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 BRY
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Berry Petroleum Corporation stock price up 1.29% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 08, 2024 Gain 12.11% PDF

The Berry Petroleum Corporation stock price gained 1.29% on the last trading day (Wednesday, 27th Mar 2024), rising from $7.77 to $7.87. During the last trading day the stock fluctuated 1.67% from a day low at $7.77 to a day high of $7.90. The price has risen in 7 of the last 10 days and is up by 4.65% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 67 thousand more shares were traded than the day before. In total, 644 thousand shares were bought and sold for approximately $5.07 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $7.94 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 13.85% during the next 3 months and, with a 90% probability hold a price between $7.92 and $9.04 at the end of this 3-month period.

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BRY Signals & Forecast

The Berry Petroleum Corporation 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 $7.81 and $7.15. 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). 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. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -0.506%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Berry Petroleum Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $7.09 and $7.05. 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, Berry Petroleum Corporation finds support just below today's level at $7.09. If this is broken, then the next support from accumulated volume will be at $7.05 and $6.49.

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 $0.130 between high and low, or 1.67%. For the last week, the stock has had daily average volatility of 2.48%.

Our recommended stop-loss: $7.57 (-3.80%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (BRY) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Berry Petroleum Corporation to open at $7.84, and during the day (based on 14 day Average True Range), to move between $7.65 and $8.09, which gives a possible trading interval of +/-$0.224 (+/-2.85%) up or down from last closing price. If Berry Petroleum Corporation takes out the full calculated possible swing range there will be an estimated 5.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.91 (0.51%) than the support at $7.09 (9.91%), 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 Berry Petroleum Corporation 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 Berry Petroleum Corporation stock to perform well in the short-term.

Current score: 3.182 Buy Candidate Unchanged

Predicted Opening Price for Berry Petroleum Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$7.84 ( 0.339%) $7.87

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

Trading levels for BRY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.97 1.31 %
R2 7.92 0.682 %
R1 7.89 0.292 %
Current price: 7.87
Support S1 7.79 -0.97 %
S2 7.76 -1.36 %
S3 7.71 -1.99 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 7.91 0.508 %
Current price 7.87
Support S1 7.09 -9.91%
S2 7.05 -10.42%
S3 6.49 -17.53%

BRY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 27, 2024 Mar 14, 2024 Mar 25, 2024 $0.260 3.29%
2 Nov 01, 2023 Nov 14, 2023 Nov 29, 2023 $0.210 2.95%
3 Aug 02, 2023 Aug 14, 2023 Aug 25, 2023 $0.140 1.69%
4 Apr 27, 2023 May 12, 2023 May 25, 2023 $0.120 1.83%
5 Feb 15, 2023 Mar 14, 2023 Mar 23, 2023 $0.500 6.76%

FAQ

What is the symbol for Berry Petroleum Corporation Stock and on which exchange is it traded?
The symbol for Berry Petroleum Corporation is BRY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Berry Petroleum Corporation Stock?
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 Berry Petroleum Corporation stock to perform well in the short-term.

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

What's the current price of Berry Petroleum Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Berry Petroleum Corporation (BRY) share was $7.87.

What is the 52-week high and low for Berry Petroleum Corporation Stock?
The 52-week high for Berry Petroleum Corporation Stock is $8.94 and the 52-week low is $6.22.

What is the market capitalization of Berry Petroleum Corporation Stock?
As of the 2024-03-27, the market capitalization of Berry Petroleum Corporation is 600.741M.

When is the next earnings date for Berry Petroleum Corporation?
The upcoming earnings date for Berry Petroleum Corporation is May 01, 2024.
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About Berry Petroleum Corporation

Berry Petroleum Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves located in the western United States. It operates in two segments, Development and Production, and Well Servicing and Abandonment. The company's properties are located in the San Joaquin and Ventura basins, California; and Uinta basin, Utah. As of December 31, 2021, it had a total of 3,417 net productive wells. The com... BRY Profile

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