Strabag Se Stock Forecast
Strabag Se stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session.
(Updated on Jul 03, 2024)
The Strabag Se stock price gained 0.395% on the last trading day (Wednesday, 3rd Jul 2024), rising from 37.95€ to 38.10€. During the last trading day the stock fluctuated 1.59% from a day low at 37.80€ to a day high of 38.40€. The price has fallen in 7 of the last 10 days and is down by -5.81% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 10 thousand more shares were traded than the day before. In total, 10 thousand shares were bought and sold for approximately 382.26€ thousand.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 37.98€ 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 4.84% during the next 3 months and, with a 90% probability hold a price between 39.82€ and 45.49€ at the end of this 3-month period.
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0MKP.L Signals & Forecast
The Strabag Se stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 38.89€ and 40.89€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Tuesday, July 02, 2024, and so far it has risen 0.395%. Further rise is indicated until a new top pivot has been found. Strabag Se 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. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for Strabag Se stock
Strabag Se finds support from accumulated volume at 37.99€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.600€ between high and low, or 1.59%. For the last week, the stock has had daily average volatility of 1.56%.
Our recommended stop-loss: 35.65€ (-6.42%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (0MKP.L) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Strabag Se to open at 38.10€, and during the day (based on 14 day Average True Range), to move between 37.26€ and 38.94€, which gives a possible trading interval of +/-0.84€ (+/-2.22%) up or down from last closing price. If Strabag Se takes out the full calculated possible swing range there will be an estimated 4.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 37.99€ (0.29%) than the resistance at 38.50€ (1.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Strabag Se stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 2.042 Buy Candidate Upgraded
Predicted Opening Price for Strabag Se of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| 38.10€ ( 0.00000000%) | 38.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0MKP.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 38.70 | 1.57% |
| R2 | 38.47 | 0.97% |
| R1 | 38.33 | 0.602% |
| Price | 38.10 | |
| S1 | 37.87 | -0.602% |
| S2 | 37.73 | -0.97% |
| S3 | 37.50 | -1.57% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 41.50 | 8.92% |
| R2 | 40.45 | 6.17% |
| R1 | 38.50 | 1.05% |
| Price | 38.10 | |
| S1 | 37.99 | -0.289% |
| S2 | 37.95 | -0.394% |
| S3 | 37.85 | -0.656% |
0MKP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 19, 2024 | Jun 19, 2024 | Jun 25, 2024 | 9.05€ | 22.68% |
| 2 | Mar 22, 2024 | Mar 22, 2024 | Mar 26, 2024 | 9.05€ | 23.03% |
| 3 | Jun 21, 2023 | Jun 21, 2023 | Jun 21, 2023 | 2.00€ | 5.25% |
| 4 | Jul 01, 2022 | Jul 01, 2022 | Jul 01, 2022 | 2.00€ | 5.30% |
| 5 | Jun 30, 2017 | Jun 30, 2017 | Jun 30, 2017 | 0.95€ | 2.49% |
FAQ
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