RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GILT
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Green day on Thursday for Gilat Satellite Networks Ltd.
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 2.74% PDF

The Gilat Satellite Networks Ltd. stock price gained 2.74% on the last trading day (Thursday, 28th Mar 2024), rising from $5.29 to $5.43. During the last trading day the stock fluctuated 3.42% from a day low at $5.27 to a day high of $5.45. The price has fallen in 6 of the last 10 days and is down by -2.16% for this period. Volume fell on the last day by -17 thousand shares and in total, 96 thousand shares were bought and sold for approximately $520.20 thousand. 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 lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $5.26 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.31% during the next 3 months and, with a 90% probability hold a price between $4.72 and $5.52 at the end of this 3-month period.

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GILT Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 2.84%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Gilat Satellite Networks Ltd. 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 $5.45 and $5.86. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Gilat Satellite Networks Ltd. stock

Gilat Satellite Networks Ltd. finds support from accumulated volume at $5.29 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.180 between high and low, or 3.42%. For the last week the stock has had daily average volatility of 2.53%.

Our recommended stop-loss: $5.18 (-4.68%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (GILT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Gilat Satellite Networks Ltd. to open at $5.38, and during the day (based on 14 day Average True Range), to move between $5.28 and $5.58, which gives a possible trading interval of +/-$0.152 (+/-2.81%) up or down from last closing price. If Gilat Satellite Networks Ltd. takes out the full calculated possible swing range there will be an estimated 5.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.29 (2.67%) than the resistance at $5.77 (6.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Gilat Satellite Networks Ltd. stock A Buy?

Gilat Satellite Networks Ltd. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.026 Hold/Accumulate Unchanged

Predicted Opening Price for Gilat Satellite Networks Ltd. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.38 ( 0.86%) $5.43

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GILT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.56 2.46 %
R2 5.49 1.19 %
R1 5.45 0.407 %
Current price: 5.43
Support S1 5.31 -2.13 %
S2 5.27 -2.91 %
S3 5.20 -4.17 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.50 19.71 %
R2 6.00 10.50 %
R1 5.77 6.26 %
Current price 5.43
Support S1 5.29 -2.67%
S2 5.28 -2.76%
S3 0 .

GILT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 31, 2020 Jan 08, 2021 Jan 20, 2021 $0.630 6.72%
2 Oct 30, 2020 Nov 10, 2020 Dec 02, 2020 $0.360 6.00%
3 Mar 19, 2019 Mar 27, 2019 Apr 11, 2019 $0.450 5.34%

FAQ

What is the symbol for Gilat Satellite Networks Ltd. Stock and on which exchange is it traded?
The symbol for Gilat Satellite Networks Ltd. is GILT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Gilat Satellite Networks Ltd. Stock?
Gilat Satellite Networks Ltd. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Gilat Satellite Networks Ltd. Stock?
Gilat Satellite Networks Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Gilat Satellite Networks Ltd. Stock.

What's the current price of Gilat Satellite Networks Ltd. Stock?
As of the end of day on the 2024-03-28, the price of an Gilat Satellite Networks Ltd. (GILT) share was $5.43.

What is the 52-week high and low for Gilat Satellite Networks Ltd. Stock?
The 52-week high for Gilat Satellite Networks Ltd. Stock is $7.16 and the 52-week low is $4.51.

What is the market capitalization of Gilat Satellite Networks Ltd. Stock?
As of the 2024-03-28, the market capitalization of Gilat Satellite Networks Ltd. is 301.33M.

When is the next earnings date for Gilat Satellite Networks Ltd.?
The upcoming earnings date for Gilat Satellite Networks Ltd. is May 07, 2024.
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About Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd. Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel and internationally. It operates through Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects segments. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of very small aperture terminals, ... GILT Profile

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