Vgp Nv Stock Forecast
On Friday, Vgp Nv stock price gained an impressive 5.59%
(Updated on Jun 28, 2024)
The Vgp Nv stock price gained 5.59% on the last trading day (Friday, 28th Jun 2024), rising from 99.90€ to 105.48€. During the last trading day the stock fluctuated 2.72% from a day low at 103.00€ to a day high of 105.80€. The price has risen in 5 of the last 10 days and is up by 5.69% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 786 more shares were traded than the day before. In total, 786 shares were bought and sold for approximately 82.91€ thousand.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vgp Nv stock with a 90% probability to be traded between 101.55€ and 115.31€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
0HM0.L Signals & Forecast
The Vgp Nv stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 101.17€ and 104.98€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 5.69%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Vgp Nv has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Vgp Nv stock
Vgp Nv finds support from accumulated volume at 103.60€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 2.80€ (2.72%) between high and low. For the last week, the stock has had daily average volatility of 1.14%.
Our recommended stop-loss: 100.56€ (-4.66%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (0HM0.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Vgp Nv to open at 104.76€, and during the day (based on 14 day Average True Range), to move between 103.45€ and 107.51€, which gives a possible trading interval of +/-2.03€ (+/-1.93%) up or down from last closing price. If Vgp Nv takes out the full calculated possible swing range there will be an estimated 3.85% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 105.60€ (0.11%) than the support at 103.60€ (1.78%), 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 Vgp Nv stock A Buy?
Vgp Nv 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.
Current score: 0.000 Hold/Accumulate Unchanged
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 Vgp Nv of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 104.76€ ( 0.684%) | 105.48€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0HM0.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 107.56 | 1.97% |
| R2 | 106.49 | 0.96% |
| R1 | 105.83 | 0.330% |
| Price | 105.48 | |
| S1 | 103.69 | -1.70% |
| S2 | 103.03 | -2.32% |
| S3 | 101.96 | -3.34% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 109.80 | 4.09% |
| R2 | 108.87 | 3.21% |
| R1 | 105.60 | 0.112% |
| Price | 105.48 | |
| S1 | 103.60 | -1.78% |
| S2 | 99.80 | -5.39% |
| S3 | 99.68 | -5.50% |
0HM0 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 22, 2024 | May 22, 2024 | May 24, 2024 | 2.59€ | 2.45% |
| 2 | May 24, 2023 | May 24, 2023 | May 24, 2023 | 1.93€ | 2.09% |
| 3 | Mar 15, 2022 | Mar 15, 2022 | Mar 15, 2022 | 0.285€ | 0.137% |
| 4 | Feb 28, 2020 | May 26, 2020 | May 28, 2020 | 2.93€ | 2.63% |
| 5 | Mar 12, 2019 | May 20, 2019 | May 22, 2019 | 2.20€ | 3.14% |
FAQ
Click here for our free guide on how to buy Vgp Nv Stock.
