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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 SAP.JO
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Green day on Friday for Sappi Limited
(Updated on Jun 14, 2024)

Sell candidate since Jun 11, 2024 Gain 1.77% PDF

The Sappi Limited stock price gained 0.88% on the last trading day (Friday, 14th Jun 2024), rising from $4,900.00 to $4,943.00. During the last trading day the stock fluctuated 2.85% from a day low at $4,836.00 to a day high of $4,974.00. The price has fallen in 8 of the last 10 days and is down by -7.68% for this period. Volume fell on the last day by -133 thousand shares and in total, 1 million shares were bought and sold for approximately $7.35 billion. 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 lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4,863.15 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.17% during the next 3 months and, with a 90% probability hold a price between $4,968.86 and $5,908.51 at the end of this 3-month period.

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SAP.JO Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 1.77%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Sappi Limited 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 $4,955.71 and $5,308.89. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Sappi Limited stock

Sappi Limited finds support from accumulated volume at $4,920.00 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 $138.00 between high and low, or 2.85%. For the last week, the stock has had daily average volatility of 2.83%.

Sappi Limited is oversold on RSI14 (12). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SAP.JO) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Sappi Limited to open at $4,917.67, and during the day (based on 14 day Average True Range), to move between $4,780.77 and $5,105.23, which gives a possible trading interval of +/-$162.23 (+/-3.28%) up or down from last closing price. If Sappi Limited takes out the full calculated possible swing range there will be an estimated 6.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4,920.00 (0.47%) than the resistance at $4,977.00 (0.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Sappi Limited stock A Buy?

The Sappi Limited stock holds several negative signals and despite the positive trend, we believe Sappi Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.467 Sell Candidate Unchanged

Predicted Opening Price for Sappi Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
$4,917.67 ( 0.513%) $4,943.00

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

Trading levels for SAP.JO

Fibonacci Support & Resistance Levels

Level Price
R3 5,055.67 2.28%
R2 5,002.95 1.21%
R1 4,970.38 0.554%
Price 4,943.00
S1 4,864.95 -1.58%
S2 4,832.38 -2.24%
S3 4,779.67 -3.30%

Accumulated Volume Support & Resistance Levels

Level Price
R3 5,399.00 9.23%
R2 5,185.00 4.90%
R1 4,977.00 0.688%
Price 4,943.00
S1 4,920.00 -0.465%
S2 4,901.00 -0.85%
S3 4,900.00 -0.87%

SAP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 10, 2024 Jan 10, 2024 Jan 15, 2024 $5,118.39 116.27%
2 Jan 11, 2023 Jan 11, 2023 Jan 11, 2023 $267.28 5.47%
3 Jan 09, 2019 Jan 09, 2019 Jan 09, 2019 $245.34 3.17%
4 Jan 10, 2018 Jan 10, 2018 Jan 10, 2018 $215.56 2.52%
5 Jan 11, 2017 Jan 11, 2017 Jan 11, 2017 $149.24 1.67%

FAQ

What is the symbol for Sappi Limited Stock and on which exchange is it traded?
The symbol for Sappi Limited is SAP.JO and it is traded on the JNB (Johannesburg).

Should I buy or sell Sappi Limited Stock?
The Sappi Limited stock holds several negative signals and despite the positive trend, we believe Sappi Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of Sappi Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Sappi Limited (SAP.JO) share was $4,943.00.

What is the 52-week high and low for Sappi Limited Stock?
The 52-week high for Sappi Limited Stock is $5,761.00 and the 52-week low is $3,627.00.

What is the market capitalization of Sappi Limited Stock?
As of the Jun 14, 2024, the market capitalization of Sappi Limited is 29.578B.

When is the next earnings date for Sappi Limited?
The upcoming earnings date for Sappi Limited is Aug 08, 2024.
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