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 WRK
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Wednesday for Westrock Company stock after losing 0%
(Updated on Jul 24, 2024)

Hold candidate since Jul 09, 2024 PDF

No changes to the price of Westrock Company stock on the last trading day (Wednesday, 24th Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $51.51 to a day high of $51.51. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Westrock Company stock with a 90% probability to be traded between $49.15 and $55.24 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Have specific questions? Chat with our AI Analyst now!

WRK Signals & Forecast

The Westrock Company 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 $51.51 and $50.98. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, July 23, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Westrock Company stock

Westrock Company finds support from accumulated volume at $49.70 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 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%

Our recommended stop-loss: $49.45 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (WRK) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Westrock Company to open at $51.51, and during the day (based on 14 day Average True Range), to move between $51.00 and $52.02, which gives a possible trading interval of +/-$0.506 (+/-0.98%) up or down from last closing price. If Westrock Company takes out the full calculated possible swing range there will be an estimated 1.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $51.62 (0.21%) than the support at $49.70 (3.51%), 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.

Earnings coming up

Westrock Company will release earnings BMO on Thursday, August 01, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.710. We will update the financials statements for Westrock Company, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.47% in the first trading day after earnings release.

Is Westrock Company stock A Buy?

Westrock Company 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Current score: 0.000 Hold/Accumulate Unchanged

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 Westrock Company of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$51.51 ( 0%) $51.51

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

Trading levels for WRK

Fibonacci Support & Resistance Levels

Level Price
R3 51.51 -
R2 51.51 -
R1 51.51 -
Price 51.51
S1 51.51 -
S2 51.51 -
S3 51.51 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 52.19 1.32%
R2 51.66 0.291%
R1 51.62 0.214%
Price 51.51
S1 49.70 -3.51%
S2 49.57 -3.77%
S3 48.79 -5.28%

WRK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 13, 2024 May 13, 2024 May 22, 2024 $0.303 0.571%
2 Jan 26, 2024 Feb 08, 2024 Feb 21, 2024 $0.303 0.691%
3 Oct 27, 2023 Nov 10, 2023 Nov 21, 2023 $0.300 0.83%
4 Jul 28, 2023 Aug 09, 2023 Aug 24, 2023 $0.275 0.87%
5 Apr 28, 2023 May 10, 2023 Aug 24, 2023 $0.275 0.87%

FAQ

What is the symbol for Westrock Company Stock and on which exchange is it traded?
The symbol for Westrock Company is WRK and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Westrock Company Stock?
Westrock Company 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.

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

What's the current price of Westrock Company Stock?
As of the end of day on the Jul 24, 2024, the price of an Westrock Company (WRK) share was $51.51.

What is the 52-week high and low for Westrock Company Stock?
The 52-week high for Westrock Company Stock is $54.83 and the 52-week low is $30.87.

What is the market capitalization of Westrock Company Stock?
As of the Jul 24, 2024, the market capitalization of Westrock Company is 13.304B.

When is the next earnings date for Westrock Company?
The upcoming earnings date for Westrock Company is Aug 01, 2024.
Click to get the best stock tips daily for free!

About Westrock Company

Westrock Company WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. It operates through two segments, Corrugated Packaging and Consumer Packaging. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacture... WRK Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT