Williams Companies Stock Forecast
Red day on Friday for Williams Companies stock after losing 0.482%
(Updated on Apr 26, 2024)
The Williams Companies stock price fell by -0.482% on the last day (Friday, 26th Apr 2024) from $39.45 to $39.26. During the last trading day the stock fluctuated 1.13% from a day low at $38.92 to a day high of $39.36. The price has risen in 6 of the last 10 days and is up by 3.1% over the past 2 weeks. Volume has increased on the last day by 2 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, 6 million shares were bought and sold for approximately $218.61 million.
The stock lies in the middle of a 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 17.21% during the next 3 months and, with a 90% probability hold a price between $44.26 and $46.64 at the end of this 3-month period.
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WMB Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen -0.482%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Williams Companies 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 $38.78 and $38.22. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Williams Companies stock
On the downside, the stock finds support just below today's level from accumulated volume at $34.19 and $34.04. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Williams Companies finds support just below today's level at $34.19. If this is broken, then the next support from accumulated volume will be at $34.04 and $33.05.
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 $0.440 between high and low, or 1.13%. For the last week the stock has had daily average volatility of 1.58%.
Our recommended stop-loss: $38.04 (-3.10%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (WMB) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Williams Companies Inc (The) to open at $39.18, and during the day (based on 14 day Average True Range), to move between $38.62 and $39.90, which gives a possible trading interval of +/-$0.645 (+/-1.64%) up or down from last closing price. If Williams Companies Inc (The) takes out the full calculated possible swing range there will be an estimated 3.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $39.30 (0.10%) than the support at $34.19 (12.91%), 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 Williams Companies Inc (The) stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Williams Companies stock to perform well in the short-term.
Current score: 1.870 Buy Candidate Unchanged
Predicted Opening Price for Williams Companies Inc (The) of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $39.18 ( 0.204%) | $39.26 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WMB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 39.62 | 0.92 % | |
| R2 | 39.45 | 0.489 % | ||
| R1 | 39.35 | 0.224 % | ||
| Current price: | 39.26 | |||
| Support | S1 | 39.01 | -0.632 % | |
| S2 | 38.91 | -0.90 % | ||
| S3 | 38.74 | -1.32 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 39.45 | 0.484 % | |
| R2 | 39.35 | 0.229 % | ||
| R1 | 39.30 | 0.102 % | ||
| Current price | 39.26 | |||
| Support | S1 | 34.19 | -12.91% | |
| S2 | 34.04 | -13.30% | ||
| S3 | 33.05 | -15.82% |
WMB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 30, 2024 | Mar 07, 2024 | Mar 25, 2024 | $0.475 | 1.24% |
| 2 | Oct 24, 2023 | Dec 07, 2023 | Dec 26, 2023 | $0.450 | 1.28% |
| 3 | Jul 25, 2023 | Sep 08, 2023 | Sep 25, 2023 | $0.448 | 1.32% |
| 4 | Apr 25, 2023 | Jun 09, 2023 | Jun 26, 2023 | $0.448 | 1.44% |
| 5 | Jan 31, 2023 | Mar 10, 2023 | Mar 27, 2023 | $0.448 | 1.55% |
FAQ
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