Fair Isaac Corporation Stock Forecast
Fair Isaac Corporation stock downgraded from Hold/Accumulate to Sell Candidate after Thursday trading session.
(Updated on Apr 25, 2024)
The Fair Isaac Corporation stock price gained 0.0528% on the last trading day (Thursday, 25th Apr 2024), rising from $1,193.03 to $1,193.66. It has now gained 4 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 3.67% from a day low at $1,168.83 to a day high of $1,211.77. The price has risen in 7 of the last 10 days and is up by 0.17% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 48 thousand more shares were traded than the day before. In total, 216 thousand shares were bought and sold for approximately $258.03 million.
The stock lies in the middle of a wide and 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 -6.78% during the next 3 months and, with a 90% probability hold a price between $1,047.86 and $1,196.81 at the end of this 3-month period.
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FICO Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 5.63%. 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 Fair Isaac Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1,225.90. On a fall, the stock will find some support from the short-term average at $1,167.30. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Fair Isaac Corporation stock
Fair Isaac Corporation finds support from accumulated volume at $1,188.19 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 $42.94 between high and low, or 3.67%. For the last week, the stock has had daily average volatility of 3.13%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FICO) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Fair Isaac Corporation to open at $1,191.42, and during the day (based on 14 day Average True Range), to move between $1,158.17 and $1,229.15, which gives a possible trading interval of +/-$35.49 (+/-2.97%) up or down from last closing price. If Fair Isaac Corporation takes out the full calculated possible swing range there will be an estimated 5.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $1,196.36 (0.23%) than the support at $1,188.19 (0.46%), 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 Fair Isaac Corporation stock A Buy?
Fair Isaac Corporation 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. 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: -1.080 Sell Candidate Downgraded
Predicted Opening Price for Fair Isaac Corporation of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $1,191.42 ( 0.188%) | $1,193.66 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FICO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,234.36 | 3.41 % | |
| R2 | 1,217.96 | 2.04 % | ||
| R1 | 1,207.82 | 1.19 % | ||
| Current price: | 1,193.66 | |||
| Support | S1 | 1,175.02 | -1.56 % | |
| S2 | 1,164.88 | -2.41 % | ||
| S3 | 1,148.48 | -3.78 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,245.82 | 4.37 % | |
| R2 | 1,202.00 | 0.699 % | ||
| R1 | 1,196.36 | 0.226 % | ||
| Current price | 1,193.66 | |||
| Support | S1 | 1,188.19 | -0.458% | |
| S2 | 1,162.25 | -2.63% | ||
| S3 | 1,150.66 | -3.60% |
FICO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 16, 2017 | Mar 01, 2017 | Mar 17, 2017 | $0.0200 | 0.0152% |
| 2 | Oct 27, 2016 | Nov 30, 2016 | Dec 16, 2016 | $0.0200 | 0.0165% |
| 3 | Aug 24, 2016 | Sep 12, 2016 | Sep 28, 2016 | $0.0200 | 0.0157% |
| 4 | May 12, 2016 | May 23, 2016 | Jun 08, 2016 | $0.0200 | 0.0174% |
| 5 | Feb 25, 2016 | Mar 07, 2016 | Mar 18, 2016 | $0.0200 | 0.0192% |
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