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 KFRC
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Green day on Thursday for Kforce Inc. stock after gaining 0.786%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 14, 2024 Gain 3.40% PDF

The Kforce Inc. stock price gained 0.786% on the last trading day (Thursday, 28th Mar 2024), rising from $69.97 to $70.52. During the last trading day the stock fluctuated 2.20% from a day low at $69.94 to a day high of $71.48. The price has been going up and down for this period, and there has been a 3.4% gain for the last 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 108 thousand shares were bought and sold for approximately $7.65 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 middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.80% during the next 3 months and, with a 90% probability hold a price between $73.42 and $80.47 at the end of this 3-month period.

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KFRC Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -3.94%. 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 Kforce 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 $70.07 and $69.49. 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 Kforce Inc. stock

Kforce Inc. finds support from accumulated volume at $68.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.54 (2.20%) between high and low. For the last week, the stock has had daily average volatility of 1.68%.

Our recommended stop-loss: $67.54 (-4.23%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Kforce Inc. to open at $70.64, and during the day (based on 14 day Average True Range), to move between $68.97 and $72.07, which gives a possible trading interval of +/-$1.55 (+/-2.20%) up or down from last closing price. If Kforce Inc. takes out the full calculated possible swing range there will be an estimated 4.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $71.20 (0.96%) than the support at $68.72 (2.55%), 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 Kforce 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 Kforce Inc. stock to perform well in the short-term.

Current score: 2.530 Buy Candidate Unchanged

Predicted Opening Price for Kforce Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$70.64 ( 0.175%) $70.52

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

Trading levels for KFRC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 72.18 2.36 %
R2 71.60 1.52 %
R1 71.23 1.01 %
Current price: 70.52
Support S1 70.06 -0.659 %
S2 69.69 -1.17 %
S3 69.10 -2.01 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 73.08 3.63 %
R2 71.83 1.86 %
R1 71.20 0.96 %
Current price 70.52
Support S1 68.72 -2.55%
S2 68.55 -2.79%
S3 67.85 -3.79%

KFRC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 02, 2024 Mar 14, 2024 Mar 29, 2024 $0.380 0.539%
2 Oct 27, 2023 Dec 14, 2023 Dec 29, 2023 $0.360 0.533%
3 Jul 28, 2023 Sep 14, 2023 Sep 29, 2023 $0.360 0.603%
4 May 05, 2023 Jun 15, 2023 Jun 30, 2023 $0.360 0.575%
5 Feb 03, 2023 Mar 09, 2023 Mar 24, 2023 $0.360 0.584%

FAQ

What is the symbol for Kforce Inc. Stock and on which exchange is it traded?
The symbol for Kforce Inc. is KFRC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kforce Inc. Stock?
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 Kforce Inc. stock to perform well in the short-term.

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

What's the current price of Kforce Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Kforce Inc. (KFRC) share was $70.52.

What is the 52-week high and low for Kforce Inc. Stock?
The 52-week high for Kforce Inc. Stock is $74.79 and the 52-week low is $50.95.

What is the market capitalization of Kforce Inc. Stock?
As of the 2024-03-28, the market capitalization of Kforce Inc. is 1.376B.

When is the next earnings date for Kforce Inc.?
The upcoming earnings date for Kforce Inc. is May 13, 2024.
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About Kforce Inc.

Kforce. Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program man... KFRC Profile

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