LiveRamp Holdings Inc. Stock Forecast
LiveRamp Holdings Inc. stock upgraded to Hold/Accumulate.
(Updated on Mar 27, 2024)
The LiveRamp Holdings Inc. stock price gained 0.478% on the last trading day (Wednesday, 27th Mar 2024), rising from $33.50 to $33.66. During the last trading day the stock fluctuated 2.01% from a day low at $33.27 to a day high of $33.94. The price has been going up and down for this period, and there has been a -1.46% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 142 thousand more shares were traded than the day before. In total, 535 thousand shares were bought and sold for approximately $18.02 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 $32.40 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -12.20% during the next 3 months and, with a 90% probability hold a price between $28.45 and $34.27 at the end of this 3-month period.
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RAMP Signals & Forecast
There are mixed signals in the stock today. The LiveRamp Holdings 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 $33.94 and $35.46. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 1.66%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for LiveRamp Holdings Inc. stock
LiveRamp Holdings Inc. finds support from accumulated volume at $33.60 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 $0.667 between high and low, or 2.01%. For the last week the stock has had daily average volatility of 1.96%.
Our recommended stop-loss: $31.73 (-5.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (RAMP) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect LiveRamp Holdings Inc. to open at $33.62, and during the day (based on 14 day Average True Range), to move between $32.82 and $34.50, which gives a possible trading interval of +/-$0.84 (+/-2.50%) up or down from last closing price. If LiveRamp Holdings Inc. takes out the full calculated possible swing range there will be an estimated 4.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $33.60 (0.18%) than the resistance at $37.45 (11.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LiveRamp Holdings Inc. stock A Buy?
LiveRamp Holdings 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.063 Hold/Accumulate Upgraded
Predicted Opening Price for LiveRamp Holdings Inc. of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$33.62 ( 0.112%) | $33.66 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RAMP
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 34.29 | 1.87 % | |
R2 | 34.03 | 1.11 % | ||
R1 | 33.88 | 0.645 % | ||
Current price: | 33.66 | |||
Support | S1 | 33.37 | -0.87 % | |
S2 | 33.21 | -1.34 % | ||
S3 | 32.96 | -2.09 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 41.12 | 22.16 % | |
R2 | 38.85 | 15.42 % | ||
R1 | 37.45 | 11.26 % | ||
Current price | 33.66 | |||
Support | S1 | 33.60 | -0.178% | |
S2 | 33.50 | -0.475% | ||
S3 | 33.11 | -1.63% |
RAMP Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 06, 2008 | Aug 19, 2008 | Sep 08, 2008 | $0.0600 | 0.410% |
2 | May 23, 2008 | May 30, 2008 | Jun 23, 2008 | $0.0600 | 0.464% |
3 | Feb 13, 2008 | Feb 21, 2008 | Mar 17, 2008 | $0.0600 | 0.546% |
4 | Oct 26, 2007 | Nov 01, 2007 | Nov 26, 2007 | $0.0600 | 0.510% |
5 | Feb 02, 2007 | Feb 08, 2007 | Mar 05, 2007 | $0.0600 | 0.286% |
FAQ
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