KBR Inc 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
KBR Inc stock price ended at $62.67 on Friday, after gaining 0.87%.
(Updated on Apr 19, 2024)
The KBR Inc stock price gained 0.87% on the last trading day (Friday, 19th Apr 2024), rising from $62.13 to $62.67. During the last trading day the stock fluctuated 0.93% from a day low at $62.30 to a day high of $62.89. The price has fallen in 7 of the last 10 days and is down by -3.48% for this period. Volume fell on the last day by -299 thousand shares and in total, 551 thousand shares were bought and sold for approximately $34.52 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.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $62.34 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 23.53% during the next 3 months and, with a 90% probability hold a price between $77.00 and $82.75 at the end of this 3-month period.
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KBR Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, April 05, 2024, and so far it has fallen -3.48%. 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). The KBR Inc 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 $62.44 and $62.13. A breakdown below any of these levels will issue sell signals. 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 KBR Inc stock
KBR Inc finds support from accumulated volume at $61.72 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 $0.581 between high and low, or 0.93%. For the last week the stock has had daily average volatility of 1.58%.
Our recommended stop-loss: $59.98 (-4.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)
Trading Expectations (KBR) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect KBR Inc to open at $62.62, and during the day (based on 14 day Average True Range), to move between $61.64 and $63.70, which gives a possible trading interval of +/-$1.03 (+/-1.64%) up or down from last closing price. If KBR Inc takes out the full calculated possible swing range there will be an estimated 3.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $61.72 (1.52%) than the resistance at $63.66 (1.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KBR Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KBR Inc stock to perform well in the short-term.
Current score: 2.558 Buy Candidate Unchanged
Predicted Opening Price for KBR Inc of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $62.62 ( 0.0802%) | $62.67 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KBR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 63.20 | 0.85 % | |
| R2 | 62.98 | 0.492 % | ||
| R1 | 62.84 | 0.274 % | ||
| Current price: | 62.67 | |||
| Support | S1 | 62.40 | -0.434 % | |
| S2 | 62.26 | -0.653 % | ||
| S3 | 62.04 | -1.01 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 64.32 | 2.63 % | |
| R2 | 63.68 | 1.61 % | ||
| R1 | 63.66 | 1.58 % | ||
| Current price | 62.67 | |||
| Support | S1 | 61.72 | -1.52% | |
| S2 | 58.84 | -6.11% | ||
| S3 | 57.45 | -8.33% |
KBR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 19, 2024 | Mar 14, 2024 | Apr 15, 2024 | $0.150 | 0.243% |
| 2 | Oct 18, 2023 | Dec 14, 2023 | Jan 16, 2024 | $0.140 | 0.259% |
| 3 | Aug 23, 2023 | Sep 14, 2023 | Oct 16, 2023 | $0.140 | 0.229% |
| 4 | May 17, 2023 | Jun 14, 2023 | Jul 14, 2023 | $0.135 | 0.210% |
| 5 | Feb 10, 2023 | Mar 14, 2023 | Apr 14, 2023 | $0.135 | 0.239% |
FAQ
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