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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RJF
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Green day on Thursday for Raymond James Financial Inc stock after gaining 0.0841%
(Updated on Jun 20, 2024)

Hold candidate since Jun 18, 2024 Gain 0.08% PDF

The Raymond James Financial Inc stock price gained 0.0841% on the last trading day (Thursday, 20th Jun 2024), rising from $118.96 to $119.06. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.42% from a day low at $117.49 to a day high of $119.15. The price has fallen in 6 of the last 10 days and is down by -1.45% for this period. Volume fell on the last day by -163 thousand shares and in total, 972 thousand shares were bought and sold for approximately $115.78 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 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 -6.26% during the next 3 months and, with a 90% probability hold a price between $108.05 and $116.32 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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RJF Signals & Forecast

There are mixed signals in the stock today. The Raymond James Financial 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 $122.52. On a fall, the stock will find some support from the short-term average at $117.85. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 2.93%. Further rise is indicated until a new top pivot has been found. 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.

Support, Risk & Stop-loss for Raymond James Financial Inc stock

Raymond James Financial Inc finds support from accumulated volume at $118.96 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 $1.67 (1.42%) between high and low. For the last week, the stock has had daily average volatility of 1.59%.

Our recommended stop-loss: $114.48 (-3.84%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 51 days ago.)

Trading Expectations (RJF) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Raymond James Financial Inc to open at $118.57, and during the day (based on 14 day Average True Range), to move between $116.91 and $121.21, which gives a possible trading interval of +/-$2.15 (+/-1.81%) up or down from last closing price. If Raymond James Financial Inc takes out the full calculated possible swing range there will be an estimated 3.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $118.96 (0.08%) than the resistance at $121.95 (2.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Raymond James Financial Inc stock A Buy?

Raymond James Financial 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: -0.272 Hold/Accumulate Unchanged

Predicted Opening Price for Raymond James Financial Inc of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$118.57 ( 0.416%) $119.06

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

Trading levels for RJF

Fibonacci Support & Resistance Levels

Level Price
R3 120.23 0.98%
R2 119.59 0.449%
R1 119.20 0.119%
Price 119.06
S1 117.93 -0.95%
S2 117.54 -1.28%
S3 116.90 -1.81%

Accumulated Volume Support & Resistance Levels

Level Price
R3 123.60 3.81%
R2 122.55 2.93%
R1 121.95 2.43%
Price 119.06
S1 118.96 -0.0840%
S2 118.81 -0.210%
S3 117.27 -1.50%

RJF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 01, 2024 Jul 01, 2024 Jul 15, 2024 $0.450 0.378%
2 May 20, 2024 Jun 28, 2024 Jul 15, 2024 $0.450 0.378%
3 Feb 23, 2024 Mar 28, 2024 Apr 15, 2024 $0.450 0.367%
4 Nov 30, 2023 Dec 29, 2023 Jan 16, 2024 $0.450 0.412%
5 Aug 21, 2023 Sep 29, 2023 Oct 16, 2023 $0.420 0.414%

FAQ

What is the symbol for Raymond James Financial Inc Stock and on which exchange is it traded?
The symbol for Raymond James Financial Inc is RJF and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Raymond James Financial Inc Stock?
Raymond James Financial 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 Raymond James Financial Inc Stock?
Raymond James Financial 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 Raymond James Financial Inc Stock.

What's the current price of Raymond James Financial Inc Stock?
As of the end of day on the Jun 20, 2024, the price of an Raymond James Financial Inc (RJF) share was $119.06.

What is the 52-week high and low for Raymond James Financial Inc Stock?
The 52-week high for Raymond James Financial Inc Stock is $131.19 and the 52-week low is $91.72.

What is the market capitalization of Raymond James Financial Inc Stock?
As of the Jun 20, 2024, the market capitalization of Raymond James Financial Inc is 24.678B.

When is the next earnings date for Raymond James Financial Inc?
The upcoming earnings date for Raymond James Financial Inc is Jul 24, 2024.
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About Raymond James Financial Inc

Raymond James Financial Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including... RJF Profile

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