SJW Corporation Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
AI Analysis of SJW
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Green day on Monday for SJW Corporation stock after gaining 1.83%
(Updated on Oct 14, 2024)
Sell candidate since Oct 08, 2024
Gain 2.88%
The SJW Corporation stock price gained 1.83% on the last trading day (Monday, 14th Oct 2024), rising from $57.45 to $58.50. During the last trading day the stock fluctuated 2.46% from a day low at $57.64 to a day high of $59.06. The price has fallen in 6 of the last 10 days but is still up by 0.67% 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, 7 thousand more shares were traded than the day before. In total, 61 thousand shares were bought and sold for approximately $3.59 million.
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 -3.34% during the next 3 months and, with a 90% probability hold a price between $54.38 and $58.21 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.
SJW Signals & Forecast
The SJW Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $57.31 and $58.44. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, October 10, 2024, and so far it has risen 3.78%. 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. Despite all the positive signals in the chart we there to be so much uncertainty and risk that we cannot upgrade this stock's score yet.
Support, Risk & Stop-loss for SJW Corporation stock
SJW Corporation finds support from accumulated volume at $58.38 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 $1.42 (2.46%) between high and low. For the last week, the stock has had daily average volatility of 1.70%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SJW) For The Upcoming Trading Day Of Tuesday 15th
For the upcoming trading day on Tuesday, 15th we expect SJW Corporation to open at $58.40, and during the day (based on 14 day Average True Range), to move between $57.39 and $59.61, which gives a possible trading interval of +/-$1.11 (+/-1.90%) up or down from last closing price. If SJW Corporation takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $58.38 (0.21%) than the resistance at $58.77 (0.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SJW Corporation stock A Buy?
SJW Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score:
-1.246
Sell Candidate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on October 15, 2024 - $58.40 ( 0.171%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for SJW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 59.82 | 2.26% |
| R2 | 59.28 | 1.33% |
| R1 | 58.94 | 0.756% |
| Price | 58.50 | |
| S1 | 57.86 | -1.10% |
| S2 | 57.52 | -1.67% |
| S3 | 56.98 | -2.60% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 61.66 | 5.40% |
| R2 | 60.75 | 3.85% |
| R1 | 58.77 | 0.462% |
| Price | 58.50 | |
| S1 | 58.38 | -0.205% |
| S2 | 58.15 | -0.598% |
| S3 | 57.81 | -1.18% |
SJW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 24, 2024 | Aug 05, 2024 | Sep 03, 2024 | $0.400 | 0.678% |
| 2 | Apr 25, 2024 | May 03, 2024 | Jun 03, 2024 | $0.400 | 0.739% |
| 3 | Jan 25, 2024 | Feb 02, 2024 | Mar 01, 2024 | $0.400 | 0.709% |
| 4 | Oct 30, 2023 | Nov 03, 2023 | Dec 01, 2023 | $0.380 | 0.568% |
| 5 | Jul 31, 2023 | Aug 04, 2023 | Sep 01, 2023 | $0.380 | 0.581% |
FAQ
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