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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 OLED
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Green day on Friday for Universal Display Corporation stock after gaining 1.11%
(Updated on Jun 21, 2024)

Buy or Hold candidate since May 30, 2024 Gain 19.13% PDF

The Universal Display Corporation stock price gained 1.11% on the last trading day (Friday, 21st Jun 2024), rising from $207.12 to $209.42. During the last trading day the stock fluctuated 2.27% from a day low at $205.43 to a day high of $210.09. The price has risen in 8 of the last 10 days and is up by 14.82% over the past 2 weeks. Volume fell on the last day by -85 thousand shares and in total, 332 thousand shares were bought and sold for approximately $69.60 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $199.58, a level that may pose a second chance to hit a runner. According to fan-theory $223.41 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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OLED Signals & Forecast

Mostly positive signals in the chart today. The Universal Display Corporation 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 $205.94 and $182.27. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 37.18%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Thursday, July 27, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, July 27, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Universal Display Corporation stock

Universal Display Corporation finds support from accumulated volume at $204.43 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.66 between high and low, or 2.27%. For the last week, the stock has had daily average volatility of 2.79%.

The Universal Display Corporation stock is extremely overbought on RSI14 (88). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $203.68 (-2.74%) (This stock has high daily movements and this gives high risk. The RSI14 is 88 and this increases the risk substantially. There is a buy signal from a pivot bottom found 43 days ago.)

Trading Expectations (OLED) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Universal Display Corporation to open at $208.31, and during the day (based on 14 day Average True Range), to move between $204.22 and $214.62, which gives a possible trading interval of +/-$5.20 (+/-2.48%) up or down from last closing price. If Universal Display Corporation takes out the full calculated possible swing range there will be an estimated 4.97% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $204.43, some $4.99 (2.39%) from the current price of $209.42, our system finds the risk reward attractive.

Is Universal Display Corporation stock A Buy?

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Universal Display Corporation stock to perform well in the short-term period.

Current score: 4.156 Buy Candidate Unchanged

Predicted Opening Price for Universal Display Corporation of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$208.31 ( 0.528%) $209.42

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

Trading levels for OLED

Fibonacci Support & Resistance Levels

Level Price
R3 212.97 1.70%
R2 211.19 0.85%
R1 210.09 0.322%
Price 209.42
S1 206.53 -1.38%
S2 205.43 -1.90%
S3 203.65 -2.75%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 209.42
S1 204.43 -2.39%
S2 202.67 -3.22%
S3 170.82 -18.43%

OLED Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024 $0.400 0.191%
2 Feb 22, 2024 Mar 14, 2024 Mar 29, 2024 $0.400 0.237%
3 Nov 02, 2023 Dec 14, 2023 Dec 29, 2023 $0.350 0.183%
4 Aug 01, 2023 Sep 14, 2023 Sep 29, 2023 $0.350 0.223%
5 May 02, 2023 Jun 15, 2023 Jun 30, 2023 $0.350 0.243%

FAQ

What is the symbol for Universal Display Corporation Stock and on which exchange is it traded?
The symbol for Universal Display Corporation is OLED and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Universal Display Corporation Stock?
Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Universal Display Corporation stock to perform well in the short-term period.

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

What's the current price of Universal Display Corporation Stock?
As of the end of day on the Jun 21, 2024, the price of an Universal Display Corporation (OLED) share was $209.42.

What is the 52-week high and low for Universal Display Corporation Stock?
The 52-week high for Universal Display Corporation Stock is $211.03 and the 52-week low is $133.67.

What is the market capitalization of Universal Display Corporation Stock?
As of the Jun 21, 2024, the market capitalization of Universal Display Corporation is 9.935B.

When is the next earnings date for Universal Display Corporation?
The upcoming earnings date for Universal Display Corporation is Aug 01, 2024.
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About Universal Display Corporation

Universal Display Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. ... OLED Profile

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