Post Holdings Inc Stock Forecast
Green day on Thursday for Post Holdings Inc
(Updated on Apr 18, 2024)
The Post Holdings Inc stock price gained 1.51% on the last trading day (Thursday, 18th Apr 2024), rising from $101.39 to $102.92. During the last trading day the stock fluctuated 1.16% from a day low at $101.80 to a day high of $102.98. The price has been going up and down for this period, and there has been a 1.4% gain for the last 2 weeks. Volume fell on the last day by -133 thousand shares and in total, 286 thousand shares were bought and sold for approximately $29.49 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 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 7.11% during the next 3 months and, with a 90% probability hold a price between $105.49 and $116.33 at the end of this 3-month period.
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POST Signals & Forecast
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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Post Holdings Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $103.60. On a fall, the stock will find some support from the short-term average at $101.29. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -3.70%. 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 Post Holdings Inc stock
Post Holdings Inc finds support from accumulated volume at $101.01 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 $1.18 (1.16%) between high and low. For the last week, the stock has had daily average volatility of 1.32%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (POST) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Post Holdings Inc to open at $102.57, and during the day (based on 14 day Average True Range), to move between $101.47 and $104.37, which gives a possible trading interval of +/-$1.45 (+/-1.41%) up or down from last closing price. If Post Holdings Inc takes out the full calculated possible swing range there will be an estimated 2.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $103.73 (0.79%) than the support at $101.01 (1.86%), 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 Post Holdings Inc stock A Buy?
The Post Holdings Inc stock holds several negative signals and despite the positive trend, we believe Post Holdings Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.718 Sell Candidate Unchanged
Predicted Opening Price for Post Holdings Inc of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $102.57 ( 0.343%) | $102.92 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for POST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 103.75 | 0.80 % | |
| R2 | 103.30 | 0.365 % | ||
| R1 | 103.02 | 0.0947 % | ||
| Current price: | 102.92 | |||
| Support | S1 | 102.12 | -0.781 % | |
| S2 | 101.84 | -1.05 % | ||
| S3 | 101.39 | -1.49 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 106.47 | 3.45 % | |
| R2 | 104.26 | 1.30 % | ||
| R1 | 103.73 | 0.787 % | ||
| Current price | 102.92 | |||
| Support | S1 | 101.01 | -1.86% | |
| S2 | 94.64 | -8.05% | ||
| S3 | 92.87 | -9.76% |
FAQ
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