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 OTGLY
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Green day on Thursday for CD Projekt S.A.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 2.24% PDF

The CD Projekt S.A. stock price gained 1.81% on the last trading day (Thursday, 28th Mar 2024), rising from $7.18 to $7.31. During the last trading day the stock fluctuated 2.37% from a day low at $7.18 to a day high of $7.35. The price has risen in 6 of the last 10 days but is still down by -1.95% for this period. Volume fell on the last day by -395 thousand shares and in total, 10 thousand shares were bought and sold for approximately $73.17 thousand. 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 lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.50% during the next 3 months and, with a 90% probability hold a price between $7.23 and $8.19 at the end of this 3-month period.

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OTGLY Signals & Forecast

The CD Projekt S.A. 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 $7.17 and $7.02. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Thursday, March 14, 2024, and so far it has fallen -1.95%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for CD Projekt S.A. stock

CD Projekt S.A. finds support from accumulated volume at $7.20 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.170 between high and low, or 2.37%. For the last week the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: $7.04 (-3.69%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (OTGLY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect CD Projekt S.A. to open at $7.28, and during the day (based on 14 day Average True Range), to move between $7.11 and $7.51, which gives a possible trading interval of +/-$0.204 (+/-2.79%) up or down from last closing price. If CD Projekt S.A. takes out the full calculated possible swing range there will be an estimated 5.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.38 (0.96%) than the support at $7.20 (1.50%), 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 CD Projekt S.A. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CD Projekt S.A. stock to perform well in the short-term.

Current score: 4.797 Buy Candidate Unchanged

Predicted Opening Price for CD Projekt S.A. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$7.28 ( 0.410%) $7.31

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

Trading levels for OTGLY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.45 1.92 %
R2 7.39 1.03 %
R1 7.34 0.478 %
Current price: 7.31
Support S1 7.22 -1.30 %
S2 7.17 -1.85 %
S3 7.11 -2.74 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.46 1.98 %
R2 7.43 1.59 %
R1 7.38 0.96 %
Current price 7.31
Support S1 7.20 -1.50%
S2 7.18 -1.78%
S3 6.93 -5.20%

OTGLY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 08, 2023 Jun 12, 2023 Jul 05, 2023 $0.0600 0.677%
2 Jun 30, 2022 Jul 01, 2022 Jul 26, 2022 $0.0570 1.13%
3 May 28, 2021 May 28, 2021 May 28, 2021 $0.327 2.74%

FAQ

What is the symbol for CD Projekt S.A. Stock and on which exchange is it traded?
The symbol for CD Projekt S.A. is OTGLY and it is traded on the OTCMKTS (OTC Markets Group).

Should I buy or sell CD Projekt S.A. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CD Projekt S.A. stock to perform well in the short-term.

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

What's the current price of CD Projekt S.A. Stock?
As of the end of day on the 2024-03-28, the price of an CD Projekt S.A. (OTGLY) share was $7.31.

What is the 52-week high and low for CD Projekt S.A. Stock?
The 52-week high for CD Projekt S.A. Stock is $10.46 and the 52-week low is $5.95.

What is the market capitalization of CD Projekt S.A. Stock?
As of the 2024-03-28, the market capitalization of CD Projekt S.A. is 2.921B.
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About CD Projekt S.A.

CD Projekt S.A. CD Projekt S.A., together its subsidiaries, engages in the development, publishing, and digital distribution of videogames for personal computers and video game consoles worldwide. It operates through two segments, CD PROJEKT RED and GOG.com. The company's product portfolio comprises The Witcher; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077. It also... OTGLY Profile

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