Flughafen Wien Aktiengesellschaft Stock Forecast
Flughafen Wien Aktiengesellschaft stock downgraded from Hold/Accumulate to Sell Candidate after Wednesday trading session.
(Updated on Jun 26, 2024)
No changes to the price of Flughafen Wien Aktiengesellschaft stock on the last trading day (Wednesday, 26th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at 49.90€ to a day high of 49.90€. The price has fallen in 4 of the last 10 days but is still up by 1.63% over the past 2 weeks.
The stock lies the upper part of a narrow and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 50.13€ will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.64% during the next 3 months and, with a 90% probability hold a price between 46.98€ and 48.81€ 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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0RHU.L Signals & Forecast
The Flughafen Wien Aktiengesellschaft 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 49.39€ and 49.61€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 -0.598%. Further fall is indicated until a new bottom pivot has been found. 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 Flughafen Wien Aktiengesellschaft stock
Flughafen Wien Aktiengesellschaft finds support from accumulated volume at 49.10€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.124%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (0RHU.L) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Flughafen Wien Aktiengesellschaft to open at 49.90€, and during the day (based on 14 day Average True Range), to move between 49.56€ and 50.24€, which gives a possible trading interval of +/-0.336€ (+/-0.67%) up or down from last closing price. If Flughafen Wien Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 1.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 49.95€ (0.10%) than the support at 49.10€ (1.60%), 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 Flughafen Wien Aktiengesellschaft stock A Buy?
Flughafen Wien Aktiengesellschaft 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.428 Sell Candidate Downgraded
Predicted Opening Price for Flughafen Wien Aktiengesellschaft of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| 49.90€ ( 0%) | 49.90€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0RHU.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 49.90 | - |
| R2 | 49.90 | - |
| R1 | 49.90 | - |
| Price | 49.90 | |
| S1 | 49.90 | - |
| S2 | 49.90 | - |
| S3 | 49.90 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 50.19 | 0.581% |
| R2 | 50.09 | 0.381% |
| R1 | 49.95 | 0.100% |
| Price | 49.90 | |
| S1 | 49.10 | -1.60% |
| S2 | 49.00 | -1.80% |
| S3 | 48.60 | -2.61% |
0RHU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 10, 2024 | Jun 10, 2024 | Jun 13, 2024 | 1.32€ | 2.69% |
| 2 | Jun 12, 2023 | Jun 12, 2023 | Jun 12, 2023 | 0.770€ | 1.72% |
| 3 | Jun 02, 2017 | Jun 02, 2017 | Jun 02, 2017 | 0.625€ | 1.84% |
| 4 | Jun 02, 2016 | Jun 02, 2016 | Jun 02, 2016 | 2.00€ | 8.04% |
| 5 | May 11, 2015 | May 11, 2015 | May 11, 2015 | 1.65€ | 8.22% |
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