Sabre Corporation Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Thursday for Sabre Corporation
(Updated on Apr 25, 2024)
No changes to the price of Sabre Corporation stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 4.91% from a day low at $2.65 to a day high of $2.78. The price has fallen in 5 of the last 10 days but is still up by 0.73% over the past 2 weeks.
The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $2.73, a level that may pose a second chance to hit a runner. According to fan-theory $4.39 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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SABR Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen 0%. 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). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The Sabre Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $2.66 and $2.41. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Sabre Corporation stock
Sabre Corporation finds support from accumulated volume at $2.66 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 $0.130 between high and low, or 4.91%. For the last week, the stock has had daily average volatility of 6.54%.
Our recommended stop-loss: $2.65 (-3.88%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (SABR) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Sabre Corporation to open at $2.73, and during the day (based on 14 day Average True Range), to move between $2.60 and $2.92, which gives a possible trading interval of +/-$0.165 (+/-5.96%) up or down from last closing price. If Sabre Corporation takes out the full calculated possible swing range there will be an estimated 11.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $2.77 (0.36%) than the support at $2.66 (3.62%), 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.
Earnings coming up
Sabre Corporation will release earnings BMO on Thursday, May 02, 2024.The consensus among the analysts for the expected earnings (EPS) is -$0.0500. We will update the financials statements for Sabre Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 13.60% in the first trading day after earnings release.
Is Sabre Corporation stock A Buy?
Sabre Corporation 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: -0.693 Hold/Accumulate Unchanged
Predicted Opening Price for Sabre Corporation of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $2.73 ( 1.09%) | $2.76 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SABR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.86 | 3.62 % | |
| R2 | 2.81 | 1.82 % | ||
| R1 | 2.78 | 0.712 % | ||
| Current price: | 2.76 | |||
| Support | S1 | 2.68 | -2.89 % | |
| S2 | 2.65 | -4.00 % | ||
| S3 | 2.60 | -5.80 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.42 | 23.91 % | |
| R2 | 2.96 | 7.25 % | ||
| R1 | 2.77 | 0.362 % | ||
| Current price | 2.76 | |||
| Support | S1 | 2.66 | -3.62% | |
| S2 | 2.63 | -4.71% | ||
| S3 | 2.42 | -12.32% |
SABR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 26, 2020 | Mar 19, 2020 | Mar 30, 2020 | $0.140 | 2.25% |
| 2 | Dec 10, 2019 | Dec 19, 2019 | Dec 30, 2019 | $0.140 | 0.623% |
| 3 | Jul 23, 2019 | Sep 19, 2019 | Sep 30, 2019 | $0.140 | 0.625% |
| 4 | Apr 23, 2019 | Jun 20, 2019 | Jun 28, 2019 | $0.140 | 0.631% |
| 5 | Feb 10, 2019 | Mar 20, 2019 | Mar 29, 2019 | $0.140 | 0.655% |
FAQ
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