Fidelity National Information Services Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Fidelity National Information Services
(Updated on Apr 19, 2024)
The Fidelity National Information Services stock price gained 1.04% on the last trading day (Friday, 19th Apr 2024), rising from $70.00 to $70.73. During the last trading day the stock fluctuated 1.88% from a day low at $70.34 to a day high of $71.67. The price has fallen in 7 of the last 10 days and is down by -2.36% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $339.85 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $70.21 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 20.68% during the next 3 months and, with a 90% probability hold a price between $84.73 and $93.39 at the end of this 3-month period.
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FIS Signals & Forecast
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 Fidelity National Information Services 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 $70.80 and $71.00. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -4.65%. 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).
Support, Risk & Stop-loss for Fidelity National Information Services stock
Fidelity National Information Services finds support from accumulated volume at $69.75 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 $1.33 between high and low, or 1.88%. For the last week the stock has had daily average volatility of 1.90%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FIS) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Fidelity National Information Services Inc to open at $70.91, and during the day (based on 14 day Average True Range), to move between $69.34 and $72.12, which gives a possible trading interval of +/-$1.39 (+/-1.97%) up or down from last closing price. If Fidelity National Information Services Inc takes out the full calculated possible swing range there will be an estimated 3.93% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $69.75 (1.39%) than the resistance at $72.26 (2.16%), 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
Fidelity National Information Services Inc will release earnings BMO on Thursday, April 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.96. We will update the financials statements for Fidelity National Information Services Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.29% in the first trading day after earnings release.
Is Fidelity National Information Services Inc stock A Buy?
The Fidelity National Information Services stock holds several negative signals and despite the positive trend, we believe Fidelity National Information Services will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.130 Sell Candidate Unchanged
Predicted Opening Price for Fidelity National Information Services Inc of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $70.91 ( 0.257%) | $70.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FIS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 72.24 | 2.13 % | |
| R2 | 71.73 | 1.41 % | ||
| R1 | 71.42 | 0.97 % | ||
| Current price: | 70.73 | |||
| Support | S1 | 70.41 | -0.459 % | |
| S2 | 70.09 | -0.90 % | ||
| S3 | 69.59 | -1.62 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 73.46 | 3.86 % | |
| R2 | 72.30 | 2.22 % | ||
| R1 | 72.26 | 2.16 % | ||
| Current price | 70.73 | |||
| Support | S1 | 69.75 | -1.39% | |
| S2 | 67.33 | -4.81% | ||
| S3 | 60.43 | -14.56% |
FIS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 07, 2024 | Mar 07, 2024 | Mar 22, 2024 | $0.360 | 0.510% |
| 2 | Oct 19, 2023 | Dec 07, 2023 | Dec 22, 2023 | $0.520 | 0.87% |
| 3 | Jul 20, 2023 | Sep 07, 2023 | Sep 22, 2023 | $0.520 | 0.93% |
| 4 | Apr 20, 2023 | Jun 08, 2023 | Sep 22, 2023 | $0.520 | 0.93% |
| 5 | Jan 26, 2023 | Mar 09, 2023 | Mar 24, 2023 | $0.520 | 1.05% |
FAQ
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