Nature Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Nature stock price after Wednesday trading.
(Updated on May 01, 2024)
The Nature stock price fell by -0.720% on the last day (Wednesday, 1st May 2024) from $19.45 to $19.31. During the last trading day the stock fluctuated 3.47% from a day low at $19.25 to a day high of $19.92. The price has been going up and down for this period, and there has been a 2.66% gain for the last 2 weeks. Volume has increased on the last day by 8 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 45 thousand shares were bought and sold for approximately $871.89 thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $19.01 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.34% during the next 3 months and, with a 90% probability hold a price between $21.36 and $24.41 at the end of this 3-month period.
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NATR Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 4.15%. 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. The Nature 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 $19.54 and $19.63. A break-up above any of these levels will issue buy signals. Nature gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Nature stock
Nature finds support from accumulated volume at $18.79 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.669 (3.47%) between high and low. For the last week, the stock has had daily average volatility of 2.21%.
Our recommended stop-loss: $18.47 (-4.34%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (NATR) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Nature to open at $19.49, and during the day (based on 14 day Average True Range), to move between $18.74 and $19.88, which gives a possible trading interval of +/-$0.567 (+/-2.93%) up or down from last closing price. If Nature takes out the full calculated possible swing range there will be an estimated 5.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $19.41 (0.52%) than the support at $18.79 (2.69%), 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.
Earnings coming up
Nature will release earnings BMO on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.170. We will update the financials statements for Nature, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.80% in the first trading day after earnings release.
Is Nature stock A Buy?
Nature holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.580 Hold/Accumulate Upgraded
Predicted Opening Price for Nature of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $19.49 ( 0.95%) | $19.31 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NATR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20.16 | 4.41 % | |
| R2 | 19.91 | 3.09 % | ||
| R1 | 19.75 | 2.27 % | ||
| Current price: | 19.31 | |||
| Support | S1 | 19.24 | -0.376 % | |
| S2 | 19.08 | -1.19 % | ||
| S3 | 18.82 | -2.52 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20.11 | 4.14 % | |
| R2 | 19.89 | 3.00 % | ||
| R1 | 19.41 | 0.518 % | ||
| Current price | 19.31 | |||
| Support | S1 | 18.79 | -2.69% | |
| S2 | 17.48 | -9.48% | ||
| S3 | 17.20 | -10.93% |
NATR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 10, 2021 | Mar 26, 2021 | Apr 09, 2021 | $1.00 | 5.12% |
| 2 | Mar 08, 2017 | Mar 20, 2017 | Apr 03, 2017 | $0.100 | 1.02% |
| 3 | Nov 08, 2016 | Nov 21, 2016 | Dec 05, 2016 | $0.100 | 0.694% |
| 4 | Aug 08, 2016 | Aug 19, 2016 | Sep 02, 2016 | $0.100 | 0.710% |
| 5 | May 13, 2016 | May 23, 2016 | Jun 06, 2016 | $0.100 | 0.95% |
FAQ
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