AllianzGI NFJ Dividend Intr & Premium Stock Forecast
Green day on Monday for AllianzGI NFJ Dividend Intr & Premium
(Updated on Jun 17, 2024)
The AllianzGI NFJ Dividend Intr & Premium stock price gained 0.0824% on the last trading day (Monday, 17th Jun 2024), rising from $12.14 to $12.15. During the last trading day the stock fluctuated 0.662% from a day low at $12.09 to a day high of $12.17. The price has been going up and down for this period, and there has been a -1.14% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 18 thousand more shares were traded than the day before. In total, 200 thousand shares were bought and sold for approximately $2.43 million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect AllianzGI NFJ Dividend Intr & Premium stock with a 90% probability to be traded between $11.71 and $12.73 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
NFJ Signals & Forecast
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. The AllianzGI NFJ Dividend Intr & Premium 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 $12.27 and $12.28. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -3.26%. 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).
Support, Risk & Stop-loss for AllianzGI NFJ Dividend Intr & Premium stock
AllianzGI NFJ Dividend Intr & Premium finds support from accumulated volume at $12.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.0800 between high and low, or 0.662%. For the last week the stock has had daily average volatility of 0.639%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NFJ) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect AllianzGI NFJ Dividend Interest & Premium Strategy Fund to open at $12.14, and during the day (based on 14 day Average True Range), to move between $12.02 and $12.28, which gives a possible trading interval of +/-$0.131 (+/-1.08%) up or down from last closing price. If AllianzGI NFJ Dividend Interest & Premium Strategy Fund takes out the full calculated possible swing range there will be an estimated 2.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $12.25 (0.82%) than the support at $12.04 (0.91%), 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 AllianzGI NFJ Dividend Interest & Premium Strategy Fund stock A Buy?
AllianzGI NFJ Dividend Intr & Premium holds several negative signals and is within a 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.
Current score: -2.586 Sell Candidate Unchanged
Predicted Opening Price for AllianzGI NFJ Dividend Interest & Premium Strategy Fund of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $12.14 ( 0.110%) | $12.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NFJ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.22 | 0.549% |
| R2 | 12.19 | 0.297% |
| R1 | 12.17 | 0.142% |
| Price | 12.15 | |
| S1 | 12.11 | -0.361% |
| S2 | 12.09 | -0.517% |
| S3 | 12.06 | -0.768% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.78 | 5.19% |
| R2 | 12.30 | 1.23% |
| R1 | 12.25 | 0.82% |
| Price | 12.15 | |
| S1 | 12.04 | -0.91% |
| S2 | 11.91 | -1.98% |
| S3 | 11.83 | -2.63% |
NFJ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 01, 2024 | Mar 08, 2024 | Mar 28, 2024 | $0.280 | 2.19% |
| 2 | Nov 16, 2023 | Dec 08, 2023 | Dec 22, 2023 | $0.245 | 1.98% |
| 3 | Aug 31, 2023 | Sep 08, 2023 | Sep 22, 2023 | $0.245 | 2.11% |
| 4 | Mar 16, 2023 | Jun 09, 2023 | Jun 23, 2023 | $0.245 | 2.06% |
| 5 | Jan 12, 2023 | Mar 10, 2023 | Mar 24, 2023 | $0.245 | 2.15% |
FAQ
Click here for our free guide on how to buy AllianzGI NFJ Dividend Interest & Premium Strategy Fund Stock.
