RSI low/high Values: [ 25 - 75 ]
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AI Analysis of ZZZ.TO
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Red day on Wednesday for Sleep Country Canada Holdings Inc stock after losing 0.0999%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 22, 2024 Gain 17.65% PDF

The Sleep Country Canada Holdings Inc stock price fell by -0.0999% on the last day (Wednesday, 27th Mar 2024) from $30.02 to $29.99. During the last trading day the stock fluctuated 1.64% from a day low at $29.90 to a day high of $30.39. The price has fallen in 6 of the last 10 days but is still up by 0.64% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -101 thousand shares and in total, 66 thousand shares were bought and sold for approximately $1.97 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 21.38% during the next 3 months and, with a 90% probability hold a price between $35.37 and $37.89 at the end of this 3-month period.

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ZZZ.TO Signals & Forecast

The Sleep Country Canada Holdings 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 $29.62 and $28.58. A breakdown below any of these levels will issue sell signals. 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 14, 2024, and so far it has fallen -1.41%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Friday, January 19, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, January 19, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Sleep Country Canada Holdings Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $28.04 and $27.61. 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, Sleep Country Canada Holdings Inc finds support just below today's level at $28.04. If this is broken, then the next support from accumulated volume will be at $27.61 and $27.50.

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 $0.490 (1.64%) between high and low. For the last week, the stock has had daily average volatility of 1.72%.

Our recommended stop-loss: $28.75 (-4.13%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (ZZZ.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Sleep Country Canada Holdings Inc to open at $30.09, and during the day (based on 14 day Average True Range), to move between $29.38 and $30.60, which gives a possible trading interval of +/-$0.605 (+/-2.02%) up or down from last closing price. If Sleep Country Canada Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $30.02 (0.10%) than the support at $28.04 (6.50%), 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 Sleep Country Canada Holdings Inc 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 Sleep Country Canada Holdings Inc stock to perform well in the short-term.

Current score: 1.077 Buy Candidate Unchanged

Predicted Opening Price for Sleep Country Canada Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$30.09 ( 0.345%) $29.99

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

Trading levels for ZZZ.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 30.58 1.98 %
R2 30.40 1.35 %
R1 30.28 0.97 %
Current price: 29.99
Support S1 29.91 -0.280 %
S2 29.79 -0.665 %
S3 29.60 -1.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 30.42 1.43 %
R1 30.02 0.100 %
Current price 29.99
Support S1 28.04 -6.50%
S2 27.61 -7.94%
S3 27.50 -8.30%

ZZZ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Feb 20, 2024 Feb 29, 2024 $0.237 0.83%
2 Nov 23, 2023 Nov 23, 2023 Nov 30, 2023 $0.237 1.00%
3 Aug 10, 2023 Aug 24, 2023 Aug 31, 2023 $0.237 0.96%
4 May 23, 2023 May 23, 2023 May 31, 2023 $0.237 0.90%
5 Feb 09, 2023 Feb 16, 2023 Feb 28, 2023 $0.215 0.83%

FAQ

What is the symbol for Sleep Country Canada Holdings Inc Stock and on which exchange is it traded?
The symbol for Sleep Country Canada Holdings Inc is ZZZ.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Sleep Country Canada Holdings Inc 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 Sleep Country Canada Holdings Inc stock to perform well in the short-term.

How to buy Sleep Country Canada Holdings Inc Stock?
Sleep Country Canada Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sleep Country Canada Holdings Inc Stock.

What's the current price of Sleep Country Canada Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an Sleep Country Canada Holdings Inc (ZZZ.TO) share was $29.99.

What is the 52-week high and low for Sleep Country Canada Holdings Inc Stock?
The 52-week high for Sleep Country Canada Holdings Inc Stock is $30.50 and the 52-week low is $21.31.

What is the market capitalization of Sleep Country Canada Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of Sleep Country Canada Holdings Inc is 1.006B.

When is the next earnings date for Sleep Country Canada Holdings Inc?
The upcoming earnings date for Sleep Country Canada Holdings Inc is May 06, 2024.
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About Sleep Country Canada Holdings Inc

Sleep Country Canada Holdings Sleep Country Canada Holdings Inc. engages in retailing mattress and bedding-related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, platforms, metal frames, blankets, mattress pads, and other sleep accessories. The company operates under th... ZZZ.TO Profile

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