NYSE trade advice (A): US business services stock | 6-7% gain | USA stock trading idea on 7 Aug 2024

Date
August 7, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

US Stocks Trading Signals

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Fair Isaac
  • 1620 – 1650
  • 1740 – 1760
  • Below 1560
  • 6% – 7%
  • 12 - 14 Days
  • Buy
    Fair Isaac
  • Buy
    Range
    1620 – 1650
  • Target
    1740 – 1760
  • Stoploss
    Below 1560
  • Upside
    Potential
    6% – 7%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Fair Isaac (NYSE: FICO) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • FICO
  • Fair Isaac
  • Business Services
  • 1677.01
  • 811.99
  • NYSE code FICO
  • Stock Name Fair Isaac
  • Sector Business Services
  • 52 Weeks High 1677.01
  • 52 Weeks Low 811.99
  • Fair Isaac (NYSE: FICO) vs NYSE - Relative Strength Comparison

    The image highlights Fair Isaac's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    FICO —   NYSE —

  • Fair Isaac (NYSE: FICO) - Technical Analysis (Daily)

    Fair Isaac - Technical Analysis chart on Daily Price and Volume
    Fair Isaac - Technical Analysis chart on Daily Price and Volume

    • The stock is on a strong upward trajectory, consistently reaching new highs and lows.
    • As it climbs, the stock price has formed a series of bullish patterns one after another.
    • First, an Inverted Head & Shoulders pattern emerged, leading to a significant price increase following the breakout.
    • Next, a bullish Pole & Flag pattern appeared, indicating the continuation of the upward trend, but after the breakout, the price entered a consolidation phase.
    • During this period, a Head & Shoulders pattern developed, reflecting some bearish sentiment.
    • However, the price didn’t correct significantly and began to rise again, ultimately formed another bullish Pole & Flag pattern.
    • The stock is repeating this pattern, and with a new breakout supported by strong volume, it seems ready for further upward movement.
  • Fair Isaac (NYSE: FICO) - RSI Indicator

    Fair Isaac stock analysis based on RSI indicator
    Fair Isaac - RSI indicator

    • Current RSI of this stock is 65.14, which indicates the strength of buyers.

  • Fair Isaac (NYSE: FICO) - ADX & DI Indicator

    Fair Isaac stock analysis based on ADX & DI indicator
    Fair Isaac - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Fair Isaac (NYSE: FICO) - ADX & DI Indicator

    Fair Isaac stock analysis based on EMA Crossover
    Fair Isaac - EMA Crossover

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Conclusion - Fair Isaac (NYSE: FICO) Stock Price Forecast

    Based on our Trading Advice US Stock Market NYSE & NASDAQ, Fair Isaac stock price target will be USD 1740 - USD 1760 in the next 12-14 trading sessions.

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    Target hit. Trade closed.

    7 Aug 2024
    13 Aug 2024
    13 Aug 2024
    5 days
    Loss per
    100,000 SAR
    Stop-loss
    1560
    Buy Advice
    7 Aug 2024
    1620 – 1650
    Target 1
    13 Aug 2024
    1740
    Target 2
    13 Aug 2024
    1760
    Profit per
    100,000 SAR
    5 days
    6,088
    1560
    1620 – 1650
    1740
    1760
    6,088
    7 Aug 2024
    13 Aug 2024
    13 Aug 2024
    5 days
    Loss per
    100,000 SAR
    Stop-loss
    1560
    Buy Advice
    7 Aug 2024
    1620 – 1650
    Target 1
    13 Aug 2024
    1740
    Target 2
    13 Aug 2024
    1760
    Profit per
    100,000 SAR
    5 days
    6,088
    1560
    1620 – 1650
    1740
    1760
    6,088
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Fair Isaac
  • 1620 – 1650
  • 1740 – 1760
  • Below 1560
  • 6% – 7%
  • 12 - 14 Days
  • Buy Fair Isaac
  • Buy
    Range
    1620 – 1650
  • Target 1740 – 1760
  • Stoploss Below 1560
  • Upside
    Potential
    6% – 7%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Fair Isaac
  • 1620 – 1650
  • 1740 – 1760
  • Below 1560
  • 6% – 7%
  • 12 - 14 Days
  • Buy
    Fair Isaac
  • Buy
    Range
    1620 – 1650
  • Target
    1740 – 1760
  • Stoploss
    Below 1560
  • Upside
    Potential
    6% – 7%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Fair Isaac (NYSE: FICO) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • FICO
  • Fair Isaac
  • Business Services
  • 1677.01
  • 811.99
  • NYSE code FICO
  • Stock Name Fair Isaac
  • Sector Business Services
  • 52 Weeks High 1677.01
  • 52 Weeks Low 811.99
  • Company profile

    Fair Isaac Corporation is a global provider of analytic, software, and digital decisioning technologies and services. The company operates in two segments: Software and Software. The Software segment offers pre-configured solutions for various business processes, such as account origination, customer management, fraud detection, and marketing. The Scores segment provides business-to-business scoring solutions for consumers, including predictive credit and other scores. The company also offers subscription offerings on myFICO.com. The company markets its products and services through direct sales, indirect channels, and online. Founded in 1956, Fair Isaac Corporation is headquartered in Bozeman, Montana. The company was formerly known as Fair Isaac & Company, Inc. and changed its name to Fair Isaac Corporation in 1992.

  • Fair Isaac (NYSE: FICO) vs NYSE - Relative Strength Comparison

    The image highlights Fair Isaac's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    FICO —   NYSE —

  • Fair Isaac (NYSE: FICO) - Technical Analysis (Daily)

    Fair Isaac - Technical Analysis chart on Daily Price and Volume
    Fair Isaac - Technical Analysis chart on Daily Price and Volume

    • The stock is on a strong upward trajectory, consistently reaching new highs and lows.
    • As it climbs, the stock price has formed a series of bullish patterns one after another.
    • First, an Inverted Head & Shoulders pattern emerged, leading to a significant price increase following the breakout.
    • Next, a bullish Pole & Flag pattern appeared, indicating the continuation of the upward trend, but after the breakout, the price entered a consolidation phase.
    • During this period, a Head & Shoulders pattern developed, reflecting some bearish sentiment.
    • However, the price didn’t correct significantly and began to rise again, ultimately formed another bullish Pole & Flag pattern.
    • The stock is repeating this pattern, and with a new breakout supported by strong volume, it seems ready for further upward movement.
  • Fair Isaac (NYSE: FICO) - RSI Indicator

    Fair Isaac stock analysis based on RSI indicator
    Fair Isaac - RSI indicator

    • Current RSI of this stock is 65.14, which indicates the strength of buyers.

  • Fair Isaac (NYSE: FICO) - ADX & DI Indicator

    Fair Isaac stock analysis based on ADX & DI indicator
    Fair Isaac - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Fair Isaac (NYSE: FICO) - ADX & DI Indicator

    Fair Isaac stock analysis based on EMA Crossover
    Fair Isaac - EMA Crossover

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Conclusion - Fair Isaac (NYSE: FICO) Stock Price Forecast

    Based on our Trading Advice US Stock Market NYSE & NASDAQ, Fair Isaac stock price target will be USD 1740 - USD 1760 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website