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 LAZ
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Lazard Ltd stock downgraded from Strong Buy Candidate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 15, 2024 Gain 7.41% PDF

The Lazard Ltd stock price gained 1.18% on the last trading day (Thursday, 28th Mar 2024), rising from $41.38 to $41.87. During the last trading day the stock fluctuated 2.92% from a day low at $41.04 to a day high of $42.24. The price has risen in 7 of the last 10 days and is up by 8.08% 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, 544 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $51.21 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $42.46 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.41% during the next 3 months and, with a 90% probability hold a price between $40.33 and $44.76 at the end of this 3-month period.

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LAZ Signals & Forecast

Mostly positive signals in the chart today. The Lazard Ltd 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 $40.62 and $39.05. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 12.71%. 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.

Support, Risk & Stop-loss for Lazard Ltd stock

On the downside, the stock finds support just below today's level from accumulated volume at $38.98 and $38.55. 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, Lazard Ltd finds support just below today's level at $38.98. If this is broken, then the next support from accumulated volume will be at $38.55 and $37.72.

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 $1.20 (2.92%) between high and low. For the last week, the stock has had daily average volatility of 2.52%.

Our recommended stop-loss: $40.30 (-3.74%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Lazard Ltd to open at $41.72, and during the day (based on 14 day Average True Range), to move between $40.65 and $43.09, which gives a possible trading interval of +/-$1.22 (+/-2.92%) up or down from last closing price. If Lazard Ltd takes out the full calculated possible swing range there will be an estimated 5.84% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $38.98, some $2.89 (6.90%) from the current price of $41.87, our system finds the risk reward attractive.

Is Lazard Ltd 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 Lazard Ltd stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.936 Buy Candidate Downgraded

Predicted Opening Price for Lazard Ltd of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$41.72 ( 0.366%) $41.87

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

Trading levels for LAZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 42.92 2.50 %
R2 42.46 1.40 %
R1 42.18 0.729 %
Current price: 41.87
Support S1 41.26 -1.46 %
S2 40.98 -2.14 %
S3 40.52 -3.23 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 41.87
Support S1 38.98 -6.90%
S2 38.55 -7.93%
S3 37.72 -9.91%

LAZ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 09, 2024 Feb 23, 2024 $0.500 1.30%
2 Oct 25, 2023 Nov 03, 2023 Nov 17, 2023 $0.500 1.86%
3 Jul 26, 2023 Aug 04, 2023 Aug 18, 2023 $0.500 1.49%
4 Apr 26, 2023 May 05, 2023 May 19, 2023 $0.500 1.77%
5 Feb 01, 2023 Feb 10, 2023 Feb 24, 2023 $0.500 1.36%

FAQ

What is the symbol for Lazard Ltd Stock and on which exchange is it traded?
The symbol for Lazard Ltd is LAZ and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Lazard Ltd 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 Lazard Ltd stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

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

What's the current price of Lazard Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Lazard Ltd (LAZ) share was $41.87.

What is the 52-week high and low for Lazard Ltd Stock?
The 52-week high for Lazard Ltd Stock is $42.24 and the 52-week low is $25.83.

What is the market capitalization of Lazard Ltd Stock?
As of the 2024-03-28, the market capitalization of Lazard Ltd is 3.66B.

When is the next earnings date for Lazard Ltd?
The upcoming earnings date for Lazard Ltd is Apr 26, 2024.
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About Lazard Ltd

Lazard Ltd Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, ... LAZ Profile

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