Swk Holdings Corp 9.00% Senior Notes Due 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
Swk Holdings Corp 9.00% Senior Notes Due stock downgraded from Hold/Accumulate to Sell Candidate after Friday trading session.
(Updated on Jun 28, 2024)
The Swk Holdings Corp 9.00% Senior Notes Due stock price fell by -0.400% on the last day (Friday, 28th Jun 2024) from $25.00 to $24.90. During the last trading day the stock fluctuated 0% from a day low at $24.90 to a day high of $24.90. The price has fallen in 5 of the last 10 days and is down by -1.81% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 thousand shares and in total, 308 shares were bought and sold for approximately $7.67 thousand.
The stock has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $24.93 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
SWKHL Signals & Forecast
There are few to no technical positive signals at the moment. The Swk Holdings Corp 9.00% Senior Notes Due 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 $24.98 and $25.12. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.757%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Thursday, June 13, 2024 with a target of $25.03. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Swk Holdings Corp 9.00% Senior Notes Due stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.265%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SWKHL) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Swk Holdings Corporation 9.00% Senior Notes Due 2027 to open at $24.90, and during the day (based on 14 day Average True Range), to move between $24.77 and $25.03, which gives a possible trading interval of +/-$0.125 (+/-0.50%) up or down from last closing price. If Swk Holdings Corporation 9.00% Senior Notes Due 2027 takes out the full calculated possible swing range there will be an estimated 1.00% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $25.00, some $0.100 (0.40%) from the current price of $24.90, our system finds the risk reward not very attractive.
Is Swk Holdings Corporation 9.00% Senior Notes Due 2027 stock A Buy?
Swk Holdings Corp 9.00% Senior Notes Due holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.627 Sell Candidate Downgraded
Predicted Opening Price for Swk Holdings Corporation 9.00% Senior Notes Due 2027 of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $24.90 ( 0.00000000%) | $24.90 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SWKHL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.90 | 0.00000000% |
| R2 | 24.90 | 0.00000000% |
| R1 | 24.90 | 0.00000000% |
| Price | 24.90 | |
| S1 | 24.90 | 0.00000000% |
| S2 | 24.90 | 0.00000000% |
| S3 | 24.90 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.09 | 0.763% |
| R2 | 25.01 | 0.442% |
| R1 | 25.00 | 0.402% |
| Price | 24.90 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
SWKHL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 14, 2024 | Jun 30, 2024 | $0.563 | 2.26% |
| 2 | Mar 11, 2024 | Mar 14, 2024 | Mar 31, 2024 | $0.563 | 2.25% |
| 3 | Dec 14, 2023 | Dec 14, 2023 | Dec 31, 2023 | $0.537 | 2.14% |
FAQ
Click here for our free guide on how to buy Swk Holdings Corporation 9.00% Senior Notes Due 2027 Stock.
