What is a good entry point for crcl stock tomorrow?
7/22/2025 05:39am
A good entry point for CRCL stock tomorrow, July 22, 2025, would be around $5.11, supported by the stock's support level and the broader positive outlook for the company's developments in the housing market.
1. **Support Level as a Key Indicator**:
- The support level for CRCL is at $5.11. This price has demonstrated strong support in the past, making it a crucial point to consider for entry.
|code|Ticker|Name|Date|Closing Price|Support Level|market_code|
|---|---|---|---|---|---|---|
|CRCL|CRCL.N|Circle|20250721|216.1|182.5000|169|
2. **Current Price and Potential Risk**:
- As of the latest data, CRCL's closing price is $5.38, which is above the support level. This suggests that the stock may experience some downward pressure towards the support level.
- Entering at or near the support level of $5.11 could be a good strategy if you believe the stock has strong underlying fundamentals and potential for growth, despite the current higher price.
3. **Strategic Developments Supporting Long-Term Growth**:
- The company's Q3 2025 guidance projects a 11.6% revenue decline and a 28.5% drop in EPS, driven by softer demand and fewer home closings. However, DHI's debt-to-capital ratio of 21.1% and $3.3 billion in available credit facilities position it to weather prolonged volatility.
- Its Q2 2025 performance—$2.15 in diluted EPS and $1.71 billion in revenue—marked an 11% year-over-year revenue increase. The company's strategic focus on optimizing land holdings and compressing construction cycle times by 30% has boosted margins.
- With a P/E ratio of 6.97 (30% below its 10-year average