FTI Consulting Inc Stock Forecast
Green day on Monday for FTI Consulting Inc stock after gaining 0.227%
(Updated on Apr 22, 2024)
The FTI Consulting Inc stock price gained 0.227% on the last trading day (Monday, 22nd Apr 2024), rising from $211.25 to $211.73. It has now gained 3 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 1.20% from a day low at $210.97 to a day high of $213.50. The price has risen in 6 of the last 10 days and is up by 1.93% over the past 2 weeks. Volume fell on the last day by -106 thousand shares and in total, 151 thousand shares were bought and sold for approximately $31.97 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.56% during the next 3 months and, with a 90% probability hold a price between $213.93 and $250.06 at the end of this 3-month period.
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FCN Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, February 22, 2024, and so far it has fallen -4.48%. 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). The FTI Consulting 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 $207.65 and $206.96. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Tuesday, April 16, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Tuesday, April 16, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for FTI Consulting Inc stock
FTI Consulting Inc finds support from accumulated volume at $211.25 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.53 between high and low, or 1.20%. For the last week the stock has had daily average volatility of 2.18%.
Our recommended stop-loss: $200.76 (-5.18%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 41 days ago.)
Trading Expectations (FCN) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect FTI Consulting Inc to open at $212.07, and during the day (based on 14 day Average True Range), to move between $207.89 and $215.57, which gives a possible trading interval of +/-$3.84 (+/-1.81%) up or down from last closing price. If FTI Consulting Inc takes out the full calculated possible swing range there will be an estimated 3.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $211.25 (0.23%) than the resistance at $216.10 (2.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
FTI Consulting Inc will release earnings BMO on Thursday, April 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.76. We will update the financials statements for FTI Consulting Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 9.64% in the first trading day after earnings release.
Is FTI Consulting Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for FTI Consulting Inc stock to perform well in the short-term.
Current score: 4.313 Buy Candidate Unchanged
Predicted Opening Price for FTI Consulting Inc of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $212.07 ( 0.158%) | $211.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FCN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 214.59 | 1.35 % | |
| R2 | 213.63 | 0.90 % | ||
| R1 | 213.03 | 0.614 % | ||
| Current price: | 211.73 | |||
| Support | S1 | 211.10 | -0.297 % | |
| S2 | 210.50 | -0.579 % | ||
| S3 | 209.54 | -1.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 221.67 | 4.69 % | |
| R2 | 216.11 | 2.07 % | ||
| R1 | 216.10 | 2.06 % | ||
| Current price | 211.73 | |||
| Support | S1 | 211.25 | -0.227% | |
| S2 | 206.88 | -2.29% | ||
| S3 | 204.39 | -3.47% |
FCN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 19, 1990 | Oct 16, 1990 | Nov 10, 1990 | $0.104 | 0% |
| 2 | Jun 19, 1990 | Jul 16, 1990 | Aug 10, 1990 | $0.104 | 0% |
| 3 | Mar 20, 1990 | Apr 12, 1990 | May 10, 1990 | $0.0948 | 0% |
| 4 | Dec 20, 1989 | Jan 16, 1990 | Feb 10, 1990 | $0.0948 | 0% |
| 5 | Sep 19, 1989 | Oct 16, 1989 | Nov 10, 1989 | $0.0948 | 0% |
FAQ
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