NVR Inc Stock Forecast
NVR Inc stock price ended at $7,460.70 on Tuesday, after losing 0.287%.
(Updated on Jul 02, 2024)
The NVR Inc stock price fell by -0.287% on the last day (Tuesday, 2nd Jul 2024) from $7,482.16 to $7,460.70. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.19% from a day low at $7,424.00 to a day high of $7,512.00. The price has fallen in 6 of the last 10 days and is down by -2.96% 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 -344 shares and in total, 14 thousand shares were bought and sold for approximately $103.93 million.
The stock lies in the middle of a 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 -3.14% during the next 3 months and, with a 90% probability hold a price between $7,014.61 and $7,473.91 at the end of this 3-month period.
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NVR Signals & Forecast
There are few to no technical positive signals at the moment. The NVR Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $7,593.85 and $7,573.54. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -3.62%. 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). 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 NVR Inc stock
NVR Inc finds support from accumulated volume at $7,455.31 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 $88.00 between high and low, or 1.19%. For the last week the stock has had daily average volatility of 1.90%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NVR) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect NVR Inc to open at $7,465.57, and during the day (based on 14 day Average True Range), to move between $7,296.68 and $7,624.72, which gives a possible trading interval of +/-$164.02 (+/-2.20%) up or down from last closing price. If NVR Inc takes out the full calculated possible swing range there will be an estimated 4.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $7,455.31 (0.07%) than the resistance at $7,680.73 (2.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is NVR Inc stock A Buy?
NVR Inc 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: -3.205 Sell Candidate Unchanged
Predicted Opening Price for NVR Inc of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
$7,465.57 ( 0.0652%) | $7,460.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NVR
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 7,553.57 | 1.24% |
R2 | 7,519.95 | 0.794% |
R1 | 7,499.18 | 0.516% |
Price | 7,460.70 | |
S1 | 7,431.95 | -0.385% |
S2 | 7,411.18 | -0.664% |
S3 | 7,377.57 | -1.11% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 7,761.44 | 4.03% |
R2 | 7,685.00 | 3.01% |
R1 | 7,680.73 | 2.95% |
Price | 7,460.70 | |
S1 | 7,455.31 | -0.0722% |
S2 | 7,438.85 | -0.293% |
S3 | 7,356.13 | -1.40% |
NVR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 23, 1990 | Feb 23, 1990 | Feb 23, 1990 | $0.167 | 3.71% |
2 | Oct 26, 1989 | Oct 26, 1989 | Oct 26, 1989 | $0.230 | 3.54% |
3 | Jul 26, 1989 | Jul 26, 1989 | Jul 26, 1989 | $0.222 | 3.17% |
4 | Apr 19, 1989 | Apr 19, 1989 | Apr 19, 1989 | $0.202 | 3.05% |
5 | Feb 16, 1989 | Feb 16, 1989 | Feb 16, 1989 | $0.192 | 2.52% |
FAQ
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