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 CAE
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Stronger technical forecast for CAE Inc stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 13, 2024 Gain 3.33% PDF

The CAE Inc stock price gained 0.84% on the last trading day (Wednesday, 27th Mar 2024), rising from $20.33 to $20.50. It has now gained 4 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 1.28% from a day low at $20.24 to a day high of $20.50. The price has risen in 8 of the last 10 days and is up by 3.33% 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, 455 thousand more shares were traded than the day before. In total, 744 thousand shares were bought and sold for approximately $15.25 million.

The stock lies the upper part of a wide and falling 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 $20.63 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -7.37% during the next 3 months and, with a 90% probability hold a price between $16.59 and $19.11 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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CAE Signals & Forecast

The CAE Inc 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 $20.30 and $19.71. 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 Wednesday, March 20, 2024, and so far it has fallen -0.146%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for CAE Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $19.13 and $19.01. 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, CAE Inc finds support just below today's level at $19.13. If this is broken, then the next support from accumulated volume will be at $19.01 and $18.91.

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 $0.260 between high and low, or 1.28%. For the last week, the stock has had daily average volatility of 1.95%.

Our recommended stop-loss: $19.75 (-3.66%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect CAE Inc to open at $20.41, and during the day (based on 14 day Average True Range), to move between $20.09 and $20.91, which gives a possible trading interval of +/-$0.407 (+/-1.99%) up or down from last closing price. If CAE Inc takes out the full calculated possible swing range there will be an estimated 3.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.92 (2.05%) than the support at $19.13 (6.68%), 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 CAE Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.889 Buy Candidate Upgraded

Predicted Opening Price for CAE Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$20.41 ( 0.423%) $20.50

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

Trading levels for CAE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.67 0.85 %
R2 20.57 0.361 %
R1 20.51 0.0617 %
Current price: 20.50
Support S1 20.31 -0.91 %
S2 20.25 -1.21 %
S3 20.15 -1.69 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.39 4.34 %
R2 21.08 2.83 %
R1 20.92 2.05 %
Current price 20.50
Support S1 19.13 -6.68%
S2 19.01 -7.27%
S3 18.91 -7.76%

CAE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 10, 2020 Mar 12, 2020 Mar 31, 2020 $0.0800 0.634%
2 Nov 13, 2019 Dec 12, 2019 Dec 31, 2019 $0.0830 0.314%
3 Aug 14, 2019 Sep 12, 2019 Sep 30, 2019 $0.0830 0.327%
4 May 20, 2019 Jun 13, 2019 Jun 28, 2019 $0.0750 0.279%
5 Aug 14, 2018 Sep 13, 2018 Sep 28, 2018 $0.0770 0.379%

FAQ

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

Should I buy or sell CAE Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of CAE Inc Stock?
As of the end of day on the 2024-03-27, the price of an CAE Inc (CAE) share was $20.50.

What is the 52-week high and low for CAE Inc Stock?
The 52-week high for CAE Inc Stock is $25.04 and the 52-week low is $18.26.

What is the market capitalization of CAE Inc Stock?
As of the 2024-03-27, the market capitalization of CAE Inc is 6.525B.

When is the next earnings date for CAE Inc?
The upcoming earnings date for CAE Inc is May 29, 2024.
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About CAE Inc

CAE CAE Inc., together with its subsidiaries, provides simulation training and critical operations support solutions worldwide. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sour... CAE Profile

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