Lotus Bakeries Nv Stock Forecast
Lotus Bakeries Nv stock price ended at 9,970.00€ on Wednesday, after losing 0%.
(Updated on Jun 19, 2024)
No changes to the price of Lotus Bakeries Nv stock on the last trading day (Wednesday, 19th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at 9,970.00€ to a day high of 9,970.00€. The price has fallen in 5 of the last 10 days but is still up by 0.3% over the past 2 weeks.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 9,863.14€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.60% during the next 3 months and, with a 90% probability hold a price between 11,500.42€ and 12,174.33€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
0F4O.L Signals & Forecast
The Lotus Bakeries Nv 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 9,961.59€ and 9,810.64€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, June 13, 2024, and so far it has fallen -1.09%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Lotus Bakeries Nv stock
Lotus Bakeries Nv finds support from accumulated volume at 9,770.00€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 1.46%
Our recommended stop-loss: 9,561.77€ (-4.09%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (0F4O.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Lotus Bakeries Nv to open at 9,970.00€, and during the day (based on 14 day Average True Range), to move between 9,803.88€ and 10,136.12€, which gives a possible trading interval of +/-166.12€ (+/-1.67%) up or down from last closing price. If Lotus Bakeries Nv takes out the full calculated possible swing range there will be an estimated 3.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 9,990.00€ (0.20%) than the support at 9,770.00€ (2.01%), 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 Lotus Bakeries Nv 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 Lotus Bakeries Nv stock to perform well in the short-term.
Current score: 2.785 Buy Candidate Unchanged
Predicted Opening Price for Lotus Bakeries Nv of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| 9,970.00€ ( 0%) | 9,970.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0F4O.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9,970.00 | - |
| R2 | 9,970.00 | - |
| R1 | 9,970.00 | - |
| Price | 9,970.00 | |
| S1 | 9,970.00 | - |
| S2 | 9,970.00 | - |
| S3 | 9,970.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10,060.00 | 0.90% |
| R2 | 10,040.00 | 0.702% |
| R1 | 9,990.00 | 0.201% |
| Price | 9,970.00 | |
| S1 | 9,770.00 | -2.01% |
| S2 | 9,580.00 | -3.91% |
| S3 | 8,985.17 | -9.88% |
0F4O Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 17, 2024 | May 17, 2024 | May 21, 2024 | 40.60€ | 0.408% |
| 2 | May 16, 2024 | May 16, 2024 | May 21, 2024 | 40.60€ | 0.408% |
| 3 | May 16, 2023 | May 16, 2023 | May 16, 2023 | 31.50€ | 0.522% |
| 4 | May 18, 2017 | May 18, 2017 | May 18, 2017 | 11.34€ | 0.492% |
| 5 | May 19, 2016 | May 19, 2016 | May 19, 2016 | 10.37€ | 0.596% |
FAQ
Click here for our free guide on how to buy Lotus Bakeries Nv Stock.
