Investors Title Company Stock Forecast
Stronger technical forecast for Investors Title Company stock price after Friday trading.
(Updated on Apr 19, 2024)
The Investors Title Company stock price gained 3.57% on the last trading day (Friday, 19th Apr 2024), rising from $156.12 to $161.69. During the last trading day the stock fluctuated 1.07% from a day low at $159.98 to a day high of $161.69. The price has been going up and down for this period, and there has been a 1.12% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 thousand more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately $687.02 thousand.
The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $160.69, a level that may pose a second chance to hit a runner. According to fan-theory $177.96 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ITIC Signals & Forecast
The Investors Title Company 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 $157.93 and $157.85. A breakdown below any of these levels will issue sell signals. Investors Title Company has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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 -0.92%. 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). The stock had a Golden Star Signal on Tuesday, March 26, 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.
Golden Star
The stock had a Golden Star Signal on Tuesday, March 26, 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 Investors Title Company stock
Investors Title Company finds support from accumulated volume at $161.39 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 $1.72 between high and low, or 1.07%. For the last week the stock has had daily average volatility of 0.97%.
Our recommended stop-loss: $155.30 (-3.95%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (ITIC) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Investors Title Company to open at $161.12, and during the day (based on 14 day Average True Range), to move between $159.23 and $164.15, which gives a possible trading interval of +/-$2.46 (+/-1.52%) up or down from last closing price. If Investors Title Company takes out the full calculated possible swing range there will be an estimated 3.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $161.39 (0.19%) than the resistance at $162.80 (0.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Investors Title Company stock A Buy?
Investors Title Company 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: 0.137 Hold/Accumulate Upgraded
Predicted Opening Price for Investors Title Company of Monday, April 22, 2024
Fair opening price April 22, 2024 | Current price |
---|---|
$161.12 ( 0.354%) | $161.69 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ITIC
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 162.83 | 0.707 % | |
R2 | 162.18 | 0.302 % | ||
R1 | 161.77 | 0.0516 % | ||
Current price: | 161.69 | |||
Support | S1 | 160.46 | -0.759 % | |
S2 | 160.06 | -1.01 % | ||
S3 | 159.40 | -1.41 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 169.60 | 4.89 % | |
R2 | 168.43 | 4.17 % | ||
R1 | 162.80 | 0.686 % | ||
Current price | 161.69 | |||
Support | S1 | 161.39 | -0.186% | |
S2 | 157.60 | -2.53% | ||
S3 | 156.99 | -2.91% |
ITIC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 04, 2024 | Mar 15, 2024 | Mar 29, 2024 | $0.460 | 0.282% |
2 | Nov 06, 2023 | Nov 30, 2023 | Dec 15, 2023 | $1.84 | 1.20% |
3 | Aug 14, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.460 | 0.302% |
4 | May 17, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.460 | 0.315% |
5 | Mar 06, 2023 | Mar 20, 2023 | Jun 30, 2023 | $0.460 | 0.315% |
FAQ
Click here for our free guide on how to buy Investors Title Company Stock.