Experian Plc ADR Stock Forecast
Experian Plc ADR stock downgraded from Hold/Accumulate to Sell Candidate after Thursday trading session.
(Updated on Apr 18, 2024)
The Experian Plc ADR stock price fell by -2.86% on the last day (Thursday, 18th Apr 2024) from $40.92 to $39.75. During the last trading day the stock fluctuated 1.03% from a day low at $39.69 to a day high of $40.10. The price has fallen in 6 of the last 10 days and is down by -6.01% for this period. Volume has increased on the last day by 13 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 52 thousand shares were bought and sold for approximately $2.07 million.
Given the current horizontal trend, you can expect Experian Plc ADR stock with a 90% probability to be traded between $40.43 and $45.06 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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EXPGY Signals & Forecast
There are few to no technical positive signals at the moment. The Experian Plc ADR 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 $40.95 and $42.64. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -9.86%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Experian Plc ADR stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.410 (1.03%) between high and low. For the last week, the stock has had daily average volatility of 1.38%.
Experian Plc ADR is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EXPGY) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Experian Plc ADR to open at $39.85, and during the day (based on 14 day Average True Range), to move between $39.01 and $40.49, which gives a possible trading interval of +/-$0.743 (+/-1.87%) up or down from last closing price. If Experian Plc ADR takes out the full calculated possible swing range there will be an estimated 3.74% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $40.93, some $1.18 (2.97%) from the current price of $39.75, our system finds the risk reward not very attractive.
Is Experian Plc ADR stock A Buy?
Experian Plc ADR holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.598 Sell Candidate Downgraded
Predicted Opening Price for Experian Plc ADR of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $39.85 ( 0.243%) | $39.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EXPGY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.26 | 1.27 % | |
| R2 | 40.10 | 0.88 % | ||
| R1 | 40.00 | 0.637 % | ||
| Current price: | 39.75 | |||
| Support | S1 | 39.69 | -0.151 % | |
| S2 | 39.59 | -0.394 % | ||
| S3 | 39.44 | -0.788 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 42.66 | 7.32 % | |
| R2 | 41.14 | 3.50 % | ||
| R1 | 40.93 | 2.97 % | ||
| Current price | 39.75 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
EXPGY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 04, 2024 | Jan 04, 2024 | Feb 02, 2024 | $0.168 | 0.400% |
| 2 | Jun 22, 2023 | Jun 22, 2023 | Jul 21, 2023 | $0.378 | 0.97% |
| 3 | Dec 30, 2022 | Jan 05, 2023 | Feb 03, 2023 | $0.170 | 0.451% |
| 4 | Jun 17, 2022 | Jun 23, 2022 | Jul 22, 2022 | $0.358 | 1.06% |
| 5 | Dec 31, 2021 | Jan 06, 2022 | Feb 04, 2022 | $0.160 | 0.387% |
FAQ
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