Vaisala Oyj Stock Forecast
Vaisala Oyj stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Jun 27, 2024)
No changes to the price of Vaisala Oyj stock on the last trading day (Thursday, 27th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at £41.35 to a day high of £41.35. The price has risen in 5 of the last 10 days and is up by 3.12% over the past 2 weeks.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 15.02% during the next 3 months and, with a 90% probability hold a price between £41.58 and £49.94 at the end of this 3-month period.
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0GEG.L Signals & Forecast
The Vaisala Oyj 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 £40.91 and £38.12. A breakdown below any of these levels will issue sell signals. 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 Monday, June 24, 2024, and so far it has fallen -0.121%. 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). 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 Vaisala Oyj stock
On the downside, the stock finds support just below today's level from accumulated volume at £38.30 and £36.43. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Vaisala Oyj finds support just below today's level at £38.30. If this is broken, then the next support from accumulated volume will be at £36.43 and £34.65.
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 0%
Our recommended stop-loss: £39.84 (-3.66%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (0GEG.L) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Vaisala Oyj to open at £41.35, and during the day (based on 14 day Average True Range), to move between £40.82 and £41.88, which gives a possible trading interval of +/-£0.530 (+/-1.28%) up or down from last closing price. If Vaisala Oyj takes out the full calculated possible swing range there will be an estimated 2.56% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £41.40 (0.12%) than the support at £38.30 (7.38%), 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 Vaisala Oyj stock A Buy?
Vaisala Oyj 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Vaisala Oyj of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
£41.35 ( 0%) | £41.35 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0GEG.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 41.35 | - |
R2 | 41.35 | - |
R1 | 41.35 | - |
Price | 41.35 | |
S1 | 41.35 | - |
S2 | 41.35 | - |
S3 | 41.35 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 41.40 | 0.121% |
Price | 41.35 | |
S1 | 38.30 | -7.38% |
S2 | 36.43 | -11.90% |
S3 | 34.65 | -16.20% |
0GEG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 27, 2024 | Mar 27, 2024 | Apr 12, 2024 | £0.750 | 2.16% |
2 | Mar 29, 2023 | Mar 29, 2023 | Apr 12, 2023 | £0.720 | 1.81% |
3 | Feb 08, 2017 | Mar 29, 2017 | Apr 06, 2017 | £0.500 | 2.83% |
4 | Feb 10, 2016 | Apr 06, 2016 | Apr 14, 2016 | £0.95 | 8.12% |
5 | Feb 12, 2015 | Apr 01, 2015 | Apr 14, 2015 | £0.90 | 7.72% |
FAQ
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