Rosetta Stone Inc Stock Forecast
Rosetta Stone Inc stock upgraded to Hold/Accumulate.
(Updated on Apr 16, 2024)
The Rosetta Stone Inc stock price fell by -0.224% on the last day (Tuesday, 16th Apr 2024) from £223.00 to £222.50. During the last trading day the stock fluctuated 2.27% from a day low at £220.00 to a day high of £225.00. The price has risen in 5 of the last 10 days and is up by 1.14% over the past 2 weeks. Volume has increased on the last day by 112 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 436 thousand shares were bought and sold for approximately £96.95 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.34% during the next 3 months and, with a 90% probability hold a price between £197.60 and £225.14 at the end of this 3-month period.
RST.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 2.77%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Rosetta Stone Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £224.43. On a fall, the stock will find some support from the short-term average at £222.36. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Rosetta Stone Inc stock
Rosetta Stone Inc finds support from accumulated volume at £222.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 £5.00 between high and low, or 2.27%. For the last week the stock has had daily average volatility of 2.64%.
Our recommended stop-loss: £211.10 (-5.12%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (RST.L) For The Upcoming Trading Day Of Wednesday 17th
For the upcoming trading day on Wednesday, 17th we expect Rosetta Stone Inc to open at £222.50, and during the day (based on 14 day Average True Range), to move between £217.23 and £227.77, which gives a possible trading interval of +/-£5.27 (+/-2.37%) up or down from last closing price. If Rosetta Stone Inc takes out the full calculated possible swing range there will be an estimated 4.74% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £222.00 (0.22%) than the resistance at £228.00 (2.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Rosetta Stone Inc stock A Buy?
Rosetta Stone 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: -0.435 Hold/Accumulate Upgraded
Predicted Opening Price for Rosetta Stone Inc of Wednesday, April 17, 2024
Fair opening price April 17, 2024 | Current price |
---|---|
£222.50 ( 0%) | £222.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RST.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 227.50 | 2.25 % | |
R2 | 225.59 | 1.39 % | ||
R1 | 224.41 | 0.86 % | ||
Current price: | 222.50 | |||
Support | S1 | 220.59 | -0.86 % | |
S2 | 219.41 | -1.39 % | ||
S3 | 217.50 | -2.25 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 230.00 | 3.37 % | |
R2 | 229.50 | 3.15 % | ||
R1 | 228.00 | 2.47 % | ||
Current price | 222.50 | |||
Support | S1 | 222.00 | -0.225% | |
S2 | 220.00 | -1.12% | ||
S3 | 218.00 | -2.02% |
RST Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 06, 2024 | Jun 06, 2024 | Jul 09, 2024 | £3.35 | 1.51% |
2 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | £4.80 | 1.82% |
3 | Jul 28, 2022 | Sep 15, 2022 | Oct 14, 2022 | £2.60 | 0.699% |
4 | Mar 16, 2022 | Jun 01, 2022 | Jul 08, 2022 | £4.70 | 1.08% |
5 | Jul 27, 2021 | Sep 16, 2021 | Oct 15, 2021 | £2.50 | 0.505% |
FAQ
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