Vetoquinol Sa Stock Forecast
Vetoquinol Sa stock upgraded from Sell Candidate to Hold/Accumulate after Monday trading session.
(Updated on Jun 17, 2024)
The Vetoquinol Sa stock price gained 1.25% on the last trading day (Monday, 17th Jun 2024), rising from 96.20€ to 97.40€. During the last trading day the stock fluctuated 2.19% from a day low at 96.00€ to a day high of 98.10€. The price has fallen in 4 of the last 10 days and is down by -7.24% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 95 more shares were traded than the day before. In total, 164 shares were bought and sold for approximately 15.97€ thousand.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 96.29€ 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 4.40% during the next 3 months and, with a 90% probability hold a price between 100.53€ and 110.54€ at the end of this 3-month period.
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0O1O.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 1.25%. Further rise is indicated until a new top pivot has been found. Vetoquinol Sa 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vetoquinol Sa stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 100.71€ and 99.82€. 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).
Support, Risk & Stop-loss for Vetoquinol Sa stock
Vetoquinol Sa finds support from accumulated volume at 97.30€ 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 2.10€ (2.19%) between high and low. For the last week, the stock has had daily average volatility of 1.67%.
Our recommended stop-loss: 91.47€ (-6.09%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (0O1O.L) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Vetoquinol Sa to open at 97.17€, and during the day (based on 14 day Average True Range), to move between 95.66€ and 99.14€, which gives a possible trading interval of +/-1.74€ (+/-1.78%) up or down from last closing price. If Vetoquinol Sa takes out the full calculated possible swing range there will be an estimated 3.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 97.30€ (0.10%) than the resistance at 97.59€ (0.20%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vetoquinol Sa stock A Buy?
Vetoquinol Sa holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.339 Hold/Accumulate Upgraded
Predicted Opening Price for Vetoquinol Sa of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| 97.17€ ( 0.240%) | 97.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0O1O.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 99.27 | 1.92% |
| R2 | 98.46 | 1.09% |
| R1 | 97.97 | 0.584% |
| Price | 97.40 | |
| S1 | 96.36 | -1.06% |
| S2 | 95.87 | -1.57% |
| S3 | 95.07 | -2.40% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 105.00 | 7.80% |
| R2 | 98.50 | 1.13% |
| R1 | 97.59 | 0.195% |
| Price | 97.40 | |
| S1 | 97.30 | -0.103% |
| S2 | 96.70 | -0.719% |
| S3 | 95.30 | -2.16% |
0O1O Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 04, 2024 | Jun 04, 2024 | Jun 06, 2024 | 0.85€ | 0.82% |
| 2 | Jun 02, 2023 | Jun 02, 2023 | Jun 02, 2023 | 0.80€ | 0.90% |
| 3 | Jun 02, 2017 | Jun 02, 2017 | Jun 02, 2017 | 0.430€ | 0.86% |
| 4 | Jun 02, 2016 | Jun 02, 2016 | Jun 02, 2016 | 0.410€ | 1.02% |
| 5 | Jun 02, 2015 | Jun 02, 2015 | Jun 02, 2015 | 0.390€ | 1.12% |
FAQ
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