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 WBA
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Walgreens Boots Alliance stock price up 2.63% on Monday
(Updated on Jul 22, 2024)

Sell candidate since Jun 27, 2024 Loss -7.30% PDF

The Walgreens Boots Alliance stock price gained 2.63% on the last trading day (Monday, 22nd Jul 2024), rising from $11.01 to $11.30. During the last trading day the stock fluctuated 4.81% from a day low at $10.80 to a day high of $11.32. The price has risen in 7 of the last 10 days and is up by 4.44% over the past 2 weeks. Volume fell on the last day by -59 million shares and in total, 22 million shares were bought and sold for approximately $246.55 million. 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 middle of a very wide and 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 -36.15% during the next 3 months and, with a 90% probability hold a price between $6.17 and $8.64 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.

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WBA Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, July 09, 2024, and so far it has risen 4.73%. 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 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 Walgreens Boots Alliance 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 $11.49 and $13.69. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Walgreens Boots Alliance stock

Walgreens Boots Alliance finds support from accumulated volume at $11.26 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.520 between high and low, or 4.81%. For the last week, the stock has had daily average volatility of 4.04%.

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

Trading Expectations (WBA) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Walgreens Boots Alliance to open at $11.14, and during the day (based on 14 day Average True Range), to move between $10.76 and $11.84, which gives a possible trading interval of +/-$0.544 (+/-4.81%) up or down from last closing price. If Walgreens Boots Alliance takes out the full calculated possible swing range there will be an estimated 9.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $11.26 (0.35%) than the resistance at $11.58 (2.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Walgreens Boots Alliance stock A Buy?

Walgreens Boots Alliance holds several negative signals and is within a very wide 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.

Current score: -3.511 Sell Candidate Unchanged

Predicted Opening Price for Walgreens Boots Alliance of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$11.14 ( 1.42%) $11.30

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

Trading levels for WBA

Fibonacci Support & Resistance Levels

Level Price
R3 11.66 3.19%
R2 11.46 1.43%
R1 11.34 0.342%
Price 11.30
S1 10.94 -3.17%
S2 10.82 -4.26%
S3 10.62 -6.02%

Accumulated Volume Support & Resistance Levels

Level Price
R3 12.19 7.88%
R2 12.10 7.04%
R1 11.58 2.48%
Price 11.30
S1 11.26 -0.354%
S2 11.01 -2.57%
S3 10.82 -4.25%

WBA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 10, 2024 Aug 21, 2024 Sep 12, 2024 $0.250 2.21%
2 Apr 25, 2024 May 20, 2024 Jun 12, 2024 $0.250 1.61%
3 Jan 04, 2024 Feb 20, 2024 Mar 12, 2024 $0.250 1.17%
4 Jan 03, 2024 Feb 16, 2024 Mar 12, 2024 $0.250 1.17%
5 Oct 26, 2023 Nov 13, 2023 Dec 12, 2023 $0.480 2.09%

FAQ

What is the symbol for Walgreens Boots Alliance Stock and on which exchange is it traded?
The symbol for Walgreens Boots Alliance is WBA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Walgreens Boots Alliance Stock?
Walgreens Boots Alliance holds several negative signals and is within a very wide 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.

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

What's the current price of Walgreens Boots Alliance Stock?
As of the end of day on the Jul 22, 2024, the price of an Walgreens Boots Alliance (WBA) share was $11.30.

What is the 52-week high and low for Walgreens Boots Alliance Stock?
The 52-week high for Walgreens Boots Alliance Stock is $31.32 and the 52-week low is $10.69.

What is the market capitalization of Walgreens Boots Alliance Stock?
As of the Jul 22, 2024, the market capitalization of Walgreens Boots Alliance is 9.505B.

When is the next earnings date for Walgreens Boots Alliance?
The upcoming earnings date for Walgreens Boots Alliance is Oct 10, 2024.
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About Walgreens Boots Alliance

Walgreens Boots Alliance Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through two segments, the United States and International. The United States segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides central specialty pharmacy services and mail services.... WBA Profile

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