MSA Safety Incorporporated Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy Signal from Moving Average: Indicates potential upward movement.
Sell Signal (MA)
Sell Signal from Moving Average: Indicates potential downward movement.
Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Evaluation of MSA Safety Incorporporated stock downgraded after the last trading session
(Updated on Oct 03, 2024)
Sell candidate since Oct 03, 2024
The MSA Safety Incorporporated stock price fell by -1.15% on the last day (Thursday, 3rd Oct 2024) from $173.54 to $171.54. During the last trading day the stock fluctuated 1.07% from a day low at $170.97 to a day high of $172.80. The price has fallen in 6 of the last 10 days and is down by -7.12% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -67 thousand shares and in total, 69 thousand shares were bought and sold for approximately $11.87 million.
The stock lies in the middle of a wide and 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 -8.59% during the next 3 months and, with a 90% probability hold a price between $148.11 and $168.63 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.
MSA Signals & Forecast
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. The MSA Safety Incorporporated stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $175.58 and $176.91. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, September 19, 2024, and so far it has fallen -7.12%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for MSA Safety Incorporporated stock
MSA Safety Incorporporated finds support from accumulated volume at $171.35 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 $1.83 between high and low, or 1.07%. For the last week, the stock has had daily average volatility of 2.40%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MSA) For The Upcoming Trading Day Of Friday 4th
For the upcoming trading day on Friday, 4th we expect MSA Safety Incorporporated to open at $171.77, and during the day (based on 14 day Average True Range), to move between $167.66 and $175.42, which gives a possible trading interval of +/-$3.88 (+/-2.26%) up or down from last closing price. If MSA Safety Incorporporated takes out the full calculated possible swing range there will be an estimated 4.53% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $171.35 (0.11%) than the resistance at $179.56 (4.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is MSA Safety Incorporporated stock A Buy?
MSA Safety Incorporporated holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.643 Sell Candidate Downgraded
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Predicted Fair Opening Price
Predicted fair opening price on October 4, 2024 - $171.77 ( 0.134%). 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 | |
---|---|---|
R3 | 173.60 | 1.20% |
R2 | 172.90 | 0.793% |
R1 | 172.47 | 0.542% |
Price | 171.54 | |
S1 | 171.07 | -0.273% |
S2 | 170.64 | -0.525% |
S3 | 169.94 | -0.93% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 191.78 | 11.80% |
R2 | 184.68 | 7.66% |
R1 | 179.56 | 4.68% |
Price | 171.54 | |
S1 | 171.35 | -0.111% |
S2 | 170.75 | -0.461% |
S3 | 167.77 | -2.20% |
MSA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 01, 2024 | Aug 15, 2024 | Sep 10, 2024 | $0.510 | 0.297% |
2 | May 02, 2024 | May 14, 2024 | Jun 10, 2024 | $0.510 | 0.296% |
3 | Jan 16, 2024 | Feb 14, 2024 | Mar 10, 2024 | $0.470 | 0.253% |
4 | Oct 27, 2023 | Nov 14, 2023 | Dec 10, 2023 | $0.470 | 0.275% |
5 | Aug 01, 2023 | Aug 15, 2023 | Sep 10, 2023 | $0.470 | 0.274% |
FAQ
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