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 DFIN
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Donnelley Financial Solutions Inc stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Loss -1.98% PDF

The Donnelley Financial Solutions Inc stock price gained 0.610% on the last trading day (Wednesday, 27th Mar 2024), rising from $60.63 to $61.00. During the last trading day the stock fluctuated 0.705% from a day low at $60.89 to a day high of $61.31. The price has been going up and down for this period, and there has been a -4.54% loss 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, 30 thousand more shares were traded than the day before. In total, 167 thousand shares were bought and sold for approximately $10.21 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $60.57 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.72% during the next 3 months and, with a 90% probability hold a price between $62.22 and $67.82 at the end of this 3-month period.

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DFIN Signals & Forecast

The Donnelley Financial Solutions 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 $61.42 and $63.15. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.81%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Donnelley Financial Solutions Inc stock

Donnelley Financial Solutions Inc finds support from accumulated volume at $60.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.429 (0.705%) between high and low. For the last week, the stock has had daily average volatility of 1.50%.

Our recommended stop-loss: $57.41 (-5.89%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Donnelley Financial Solutions Inc to open at $61.07, and during the day (based on 14 day Average True Range), to move between $59.63 and $62.37, which gives a possible trading interval of +/-$1.37 (+/-2.24%) up or down from last closing price. If Donnelley Financial Solutions Inc takes out the full calculated possible swing range there will be an estimated 4.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $60.60 (0.66%) than the resistance at $62.23 (2.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Donnelley Financial Solutions Inc stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.228 Buy Candidate Upgraded

Predicted Opening Price for Donnelley Financial Solutions Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$61.07 ( 0.109%) $61.00

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

Trading levels for DFIN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 61.50 0.81 %
R2 61.33 0.544 %
R1 61.23 0.378 %
Current price: 61.00
Support S1 60.90 -0.160 %
S2 60.80 -0.326 %
S3 60.64 -0.595 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 63.57 4.21 %
R2 63.44 4.00 %
R1 62.23 2.02 %
Current price 61.00
Support S1 60.60 -0.656%
S2 60.55 -0.738%
S3 60.00 -1.64%

FAQ

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

Should I buy or sell Donnelley Financial Solutions Inc Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Donnelley Financial Solutions Inc Stock?
Donnelley Financial Solutions 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 Donnelley Financial Solutions Inc Stock.

What's the current price of Donnelley Financial Solutions Inc Stock?
As of the end of day on the 2024-03-27, the price of an Donnelley Financial Solutions Inc (DFIN) share was $61.00.

What is the 52-week high and low for Donnelley Financial Solutions Inc Stock?
The 52-week high for Donnelley Financial Solutions Inc Stock is $66.00 and the 52-week low is $39.17.

What is the market capitalization of Donnelley Financial Solutions Inc Stock?
As of the 2024-03-27, the market capitalization of Donnelley Financial Solutions Inc is 1.775B.

When is the next earnings date for Donnelley Financial Solutions Inc?
The upcoming earnings date for Donnelley Financial Solutions Inc is May 01, 2024.
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About Donnelley Financial Solutions Inc

Donnelley Financial Solutions Donnelley Financial Solutions, Inc. operates as a risk and compliance solutions company worldwide. The company operates through four segments: Capital Markets – Software Solutions (CM-SS), Capital Markets – Compliance and Communications Management (CM-CCM), Investment Companies – Software Solutions (IC-SS), and Investment Companies – Compliance and Communications Management (IC-CCM). The CM-SS segment provides Venue, ActiveDisclosure, eBrevia... DFIN Profile

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