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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 MTCH
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Match Group stock price down 0.440% on Tuesday
(Updated on Jun 11, 2024)

Buy candidate since Jun 10, 2024 Loss -0.44% PDF

The Match Group stock price fell by -0.440% on the last day (Tuesday, 11th Jun 2024) from $31.85 to $31.71. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.79% from a day low at $31.25 to a day high of $31.81. The price has risen in 7 of the last 10 days and is up by 8.04% over the past 2 weeks. 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 -348 thousand shares and in total, 3 million shares were bought and sold for approximately $79.95 million.

The stock lies the upper part of a wide and falling 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 $32.44 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -14.23% during the next 3 months and, with a 90% probability hold a price between $24.44 and $27.83 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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MTCH Signals & Forecast

The Match Group 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 $31.69 and $31.02. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 28, 2024, and so far it has risen 8.04%. Further rise is indicated until a new top pivot has been found. 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. 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 Match Group stock

Match Group finds support from accumulated volume at $31.51 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 $0.560 between high and low, or 1.79%. For the last week, the stock has had daily average volatility of 2.58%.

Our recommended stop-loss: $29.97 (-5.50%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (MTCH) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Match Group to open at $31.59, and during the day (based on 14 day Average True Range), to move between $30.87 and $32.55, which gives a possible trading interval of +/-$0.84 (+/-2.65%) up or down from last closing price. If Match Group takes out the full calculated possible swing range there will be an estimated 5.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $31.51 (0.63%) than the resistance at $31.94 (0.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Match Group stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.391 Buy Candidate Unchanged

Predicted Opening Price for Match Group of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$31.59 ( 0.378%) $31.71

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

Trading levels for MTCH

Fibonacci Support & Resistance Levels

Level Price
R3 32.15 1.39%
R2 31.94 0.713%
R1 31.80 0.296%
Price 31.71
S1 31.38 -1.05%
S2 31.24 -1.47%
S3 31.03 -2.14%

Accumulated Volume Support & Resistance Levels

Level Price
R3 33.55 5.80%
R2 33.32 5.08%
R1 31.94 0.725%
Price 31.71
S1 31.51 -0.631%
S2 31.36 -1.10%
S3 29.82 -5.96%

MTCH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 07, 2018 Dec 04, 2018 Dec 19, 2018 $2.00 4.88%
2 Oct 27, 2015 Nov 10, 2015 Dec 01, 2015 $0.0971 0.682%
3 Jul 28, 2015 Aug 12, 2015 Sep 01, 2015 $0.0971 0.492%
4 Apr 28, 2015 May 13, 2015 Jun 01, 2015 $0.0971 0.442%
5 Feb 03, 2015 Feb 11, 2015 Mar 01, 2015 $0.0971 0.504%

FAQ

What is the symbol for Match Group Stock and on which exchange is it traded?
The symbol for Match Group is MTCH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Match Group Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Match Group Stock?
As of the end of day on the Jun 11, 2024, the price of an Match Group (MTCH) share was $31.71.

What is the 52-week high and low for Match Group Stock?
The 52-week high for Match Group Stock is $49.24 and the 52-week low is $27.66.

What is the market capitalization of Match Group Stock?
As of the Jun 11, 2024, the market capitalization of Match Group is 8.462B.

When is the next earnings date for Match Group?
The upcoming earnings date for Match Group is Aug 06, 2024.
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About Match Group

Match Group Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.... MTCH Profile

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