FinLab AG Stock Forecast
Red day on Friday for FinLab AG stock after losing 1.87%
(Updated on May 24, 2024)
The FinLab AG stock price fell by -1.87% on the last day (Friday, 24th May 2024) from 10.70€ to 10.50€. During the last trading day the stock fluctuated 2.86% from a day low at 10.50€ to a day high of 10.80€. The price has been going up and down for this period, and there has been a 0.96% gain for the last 2 weeks. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 thousand shares were bought and sold for approximately 63.53€ thousand.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 18.31% during the next 3 months and, with a 90% probability hold a price between 11.18€ and 12.84€ at the end of this 3-month period.
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A7A.DE Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -2.78%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). FinLab AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The FinLab AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 10.49€ and 9.73€. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for FinLab AG stock
FinLab AG finds support from accumulated volume at 10.30€ 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 0.300€ between high and low, or 2.86%. For the last week, the stock has had daily average volatility of 3.08%.
Our recommended stop-loss: 10.13€ (-3.57%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (A7A.DE) For The Upcoming Trading Day Of Monday 27th
For the upcoming trading day on Monday, 27th we expect FinLab AG to open at 10.60€, and during the day (based on 14 day Average True Range), to move between 10.22€ and 10.78€, which gives a possible trading interval of +/-0.284€ (+/-2.70%) up or down from last closing price. If FinLab AG takes out the full calculated possible swing range there will be an estimated 5.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 10.60€ (0.95%) than the support at 10.30€ (1.90%), 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 FinLab AG stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for FinLab AG stock to perform well in the short-term.
Current score: 1.130 Buy Candidate Unchanged
Predicted Opening Price for FinLab AG of Monday, May 27, 2024
| Fair opening price May 27, 2024 | Current price |
|---|---|
| 10.60€ ( 0.95%) | 10.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for A7A.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.90 | 3.81 % | |
| R2 | 10.79 | 2.72 % | ||
| R1 | 10.71 | 2.04 % | ||
| Current price: | 10.50 | |||
| Support | S1 | 10.49 | -0.139 % | |
| S2 | 10.41 | -0.81 % | ||
| S3 | 10.30 | -1.90 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.80 | 2.86 % | |
| R2 | 10.70 | 1.90 % | ||
| R1 | 10.60 | 0.95 % | ||
| Current price | 10.50 | |||
| Support | S1 | 10.30 | -1.90% | |
| S2 | 10.10 | -3.81% | ||
| S3 | 9.00 | -14.29% |
A7A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2008 | Aug 27, 2008 | Aug 27, 2008 | 0.500€ | 1.96% |
FAQ
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