Quad Graphics Inc Stock Forecast
A very red day for Quad Graphics Inc stock price after a -5.61% fall in the Monday trading session
(Updated on May 06, 2024)
The Quad Graphics Inc stock price fell by -5.61% on the last day (Monday, 6th May 2024) from $4.81 to $4.54. During the last trading day the stock fluctuated 7.06% from a day low at $4.53 to a day high of $4.85. The price has been going up and down for this period, and there has been a -1.73% loss for the last 2 weeks. Volume has increased on the last day by 51 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 316 thousand shares were bought and sold for approximately $1.44 million.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.41 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -19.07% during the next 3 months and, with a 90% probability hold a price between $3.57 and $4.35 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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QUAD Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 1.11%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Quad Graphics Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.59 and $4.93. A break-up above any of these levels will issue buy signals. Quad Graphics Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Quad Graphics Inc stock
Quad Graphics Inc finds support from accumulated volume at $4.53 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.320 between high and low, or 7.06%. For the last week, the stock has had daily average volatility of 4.87%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (QUAD) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Quad Graphics Inc to open at $4.64, and during the day (based on 14 day Average True Range), to move between $4.30 and $4.78, which gives a possible trading interval of +/-$0.242 (+/-5.33%) up or down from last closing price. If Quad Graphics Inc takes out the full calculated possible swing range there will be an estimated 10.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $4.53 (0.22%) than the resistance at $4.63 (1.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Quad Graphics Inc stock A Buy?
Quad Graphics Inc holds several negative signals and is within a wide and 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -3.479 Sell Candidate Downgraded
Predicted Opening Price for Quad Graphics Inc of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| $4.64 ( 2.20%) | $4.54 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for QUAD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.96 | 9.25 % | |
| R2 | 4.84 | 6.56 % | ||
| R1 | 4.76 | 4.90 % | ||
| Current price: | 4.54 | |||
| Support | S1 | 4.52 | -0.490 % | |
| S2 | 4.44 | -2.15 % | ||
| S3 | 4.32 | -4.85 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.29 | 16.52 % | |
| R2 | 4.66 | 2.64 % | ||
| R1 | 4.63 | 1.98 % | ||
| Current price | 4.54 | |||
| Support | S1 | 4.53 | -0.220% | |
| S2 | 4.52 | -0.441% | ||
| S3 | 4.51 | -0.661% |
QUAD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | May 21, 2024 | Jun 07, 2024 | $0.0500 | 1.10% |
| 2 | Feb 16, 2024 | Feb 27, 2024 | Mar 12, 2024 | $0.0500 | 0.99% |
| 3 | Feb 16, 2024 | Feb 26, 2024 | Mar 12, 2024 | $0.0500 | 0.99% |
| 4 | Feb 18, 2020 | Feb 27, 2020 | Mar 09, 2020 | $0.150 | 4.41% |
| 5 | Oct 29, 2019 | Nov 15, 2019 | Dec 06, 2019 | $0.150 | 3.33% |
FAQ
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