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 NAVI
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Green day on Wednesday for Navient Corporation
(Updated on Mar 27, 2024)

Buy candidate since Mar 19, 2024 Gain 3.99% PDF

The Navient Corporation stock price gained 0.94% on the last trading day (Wednesday, 27th Mar 2024), rising from $17.06 to $17.22. During the last trading day the stock fluctuated 0.99% from a day low at $17.09 to a day high of $17.26. The price has risen in 6 of the last 10 days and is up by 1.95% 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, 54 thousand more shares were traded than the day before. In total, 534 thousand shares were bought and sold for approximately $9.20 million.

The stock lies the upper part of a wide and falling 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 $17.28 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.53% during the next 3 months and, with a 90% probability hold a price between $13.92 and $15.81 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NAVI Signals & Forecast

Mostly positive signals in the chart today. The Navient Corporation 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 $16.96 and $16.44. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 9.33%. 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 Navient Corporation stock

Navient Corporation finds support from accumulated volume at $16.58 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 $0.170 (0.99%) between high and low. For the last week, the stock has had daily average volatility of 1.70%.

Our recommended stop-loss: $16.24 (-5.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 20 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Navient Corporation to open at $17.19, and during the day (based on 14 day Average True Range), to move between $16.85 and $17.59, which gives a possible trading interval of +/-$0.368 (+/-2.14%) up or down from last closing price. If Navient Corporation takes out the full calculated possible swing range there will be an estimated 4.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $17.41 (1.10%) than the support at $16.58 (3.72%), 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 Navient Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.047 Buy Candidate Unchanged

Predicted Opening Price for Navient Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$17.19 ( 0.174%) $17.22

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

Trading levels for NAVI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.36 0.81 %
R2 17.30 0.436 %
R1 17.25 0.203 %
Current price: 17.22
Support S1 17.13 -0.551 %
S2 17.08 -0.784 %
S3 17.02 -1.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 17.95 4.24 %
R2 17.46 1.39 %
R1 17.41 1.10 %
Current price 17.22
Support S1 16.58 -3.72%
S2 16.45 -4.47%
S3 16.26 -5.57%

NAVI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 15, 2024 Feb 29, 2024 Mar 15, 2024 $0.160 0.97%
2 Nov 15, 2023 Nov 30, 2023 Dec 15, 2023 $0.160 0.83%
3 Aug 09, 2023 Aug 31, 2023 Sep 15, 2023 $0.160 0.89%
4 May 25, 2023 Jun 01, 2023 Jun 16, 2023 $0.160 0.87%
5 Feb 23, 2023 Mar 02, 2023 Mar 17, 2023 $0.160 1.06%

FAQ

What is the symbol for Navient Corporation Stock and on which exchange is it traded?
The symbol for Navient Corporation is NAVI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Navient Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Navient Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Navient Corporation (NAVI) share was $17.22.

What is the 52-week high and low for Navient Corporation Stock?
The 52-week high for Navient Corporation Stock is $19.69 and the 52-week low is $14.10.

What is the market capitalization of Navient Corporation Stock?
As of the 2024-03-27, the market capitalization of Navient Corporation is 1.924B.

When is the next earnings date for Navient Corporation?
The upcoming earnings date for Navient Corporation is Apr 24, 2024.
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About Navient Corporation

Navient Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and perf... NAVI Profile

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