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 JRVR
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Big movements in James River Group Holdings stock price on Wednesday moving 10.39% between high and low
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 Gain 9.35% PDF

The James River Group Holdings stock price gained 9.22% on the last trading day (Wednesday, 27th Mar 2024), rising from $8.46 to $9.24. During the last trading day the stock fluctuated 10.39% from a day low at $8.47 to a day high of $9.35. The price has risen in 7 of the last 10 days and is up by 36.48% 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, 201 thousand more shares were traded than the day before. In total, 777 thousand shares were bought and sold for approximately $7.18 million.

The stock lies in the middle of a very 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 -3.89% during the next 3 months and, with a 90% probability hold a price between $6.43 and $10.28 at the end of this 3-month period.

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JRVR Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 36.89%. 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 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 James River Group Holdings 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 $9.28. On a fall, the stock will find some support from the short-term average at $8.46. 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.

Support, Risk & Stop-loss for James River Group Holdings stock

On the downside, the stock finds support just below today's level from accumulated volume at $8.45 and $7.93. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, James River Group Holdings finds support just below today's level at $8.45. If this is broken, then the next support from accumulated volume will be at $7.93 and $7.76.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.88 between high and low, or 10.39%. For the last week, the stock has had daily average volatility of 6.57%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 28th we expect James River Group Holdings to open at $9.02, and during the day (based on 14 day Average True Range), to move between $8.58 and $9.90, which gives a possible trading interval of +/-$0.664 (+/-7.18%) up or down from last closing price. If James River Group Holdings takes out the full calculated possible swing range there will be an estimated 14.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.33 (0.97%) than the support at $8.45 (8.55%), 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 James River Group Holdings stock A Buy?

James River Group Holdings 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.

Current score: -1.102 Sell Candidate Unchanged

Predicted Opening Price for James River Group Holdings of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$9.02 ( 2.38%) $9.24

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

Trading levels for JRVR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.90 7.14 %
R2 9.56 3.50 %
R1 9.36 1.26 %
Current price: 9.24
Support S1 8.68 -6.02 %
S2 8.48 -8.27 %
S3 8.14 -11.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.37 12.23 %
R2 9.99 8.12 %
R1 9.33 0.97 %
Current price 9.24
Support S1 8.45 -8.55%
S2 7.93 -14.18%
S3 7.76 -16.02%

JRVR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 28, 2024 Mar 08, 2024 Mar 29, 2024 $0.0500 0.541%
2 Dec 08, 2023 Dec 08, 2023 Dec 29, 2023 $0.0500 0.541%
3 Aug 07, 2023 Sep 08, 2023 Sep 29, 2023 $0.0500 0.326%
4 Aug 07, 2023 Jun 09, 2023 Jun 30, 2023 $0.0500 0.274%
5 May 27, 2023 Mar 10, 2023 Mar 31, 2023 $0.0500 0.242%

FAQ

What is the symbol for James River Group Holdings Stock and on which exchange is it traded?
The symbol for James River Group Holdings is JRVR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell James River Group Holdings Stock?
James River Group Holdings 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.

How to buy James River Group Holdings Stock?
James River Group Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy James River Group Holdings Stock.

What's the current price of James River Group Holdings Stock?
As of the end of day on the 2024-03-27, the price of an James River Group Holdings (JRVR) share was $9.24.

What is the 52-week high and low for James River Group Holdings Stock?
The 52-week high for James River Group Holdings Stock is $22.15 and the 52-week low is $6.35.

What is the market capitalization of James River Group Holdings Stock?
As of the 2024-03-27, the market capitalization of James River Group Holdings is 318.604M.

When is the next earnings date for James River Group Holdings?
The upcoming earnings date for James River Group Holdings is May 07, 2024.
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