Insperity 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
Insperity Inc stock upgraded to Hold/Accumulate.
(Updated on Apr 22, 2024)
The Insperity Inc stock price gained 0.609% on the last trading day (Monday, 22nd Apr 2024), rising from $108.35 to $109.01. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.22% from a day low at $108.33 to a day high of $109.65. The price has risen in 6 of the last 10 days and is up by 1.1% 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, 22 thousand more shares were traded than the day before. In total, 188 thousand shares were bought and sold for approximately $20.50 million.
The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $109.07 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Insperity Inc stock with a 90% probability to be traded between $89.02 and $107.03 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. 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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NSP Signals & Forecast
The Insperity 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 $106.56 and $103.92. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Thursday, March 28, 2024, and so far it has fallen -0.547%. 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).
Support, Risk & Stop-loss for Insperity Inc stock
On the downside, the stock finds support just below today's level from accumulated volume at $101.37 and $96.37. 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, Insperity Inc finds support just below today's level at $101.37. If this is broken, then the next support from accumulated volume will be at $96.37 and $96.35.
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 $1.32 between high and low, or 1.22%. For the last week the stock has had daily average volatility of 1.57%.
Our recommended stop-loss: $104.73 (-3.92%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)
Trading Expectations (NSP) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Insperity Inc to open at $109.00, and during the day (based on 14 day Average True Range), to move between $106.85 and $111.17, which gives a possible trading interval of +/-$2.16 (+/-1.98%) up or down from last closing price. If Insperity Inc takes out the full calculated possible swing range there will be an estimated 3.97% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $109.61 (0.55%) than the support at $101.37 (7.01%), 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 Insperity Inc stock A Buy?
Insperity Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.108 Hold/Accumulate Upgraded
Predicted Opening Price for Insperity Inc of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $109.00 ( 0.0122%) | $109.01 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NSP
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 110.32 | 1.20 % | |
| R2 | 109.81 | 0.736 % | ||
| R1 | 109.50 | 0.450 % | ||
| Current price: | 109.01 | |||
| Support | S1 | 108.49 | -0.475 % | |
| S2 | 108.18 | -0.761 % | ||
| S3 | 107.68 | -1.22 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 115.00 | 5.49 % | |
| R2 | 114.87 | 5.38 % | ||
| R1 | 109.61 | 0.550 % | ||
| Current price | 109.01 | |||
| Support | S1 | 101.37 | -7.01% | |
| S2 | 96.37 | -11.60% | ||
| S3 | 96.35 | -11.61% |
NSP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Mar 06, 2024 | Mar 21, 2024 | $0.570 | 0.554% |
| 2 | Nov 16, 2023 | Dec 01, 2023 | Dec 18, 2023 | $0.570 | 0.490% |
| 3 | Aug 24, 2023 | Sep 07, 2023 | Sep 22, 2023 | $0.570 | 0.599% |
| 4 | May 24, 2023 | Jun 07, 2023 | Jun 22, 2023 | $0.570 | 0.468% |
| 5 | Feb 24, 2023 | Mar 09, 2023 | Mar 24, 2023 | $0.520 | 0.449% |
FAQ
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