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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 QSR
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Green day on Friday for Restaurant Brands International Inc stock after gaining 0.493%
(Updated on Jun 21, 2024)

Hold candidate since Jun 18, 2024 Gain 0.54% PDF

The Restaurant Brands International Inc stock price gained 0.493% on the last trading day (Friday, 21st Jun 2024), rising from $68.90 to $69.24. During the last trading day the stock fluctuated 1.78% from a day low at $68.36 to a day high of $69.58. The price has risen in 6 of the last 10 days but is still down by -2.57% for this period. Volume fell on the last day by -2 million shares and in total, 2 million shares were bought and sold for approximately $106.77 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 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 -11.76% during the next 3 months and, with a 90% probability hold a price between $56.35 and $62.48 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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QSR Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 4.45%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Restaurant Brands International 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 $70.24. On a fall, the stock will find some support from the short-term average at $69.06. 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.

Support, Risk & Stop-loss for Restaurant Brands International Inc stock

Restaurant Brands International Inc finds support from accumulated volume at $68.90 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 $1.22 between high and low, or 1.78%. For the last week the stock has had daily average volatility of 1.47%.

Our recommended stop-loss: $66.46 (-4.02%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 36 days ago.)

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

For the upcoming trading day on Monday, 24th we expect Restaurant Brands International Inc to open at $69.06, and during the day (based on 14 day Average True Range), to move between $67.97 and $70.51, which gives a possible trading interval of +/-$1.27 (+/-1.84%) up or down from last closing price. If Restaurant Brands International Inc takes out the full calculated possible swing range there will be an estimated 3.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $68.90 (0.49%) than the resistance at $73.24 (5.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Restaurant Brands International Inc stock A Buy?

Restaurant Brands International Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.540 Hold/Accumulate Unchanged

Predicted Opening Price for Restaurant Brands International Inc of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$69.06 ( 0.260%) $69.24

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

Trading levels for QSR

Fibonacci Support & Resistance Levels

Level Price
R3 70.28 1.50%
R2 69.81 0.83%
R1 69.53 0.413%
Price 69.24
S1 68.59 -0.93%
S2 68.31 -1.35%
S3 67.84 -2.02%

Accumulated Volume Support & Resistance Levels

Level Price
R3 75.85 9.55%
R2 73.84 6.64%
R1 73.24 5.78%
Price 69.24
S1 68.90 -0.491%
S2 68.78 -0.664%
S3 68.58 -0.95%

QSR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 30, 2024 Jun 20, 2024 Jul 05, 2024 $0.580 0.84%
2 Mar 20, 2024 Mar 20, 2024 Apr 04, 2024 $0.580 0.778%
3 Nov 03, 2023 Dec 20, 2023 Jan 04, 2024 $0.550 0.721%
4 Aug 08, 2023 Sep 19, 2023 Oct 04, 2023 $0.550 0.86%
5 May 02, 2023 Jun 21, 2023 Jul 06, 2023 $0.550 0.728%

FAQ

What is the symbol for Restaurant Brands International Inc Stock and on which exchange is it traded?
The symbol for Restaurant Brands International Inc is QSR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Restaurant Brands International Inc Stock?
Restaurant Brands International Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Restaurant Brands International Inc Stock?
Restaurant Brands International Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Restaurant Brands International Inc Stock.

What's the current price of Restaurant Brands International Inc Stock?
As of the end of day on the Jun 21, 2024, the price of an Restaurant Brands International Inc (QSR) share was $69.24.

What is the 52-week high and low for Restaurant Brands International Inc Stock?
The 52-week high for Restaurant Brands International Inc Stock is $83.29 and the 52-week low is $61.77.

What is the market capitalization of Restaurant Brands International Inc Stock?
As of the Jun 21, 2024, the market capitalization of Restaurant Brands International Inc is 21.799B.

When is the next earnings date for Restaurant Brands International Inc?
The upcoming earnings date for Restaurant Brands International Inc is Aug 08, 2024.
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About Restaurant Brands International Inc

Restaurant Brands International Restaurant Brands International Inc. operates as quick service restaurant company in Canada and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bage... QSR Profile

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