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 SEM
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Select Medical Holdings Corporation stock upgraded from Buy Candidate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 23, 2024 Gain 3.33% PDF

The Select Medical Holdings Corporation stock price gained 2.43% on the last trading day (Wednesday, 27th Mar 2024), rising from $28.75 to $29.45. During the last trading day the stock fluctuated 1.72% from a day low at $29.05 to a day high of $29.55. The price has risen in 6 of the last 10 days and is up by 3.01% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 200 thousand more shares were traded than the day before. In total, 400 thousand shares were bought and sold for approximately $11.77 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.60% during the next 3 months and, with a 90% probability hold a price between $31.49 and $34.87 at the end of this 3-month period.

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SEM Signals & Forecast

The Select Medical Holdings 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 $29.00 and $27.77. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 8.67%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Wednesday, February 07, 2024 with a target of $27.30. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for Select Medical Holdings Corporation stock

Select Medical Holdings Corporation finds support from accumulated volume at $28.50 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 $0.500 (1.72%) between high and low. For the last week, the stock has had daily average volatility of 1.71%.

Our recommended stop-loss: $27.79 (-5.64%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 20 days ago.)

Trading Expectations (SEM) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Select Medical Holdings Corporation to open at $29.35, and during the day (based on 14 day Average True Range), to move between $28.81 and $30.09, which gives a possible trading interval of +/-$0.642 (+/-2.18%) up or down from last closing price. If Select Medical Holdings Corporation takes out the full calculated possible swing range there will be an estimated 4.36% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $28.50, some $0.95 (3.23%) from the current price of $29.45, our system finds the risk reward attractive.

Is Select Medical Holdings Corporation stock A Buy?

Select Medical Holdings Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.678 Strong Buy Candidate Upgraded

Predicted Opening Price for Select Medical Holdings Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$29.35 ( 0.339%) $29.45

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

Trading levels for SEM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.85 1.36 %
R2 29.66 0.710 %
R1 29.54 0.309 %
Current price: 29.45
Support S1 29.16 -0.99 %
S2 29.04 -1.39 %
S3 28.85 -2.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 29.45
Support S1 28.50 -3.23%
S2 26.87 -8.76%
S3 26.15 -11.21%

SEM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Feb 29, 2024 Mar 13, 2024 $0.125 0.437%
2 Nov 02, 2023 Nov 14, 2023 Nov 28, 2023 $0.130 0.568%
3 Aug 03, 2023 Aug 14, 2023 Sep 01, 2023 $0.125 0.430%
4 May 04, 2023 May 17, 2023 Sep 01, 2023 $0.125 0.430%
5 Feb 16, 2023 Mar 02, 2023 Mar 15, 2023 $0.125 0.499%

FAQ

What is the symbol for Select Medical Holdings Corporation Stock and on which exchange is it traded?
The symbol for Select Medical Holdings Corporation is SEM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Select Medical Holdings Corporation Stock?
Select Medical Holdings Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

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

What's the current price of Select Medical Holdings Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Select Medical Holdings Corporation (SEM) share was $29.45.

What is the 52-week high and low for Select Medical Holdings Corporation Stock?
The 52-week high for Select Medical Holdings Corporation Stock is $33.49 and the 52-week low is $21.28.

What is the market capitalization of Select Medical Holdings Corporation Stock?
As of the 2024-03-27, the market capitalization of Select Medical Holdings Corporation is 3.69B.

When is the next earnings date for Select Medical Holdings Corporation?
The upcoming earnings date for Select Medical Holdings Corporation is May 02, 2024.
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About Select Medical Holdings Corporation

Select Medical Holdings Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. The company's Critical Illness Recovery Hospital segment consists of hospitals that provide services for heart failure, infectious disease, respiratory failure and pulmonary disease, surgery requiring prolonged recovery, renal... SEM Profile

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