RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CAL.L
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Caleres, Inc stock price down 0% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 PDF

No changes to the price of Caleres, Inc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 1.85% from a day low at £51.40 to a day high of £52.35. The price has risen in 4 of the last 10 days and is up by 2.8% over the past 2 weeks.

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 -13.36% during the next 3 months and, with a 90% probability hold a price between £42.21 and £45.48 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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CAL.L Signals & Forecast

There are mixed signals in the stock today. The Caleres, Inc 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 £51.43 and £52.08. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 2.80%. 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).

Support, Risk & Stop-loss for Caleres, Inc stock

Caleres, Inc finds support from accumulated volume at £51.20 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0.95 between high and low, or 1.85%. For the last week the stock has had daily average volatility of 2.19%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CAL.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Caleres, Inc to open at £51.72, and during the day (based on 14 day Average True Range), to move between £49.32 and £53.48, which gives a possible trading interval of +/-£2.08 (+/-4.04%) up or down from last closing price. If Caleres, Inc takes out the full calculated possible swing range there will be an estimated 8.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £51.20 (0.39%) than the resistance at £51.90 (0.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Caleres, Inc stock A Buy?

Caleres, Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.431 Sell Candidate Unchanged

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

Fair opening price March 28, 2024 Current price
£51.72 ( 0.616%) £51.40

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

Trading levels for CAL.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 52.67 2.46 %
R2 52.30 1.76 %
R1 52.08 1.32 %
Current price: 51.40
Support S1 51.35 -0.0899 %
S2 51.13 -0.526 %
S3 50.77 -1.23 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 55.40 7.78 %
R2 53.30 3.70 %
R1 51.90 0.97 %
Current price 51.40
Support S1 51.20 -0.389%
S2 51.00 -0.778%
S3 50.00 -2.72%

CAL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 11, 2024 May 31, 2024 £2.95 5.74%
2 Mar 02, 2023 Apr 13, 2023 Jun 02, 2023 £2.75 4.80%
3 Aug 11, 2022 Sep 15, 2022 Oct 07, 2022 £2.50 5.08%
4 Mar 05, 2020 Jun 04, 2020 Jun 24, 2020 £11.00 11.45%
5 Mar 05, 2020 Apr 02, 2020 May 26, 2020 £11.00 10.57%

FAQ

What is the symbol for Caleres, Inc Stock and on which exchange is it traded?
The symbol for Caleres, Inc is CAL.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Caleres, Inc Stock?
Caleres, Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Caleres, Inc Stock?
Caleres, 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 Caleres, Inc Stock.

What's the current price of Caleres, Inc Stock?
As of the end of day on the 2024-03-27, the price of an Caleres, Inc (CAL.L) share was £51.40.

What is the 52-week high and low for Caleres, Inc Stock?
The 52-week high for Caleres, Inc Stock is £61.00 and the 52-week low is £49.86.

What is the market capitalization of Caleres, Inc Stock?
As of the 2024-03-27, the market capitalization of Caleres, Inc is 115.196M.

When is the next earnings date for Caleres, Inc?
The upcoming earnings date for Caleres, Inc is Aug 08, 2024.
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About Caleres, Inc

Caleres Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of in-town shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has... CAL.L Profile

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