Ab Science S.a. Stock Forecast
Ab Science S.a. stock price up 0.517% on Tuesday
(Updated on Jun 25, 2024)
The Ab Science S.a. stock price gained 0.517% on the last trading day (Tuesday, 25th Jun 2024), rising from £1.16 to £1.17. During the last trading day the stock fluctuated 3.74% from a day low at £1.12 to a day high of £1.17. The price has been going up and down for this period, and there has been a -2.18% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 13 thousand shares were bought and sold for approximately £14.89 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -43.78% during the next 3 months and, with a 90% probability hold a price between £0.507 and £0.94 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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0Q77.L Signals & Forecast
There are mixed signals in the stock today. The Ab Science S.a. 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 £1.17 and £1.67. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 12.12%. 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). Ab Science S.a. 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 Ab Science S.a. stock
Ab Science S.a. finds support from accumulated volume at £1.16 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved £0.0420 between high and low, or 3.74%. For the last week, the stock has had daily average volatility of 3.85%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (0Q77.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ab Science S.a. to open at £1.15, and during the day (based on 14 day Average True Range), to move between £1.08 and £1.25, which gives a possible trading interval of +/-£0.0887 (+/-7.60%) up or down from last closing price. If Ab Science S.a. takes out the full calculated possible swing range there will be an estimated 15.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £1.16 (0.51%) than the resistance at £1.18 (1.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ab Science S.a. stock A Buy?
Ab Science S.a. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.911 Sell Candidate Unchanged
Predicted Opening Price for Ab Science S.a. of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
£1.15 ( 1.20%) | £1.17 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0Q77.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1.19 | 2.40% |
R2 | 1.18 | 1.03% |
R1 | 1.17 | 0.175% |
Price | 1.17 | |
S1 | 1.14 | -2.58% |
S2 | 1.13 | -3.43% |
S3 | 1.11 | -4.80% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1.25 | 7.20% |
R2 | 1.20 | 2.92% |
R1 | 1.18 | 1.54% |
Price | 1.17 | |
S1 | 1.16 | -0.515% |
S2 | 1.11 | -4.46% |
S3 | 1.04 | -10.81% |
0Q77 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 15, 2022 | Mar 15, 2022 | Mar 15, 2022 | £0.285 | 3.20% |
FAQ
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