Fibra Terrafina 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
Stronger technical forecast for Fibra Terrafina stock price after Friday trading.
(Updated on May 17, 2024)
The Fibra Terrafina stock price fell by -1.08% on the last day (Friday, 17th May 2024) from $43.56 to $43.09. During the last trading day the stock fluctuated 2.36% from a day low at $42.75 to a day high of $43.76. The price has risen in 5 of the last 10 days and is up by 2.69% over the past 2 weeks. Volume has increased on the last day by 4 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $170.85 million.
The stock lies in the middle of a wide and weak 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 2.13% during the next 3 months and, with a 90% probability hold a price between $42.35 and $46.84 at the end of this 3-month period.
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TERRA13.MX Signals & Forecast
The Fibra Terrafina 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 $42.95 and $42.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 4.69%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Fibra Terrafina stock
Fibra Terrafina finds support from accumulated volume at $42.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.01 between high and low, or 2.36%. For the last week the stock has had daily average volatility of 1.82%.
Our recommended stop-loss: $40.94 (-5.00%) (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 (TERRA13.MX) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Fibra Terrafina to open at $43.20, and during the day (based on 14 day Average True Range), to move between $41.99 and $44.19, which gives a possible trading interval of +/-$1.10 (+/-2.54%) up or down from last closing price. If Fibra Terrafina takes out the full calculated possible swing range there will be an estimated 5.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $43.56 (1.09%) than the support at $42.44 (1.51%), 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.
Is Fibra Terrafina stock A Buy?
Fibra Terrafina 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Upgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Fibra Terrafina of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
$43.20 ( 0.255%) | $43.09 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TERRA13.MX
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 44.21 | 2.60 % | |
R2 | 43.82 | 1.70 % | ||
R1 | 43.59 | 1.15 % | ||
Current price: | 43.09 | |||
Support | S1 | 42.81 | -0.640 % | |
S2 | 42.58 | -1.19 % | ||
S3 | 42.19 | -2.09 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 44.26 | 2.72 % | |
R2 | 43.83 | 1.72 % | ||
R1 | 43.56 | 1.09 % | ||
Current price | 43.09 | |||
Support | S1 | 42.44 | -1.51% | |
S2 | 42.01 | -2.51% | ||
S3 | 40.40 | -6.24% |
TERRA13 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 07, 2024 | May 07, 2024 | May 07, 2024 | $0 | 0% |
2 | Mar 04, 2024 | Mar 04, 2024 | Mar 04, 2024 | $0 | 0% |
3 | Nov 08, 2023 | Nov 08, 2023 | Nov 08, 2023 | $0 | 0% |
4 | Aug 02, 2023 | Aug 02, 2023 | Aug 02, 2023 | $0.442 | 1.37% |
5 | May 10, 2023 | May 10, 2023 | May 10, 2023 | $0.467 | 1.39% |
FAQ
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