Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Dayforce Inc shares valued at $71,330 were purchased by STEPHEN H HOLDRIDGE on Jan 15 ’25. At $71.33 per share, STEPHEN H HOLDRIDGE acquired 1,000 shares.
Also, Holdridge Stephen H. sold 1,000 shares, netting a total of over 77,290 in proceeds. Following the sale of shares at $77.29 each, the insider now holds 120,022 shares.
Before that, STEPHEN H HOLDRIDGE had added 1,000 shares to its account. In a trade valued at $77,290, the Officer bought Dayforce Inc shares for $77.29 each.
As published in a research note from Deutsche Bank on January 08, 2025, Dayforce Inc [DAY] has been rated down from a Buy to a Hold and the price target has been revised to $80 from $85. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in mid November. As of November 13, 2024, BMO Capital Markets has reiterated its “an Outperform” rating for DAY. Earlier on November 01, 2024, BMO Capital Markets resumed its rating. Their recommendation was “an Outperform” for DAY stock.
Analyzing DAY Stock Performance
During the last five days, there has been a surge of approximately 0.07%. Over the course of the year, Dayforce Inc shares have dropped approximately -3.39%. Shares of the company reached a 52-week high of $74.66 on 01/06/25 and a 52-week low of $68.82 on 01/10/25. A 50-day SMA is recorded $76.10, while a 200-day SMA reached $62.06. Nevertheless, trading volume fell to 1.54 million shares from 2.14 million shares the previous day.
Support And Resistance Levels for Dayforce Inc (DAY)
According to the 24-hour chart, there is a support level at 69.50, which, if violated, would cause prices to drop to 68.82. In the upper region, resistance lies at 70.78. The next price resistance is at 71.38. RSI (Relative Strength Index) is 35.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.38, which suggests the price will decrease in the coming days. Percent R is at 76.95%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
