EZCORP Stock Forecast
Green day on Tuesday for EZCORP stock after gaining 0.581%
(Updated on May 07, 2024)
The EZCORP stock price gained 0.581% on the last trading day (Tuesday, 7th May 2024), rising from $10.32 to $10.38. During the last trading day the stock fluctuated 3.44% from a day low at $10.33 to a day high of $10.69. The price has fallen in 6 of the last 10 days and is down by -9.5% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 459 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $10.44 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.33 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 5.55% during the next 3 months and, with a 90% probability hold a price between $10.90 and $12.23 at the end of this 3-month period.
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EZPW Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, May 06, 2024, and so far it has risen 0.581%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The EZCORP 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 $10.69 and $10.93. 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).
Support, Risk & Stop-loss for EZCORP stock
EZCORP finds support from accumulated volume at $10.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.355 between high and low, or 3.44%. For the last week, the stock has had daily average volatility of 4.01%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EZPW) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect EZCORP to open at $10.47, and during the day (based on 14 day Average True Range), to move between $10.02 and $10.74, which gives a possible trading interval of +/-$0.357 (+/-3.44%) up or down from last closing price. If EZCORP takes out the full calculated possible swing range there will be an estimated 6.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $10.45 (0.67%) than the support at $10.23 (1.45%), 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 EZCORP stock A Buy?
The EZCORP stock holds several negative signals and despite the positive trend, we believe EZCORP will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.618 Sell Candidate Unchanged
Predicted Opening Price for EZCORP of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| $10.47 ( 0.82%) | $10.38 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EZPW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.82 | 4.24 % | |
| R2 | 10.68 | 2.93 % | ||
| R1 | 10.60 | 2.13 % | ||
| Current price: | 10.38 | |||
| Support | S1 | 10.33 | -0.488 % | |
| S2 | 10.25 | -1.29 % | ||
| S3 | 10.11 | -2.60 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.26 | 8.48 % | |
| R2 | 10.54 | 1.54 % | ||
| R1 | 10.45 | 0.674 % | ||
| Current price | 10.38 | |||
| Support | S1 | 10.23 | -1.45% | |
| S2 | 10.19 | -1.83% | ||
| S3 | 10.00 | -3.66% |
EZPW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 25, 2000 | Feb 04, 2000 | Feb 22, 2000 | $0.0043 | 0.281% |
| 2 | Nov 17, 1999 | Nov 29, 1999 | Dec 15, 1999 | $0.0043 | 0.345% |
| 3 | Jul 27, 1999 | Aug 06, 1999 | Aug 24, 1999 | $0.0043 | 0.242% |
| 4 | Apr 27, 1999 | May 07, 1999 | May 25, 1999 | $0.0040 | 0.157% |
| 5 | Jan 26, 1999 | Feb 05, 1999 | Feb 23, 1999 | $0.0040 | 0.155% |
FAQ
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