Kemper Corporation 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
Evaluation of Kemper Corporation stock downgraded after the last trading session.
(Updated on Apr 25, 2024)
The Kemper Corporation stock price fell by -2.80% on the last day (Thursday, 25th Apr 2024) from $60.40 to $58.71. During the last trading day the stock fluctuated 2.76% from a day low at $58.40 to a day high of $60.01. The price has risen in 8 of the last 10 days and is up by 6.01% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -505 thousand shares and in total, 499 thousand shares were bought and sold for approximately $29.29 million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Kemper Corporation stock with a 90% probability to be traded between $53.78 and $62.80 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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KMPR Signals & Forecast
The Kemper Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $58.20 and $58.53. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -2.80%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Kemper Corporation stock
Kemper Corporation finds support from accumulated volume at $57.67 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 $1.61 between high and low, or 2.76%. For the last week, the stock has had daily average volatility of 2.51%.
Our recommended stop-loss: $55.76 (-5.02%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (KMPR) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Kemper Corporation to open at $59.04, and during the day (based on 14 day Average True Range), to move between $56.98 and $60.44, which gives a possible trading interval of +/-$1.73 (+/-2.94%) up or down from last closing price. If Kemper Corporation takes out the full calculated possible swing range there will be an estimated 5.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $58.74 (0.05%) than the support at $57.67 (1.77%), 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 Kemper Corporation stock A Buy?
Kemper Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.353 Hold/Accumulate Downgraded
Predicted Opening Price for Kemper Corporation of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $59.04 ( 0.564%) | $58.71 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KMPR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 60.65 | 3.31 % | |
| R2 | 60.04 | 2.26 % | ||
| R1 | 59.66 | 1.61 % | ||
| Current price: | 58.71 | |||
| Support | S1 | 58.42 | -0.486 % | |
| S2 | 58.04 | -1.13 % | ||
| S3 | 57.43 | -2.18 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 60.40 | 2.88 % | |
| R2 | 59.44 | 1.24 % | ||
| R1 | 58.74 | 0.0511 % | ||
| Current price | 58.71 | |||
| Support | S1 | 57.67 | -1.77% | |
| S2 | 57.33 | -2.35% | ||
| S3 | 55.90 | -4.79% |
KMPR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 08, 2024 | Feb 16, 2024 | Mar 05, 2024 | $0.310 | 0.534% |
| 2 | Oct 31, 2023 | Nov 13, 2023 | Nov 30, 2023 | $0.310 | 0.701% |
| 3 | Aug 02, 2023 | Aug 11, 2023 | Aug 28, 2023 | $0.310 | 0.670% |
| 4 | May 03, 2023 | May 12, 2023 | May 30, 2023 | $0.310 | 0.701% |
| 5 | Feb 01, 2023 | Feb 10, 2023 | Feb 28, 2023 | $0.310 | 0.503% |
FAQ
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