Zeder Investments Ltd. Stock Forecast
Green day on Monday for Zeder Investments Ltd.
(Updated on May 20, 2024)
The Zeder Investments Ltd. stock price gained 2.30% on the last trading day (Monday, 20th May 2024), rising from $174.00 to $178.00. During the last trading day the stock fluctuated 3.47% from a day low at $173.00 to a day high of $179.00. The price has been going up and down for this period, and there has been a -6.81% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 488 thousand more shares were traded than the day before. In total, 551 thousand shares were bought and sold for approximately $98.16 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 7.83% during the next 3 months and, with a 90% probability hold a price between $184.37 and $208.01 at the end of this 3-month period.
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ZED.JO Signals & Forecast
Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Zeder Investments Ltd. 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 $179.29 and $179.54. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 08, 2024, and so far it has fallen -6.81%. 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). The stock had a Golden Star Signal on Thursday, March 07, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Thursday, March 07, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Zeder Investments Ltd. stock
Zeder Investments Ltd. finds support from accumulated volume at $173.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $6.00 between high and low, or 3.47%. For the last week, the stock has had daily average volatility of 2.62%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ZED.JO) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Zeder Investments Ltd. to open at $176.67, and during the day (based on 14 day Average True Range), to move between $170.42 and $185.58, which gives a possible trading interval of +/-$7.58 (+/-4.26%) up or down from last closing price. If Zeder Investments Ltd. takes out the full calculated possible swing range there will be an estimated 8.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $182.00 (2.25%) than the support at $173.00 (2.81%), 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 Zeder Investments Ltd. stock A Buy?
The Zeder Investments Ltd. stock holds several negative signals and despite the positive trend, we believe Zeder Investments Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.161 Sell Candidate Unchanged
Predicted Opening Price for Zeder Investments Ltd. of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| $176.67 ( 0.749%) | $178.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZED.JO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 182.67 | 2.62 % | |
| R2 | 180.37 | 1.33 % | ||
| R1 | 178.96 | 0.539 % | ||
| Current price: | 178.00 | |||
| Support | S1 | 174.37 | -2.04 % | |
| S2 | 172.96 | -2.83 % | ||
| S3 | 170.67 | -4.12 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 191.00 | 7.30 % | |
| R2 | 183.00 | 2.81 % | ||
| R1 | 182.00 | 2.25 % | ||
| Current price | 178.00 | |||
| Support | S1 | 173.00 | -2.81% | |
| S2 | 171.00 | -3.93% | ||
| S3 | 163.00 | -8.43% |
ZED Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 22, 2024 | May 22, 2024 | May 27, 2024 | $10.00 | 5.65% |
| 2 | May 15, 2024 | May 15, 2024 | May 20, 2024 | $10.00 | 5.65% |
| 3 | Mar 13, 2024 | Mar 13, 2024 | Mar 18, 2024 | $0.200 | 0.124% |
| 4 | Mar 06, 2024 | Mar 06, 2024 | Mar 11, 2024 | $0.200 | 0.114% |
| 5 | Nov 08, 2023 | Nov 08, 2023 | Nov 08, 2023 | $10.00 | 5.99% |
FAQ
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