231.19 at the end of this 3-month period.
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MSA Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -0.134%. 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). The MSA Safety Incorporporated 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 $189.61 and $183.23. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for MSA Safety Incorporporated stock
On the downside, the stock finds support just below today's level from accumulated volume at $177.94 and $169.62. 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, MSA Safety Incorporporated finds support just below today's level at $177.94. If this is broken, then the next support from accumulated volume will be at $169.62 and $161.09.
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 $2.56 between high and low, or 1.33%. For the last week the stock has had daily average volatility of 1.51%.
Our recommended stop-loss: $187.46 (-3.17%) (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 (MSA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect MSA Safety Incorporporated to open at $194.00, and during the day (based on 14 day Average True Range), to move between $190.57 and $196.61, which gives a possible trading interval of +/-$3.02 (+/-1.56%) up or down from last closing price. If MSA Safety Incorporporated takes out the full calculated possible swing range there will be an estimated 3.12% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $193.85 (0.13%) than the support at $177.94 (8.08%), 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 MSA Safety Incorporporated stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MSA Safety Incorporporated stock to perform well in the short-term.
Current score: 3.935 Buy Candidate Unchanged
Predicted Opening Price for MSA Safety Incorporporated of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$194.00 ( 0.210%) | $193.59 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MSA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 196.56 | 1.53 % | |
R2 | 195.58 | 1.03 % | ||
R1 | 194.97 | 0.715 % | ||
Current price: | 193.59 | |||
Support | S1 | 193.02 | -0.295 % | |
S2 | 192.41 | -0.607 % | ||
S3 | 191.44 | -1.11 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 193.85 | 0.134 % | ||
Current price | 193.59 | |||
Support | S1 | 177.94 | -8.08% | |
S2 | 169.62 | -12.38% | ||
S3 | 161.09 | -16.79% |
MSA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 16, 2024 | Feb 14, 2024 | Mar 10, 2024 | $0.470 | 0.253% |
2 | Oct 27, 2023 | Nov 14, 2023 | Dec 10, 2023 | $0.470 | 0.275% |
3 | Aug 01, 2023 | Aug 15, 2023 | Sep 10, 2023 | $0.470 | 0.274% |
4 | May 02, 2023 | May 15, 2023 | Jun 10, 2023 | $0.470 | 0.305% |
5 | Feb 03, 2023 | Feb 13, 2023 | Mar 10, 2023 | $0.460 | 0.345% |
FAQ
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