New Senior Investment Group Inc Stock Forecast
Red day on Friday for New Senior Investment Group Inc
(Updated on Apr 19, 2024)
The New Senior Investment Group Inc stock price fell by -1.23% on the last day (Friday, 19th Apr 2024) from £162.00 to £160.00. During the last trading day the stock fluctuated 4.52% from a day low at £159.20 to a day high of £166.40. The price has fallen in 6 of the last 10 days and is down by -6.65% for this period. Volume has increased on the last day by 549 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, 720 thousand shares were bought and sold for approximately £115.25 million.
The stock has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at £168.18. A reaction back to this level may hold a second chance to get out before further falls.
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SNR.L Signals & Forecast
There are few to no technical positive signals at the moment. The New Senior Investment Group Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £163.71 and £169.79. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -10.41%. 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). 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 New Senior Investment Group Inc stock
New Senior Investment Group Inc finds support from accumulated volume at £159.60 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 £7.20 between high and low, or 4.52%. For the last week, the stock has had daily average volatility of 4.61%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SNR.L) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect New Senior Investment Group Inc to open at £161.87, and during the day (based on 14 day Average True Range), to move between £153.85 and £166.15, which gives a possible trading interval of +/-£6.15 (+/-3.84%) up or down from last closing price. If New Senior Investment Group Inc takes out the full calculated possible swing range there will be an estimated 7.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £160.20 (0.12%) than the support at £159.60 (0.25%), 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 New Senior Investment Group Inc stock A Buy?
The New Senior Investment Group Inc stock holds several negative signals and despite the positive trend, we believe New Senior Investment Group Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.153 Sell Candidate Unchanged
Predicted Opening Price for New Senior Investment Group Inc of Monday, April 22, 2024
Fair opening price April 22, 2024 | Current price |
---|---|
£161.87 ( 1.17%) | £160.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SNR.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 169.07 | 5.67 % | |
R2 | 166.32 | 3.95 % | ||
R1 | 164.62 | 2.89 % | ||
Current price: | 160.00 | |||
Support | S1 | 159.12 | -0.552 % | |
S2 | 157.42 | -1.61 % | ||
S3 | 154.67 | -3.33 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 175.00 | 9.38 % | |
R2 | 171.00 | 6.88 % | ||
R1 | 160.20 | 0.125 % | ||
Current price | 160.00 | |||
Support | S1 | 159.60 | -0.250% | |
S2 | 157.60 | -1.50% | ||
S3 | 155.00 | -3.13% |
SNR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 02, 2024 | May 02, 2024 | May 31, 2024 | £1.70 | 1.06% |
2 | Feb 27, 2023 | Apr 27, 2023 | May 26, 2023 | £1.00 | 0.581% |
3 | Aug 01, 2022 | Oct 13, 2022 | Nov 11, 2022 | £0.300 | 0.242% |
4 | Mar 02, 2020 | Apr 30, 2020 | May 29, 2020 | £5.23 | 8.44% |
5 | Aug 05, 2019 | Oct 31, 2019 | Nov 29, 2019 | £2.28 | 1.26% |
FAQ
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