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 BXBLY
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Stronger technical forecast for Brambles Ltd Adr stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 20, 2024 Gain 5.05% PDF

The Brambles Ltd Adr stock price gained 3.70% on the last trading day (Wednesday, 27th Mar 2024), rising from $20.32 to $21.07. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.00% from a day low at $20.91 to a day high of $21.12. The price has been going up and down for this period, and there has been a 2.69% gain 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, 23 thousand more shares were traded than the day before. In total, 46 thousand shares were bought and sold for approximately $977.05 thousand.

The stock lies in the upper part of a 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 $21.36 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.83% during the next 3 months and, with a 90% probability hold a price between $22.21 and $23.88 at the end of this 3-month period.

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BXBLY Signals & Forecast

The Brambles Ltd 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 $20.21 and $19.95. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 7.29%. Further rise is indicated until a new top pivot has been found. Brambles Ltd Adr has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Brambles Ltd Adr stock

Brambles Ltd Adr finds support from accumulated volume at $20.15 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 $0.210 between high and low, or 1.00%. For the last week the stock has had daily average volatility of 1.85%.

Our recommended stop-loss: $20.25 (-3.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Brambles Ltd Adr to open at $21.03, and during the day (based on 14 day Average True Range), to move between $20.61 and $21.54, which gives a possible trading interval of +/-$0.465 (+/-2.21%) up or down from last closing price. If Brambles Ltd Adr takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $20.15, some $0.92 (4.38%) from the current price of $21.07, our system finds the risk reward attractive.

Is Brambles Ltd Adr stock A Buy?

Brambles Ltd Adr holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.787 Strong Buy Candidate Upgraded

Predicted Opening Price for Brambles Ltd Adr of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$21.03 ( 0.182%) $21.07

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

Trading levels for BXBLY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.24 0.81 %
R2 21.16 0.434 %
R1 21.11 0.199 %
Current price: 21.07
Support S1 20.95 -0.563 %
S2 20.90 -0.798 %
S3 20.82 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 21.07
Support S1 20.15 -4.38%
S2 19.38 -8.03%
S3 19.06 -9.55%

BXBLY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 26, 2024 Mar 13, 2024 Apr 18, 2024 $0.283 1.34%
2 Aug 31, 2023 Sep 13, 2023 Oct 19, 2023 $0.260 1.44%
3 May 28, 2023 Mar 08, 2023 Apr 20, 2023 $0.238 1.26%
4 Sep 02, 2022 Sep 07, 2022 Oct 20, 2022 $0.242 1.71%
5 Mar 04, 2022 Mar 09, 2022 Apr 21, 2022 $0.215 1.37%

FAQ

What is the symbol for Brambles Ltd Adr Stock and on which exchange is it traded?
The symbol for Brambles Ltd Adr is BXBLY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Brambles Ltd Adr Stock?
Brambles Ltd Adr holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Brambles Ltd Adr Stock?
Brambles Ltd 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 Brambles Ltd Adr Stock.

What's the current price of Brambles Ltd Adr Stock?
As of the end of day on the 2024-03-27, the price of an Brambles Ltd Adr (BXBLY) share was $21.07.

What is the 52-week high and low for Brambles Ltd Adr Stock?
The 52-week high for Brambles Ltd Adr Stock is $21.12 and the 52-week low is $16.58.

What is the market capitalization of Brambles Ltd Adr Stock?
As of the 2024-03-27, the market capitalization of Brambles Ltd Adr is 14.662B.
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About Brambles Ltd Adr

Brambles Ltd Adr Brambles Limited operates as a supply-chain logistics company. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. It engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers. The company serves customers in the fast-moving consumer goo... BXBLY Profile

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