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 IBDRY
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Green day on Wednesday for Iberdrola, S.A. stock after gaining 1.83%
(Updated on Mar 27, 2024)

Buy candidate since Mar 20, 2024 Gain 4.04% PDF

The Iberdrola, S.A. stock price gained 1.83% on the last trading day (Wednesday, 27th Mar 2024), rising from $49.62 to $50.53. 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 1.12% from a day low at $49.97 to a day high of $50.53. The price has risen in 6 of the last 10 days and is up by 5.12% over the past 2 weeks. Volume fell on the last day by -352 thousand shares and in total, 82 thousand shares were bought and sold for approximately $4.13 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.

Given the current short-term trend, the stock is expected to fall -6.89% during the next 3 months and, with a 90% probability hold a price between $41.12 and $47.05 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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IBDRY Signals & Forecast

Mostly positive signals in the chart today. The Iberdrola, S.A. 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 $49.04 and $47.21. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 11.03%. 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). 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.

Support, Risk & Stop-loss for Iberdrola, S.A. stock

Iberdrola, S.A. finds support from accumulated volume at $49.62 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 $0.560 between high and low, or 1.12%. For the last week, the stock has had daily average volatility of 0.96%.

Our recommended stop-loss: $48.11 (-4.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (IBDRY) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Iberdrola, S.A. to open at $50.34, and during the day (based on 14 day Average True Range), to move between $49.82 and $51.24, which gives a possible trading interval of +/-$0.705 (+/-1.40%) up or down from last closing price. If Iberdrola, S.A. takes out the full calculated possible swing range there will be an estimated 2.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $50.57 (0.08%) than the support at $49.62 (1.80%), 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 Iberdrola, S.A. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.979 Buy Candidate Unchanged

Predicted Opening Price for Iberdrola, S.A. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$50.34 ( 0.369%) $50.53

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

Trading levels for IBDRY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 50.90 0.739 %
R2 50.69 0.315 %
R1 50.56 0.0539 %
Current price: 50.53
Support S1 50.13 -0.793 %
S2 50.00 -1.05 %
S3 49.78 -1.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 51.18 1.29 %
R2 51.10 1.13 %
R1 50.57 0.0792 %
Current price 50.53
Support S1 49.62 -1.80%
S2 48.11 -4.79%
S3 46.58 -7.82%

IBDRY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 09, 2024 Jan 09, 2024 Feb 13, 2024 $0.658 1.42%
2 Jun 26, 2023 Jul 07, 2023 Aug 08, 2023 $1.38 2.90%
3 Jul 19, 2023 Apr 20, 2023 May 15, 2023 $0.0220 0.0427%
4 Dec 30, 2022 Jan 06, 2023 Feb 13, 2023 $0.762 1.66%
5 Jul 01, 2022 Jul 08, 2022 Aug 12, 2022 $1.15 2.61%

FAQ

What is the symbol for Iberdrola, S.A. Stock and on which exchange is it traded?
The symbol for Iberdrola, S.A. is IBDRY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Iberdrola, S.A. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Iberdrola, S.A. Stock?
Iberdrola, S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Iberdrola, S.A. Stock.

What's the current price of Iberdrola, S.A. Stock?
As of the end of day on the 2024-03-27, the price of an Iberdrola, S.A. (IBDRY) share was $50.53.

What is the 52-week high and low for Iberdrola, S.A. Stock?
The 52-week high for Iberdrola, S.A. Stock is $53.19 and the 52-week low is $41.24.

What is the market capitalization of Iberdrola, S.A. Stock?
As of the 2024-03-27, the market capitalization of Iberdrola, S.A. is 78.057B.

When is the next earnings date for Iberdrola, S.A.?
The upcoming earnings date for Iberdrola, S.A. is Apr 24, 2024.
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About Iberdrola, S.A.

Iberdrola S.A. Iberdrola, S.A. engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally. It generates and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, solar photovoltaic, combined cycle gas, nuclear, and biomass, as well as through installation of batteries. The company is also involved in the purchase and sale of electricity and gas on wholesale markets; develop... IBDRY Profile

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