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 AKZOY
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Red day on Thursday for Akzo Nobel N.V. (ADR) stock after losing 1.62%
(Updated on Mar 28, 2024)

Hold candidate since Mar 25, 2024 Gain 2.30% PDF

The Akzo Nobel N.V. (ADR) stock price fell by -1.62% on the last day (Thursday, 28th Mar 2024) from $25.33 to $24.92. During the last trading day the stock fluctuated 1.08% from a day low at $24.90 to a day high of $25.17. The price has risen in 6 of the last 10 days and is up by 4.53% over the past 2 weeks. Volume has increased on the last day by 288 thousand 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, 397 thousand shares were bought and sold for approximately $9.89 million.

The stock lies in the middle of a 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 -8.07% during the next 3 months and, with a 90% probability hold a price between $21.54 and $23.44 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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AKZOY Signals & Forecast

The Akzo Nobel N.V. (ADR) 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 $24.55 and $24.35. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 4.88%. 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 Akzo Nobel N.V. (ADR) stock

Akzo Nobel N.V. (ADR) finds support from accumulated volume at $24.87 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 $0.270 between high and low, or 1.08%. For the last week the stock has had daily average volatility of 1.49%.

Our recommended stop-loss: $24.00 (-3.69%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (AKZOY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Akzo Nobel N.V. (ADR) to open at $25.00, and during the day (based on 14 day Average True Range), to move between $24.57 and $25.27, which gives a possible trading interval of +/-$0.351 (+/-1.41%) up or down from last closing price. If Akzo Nobel N.V. (ADR) takes out the full calculated possible swing range there will be an estimated 2.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $24.87 (0.20%) than the resistance at $25.67 (3.01%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Akzo Nobel N.V. (ADR) stock A Buy?

Akzo Nobel N.V. (ADR) 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.

Current score: 0.415 Hold/Accumulate Unchanged

Predicted Opening Price for Akzo Nobel N.V. (ADR) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$25.00 ( 0.308%) $24.92

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

Trading levels for AKZOY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.27 1.39 %
R2 25.16 0.98 %
R1 25.10 0.722 %
Current price: 24.92
Support S1 24.89 -0.106 %
S2 24.83 -0.362 %
S3 24.73 -0.776 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.92 4.01 %
R2 25.79 3.49 %
R1 25.67 3.01 %
Current price 24.92
Support S1 24.87 -0.201%
S2 23.98 -3.77%
S3 23.84 -4.33%

AKZOY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Apr 29, 2024 May 14, 2024 $0.450 1.80%
2 Nov 03, 2023 Nov 03, 2023 Nov 16, 2023 $0.113 0.456%
3 Jul 24, 2023 Apr 25, 2023 May 12, 2023 $0.548 2.03%
4 Oct 28, 2022 Nov 02, 2022 Nov 10, 2022 $0.145 0.621%
5 Apr 20, 2022 Apr 26, 2022 May 11, 2022 $0.582 2.08%

FAQ

What is the symbol for Akzo Nobel N.V. (ADR) Stock and on which exchange is it traded?
The symbol for Akzo Nobel N.V. (ADR) is AKZOY and it is traded on the OTCMKTS (OTC Markets Group).

Should I buy or sell Akzo Nobel N.V. (ADR) Stock?
Akzo Nobel N.V. (ADR) 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 Akzo Nobel N.V. (ADR) Stock?
Akzo Nobel N.V. (ADR) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Akzo Nobel N.V. (ADR) Stock.

What's the current price of Akzo Nobel N.V. (ADR) Stock?
As of the end of day on the 2024-03-28, the price of an Akzo Nobel N.V. (ADR) (AKZOY) share was $24.92.

What is the 52-week high and low for Akzo Nobel N.V. (ADR) Stock?
The 52-week high for Akzo Nobel N.V. (ADR) Stock is $29.03 and the 52-week low is $21.47.

What is the market capitalization of Akzo Nobel N.V. (ADR) Stock?
As of the 2024-03-28, the market capitalization of Akzo Nobel N.V. (ADR) is 12.754B.

When is the next earnings date for Akzo Nobel N.V. (ADR)?
The upcoming earnings date for Akzo Nobel N.V. (ADR) is Apr 23, 2024.
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About Akzo Nobel N.V. (ADR)

Akzo Nobel N.V. (ADR) Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings for metal, wood, and other building materials. The company also provides performance coatings that protect and enhance ships, cars, aircraft, yachts, architectural compone... AKZOY Profile

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