FinLab AG Stock Forecast
FinLab AG stock price up 1.00% on Tuesday
(Updated on Jun 25, 2024)
The FinLab AG stock price gained 1.00% on the last trading day (Tuesday, 25th Jun 2024), rising from 10.00€ to 10.10€. During the last trading day the stock fluctuated 0% from a day low at 10.10€ to a day high of 10.10€. The price has fallen in 6 of the last 10 days and is down by -8.18% for this period. Volume fell on the last day by -4 thousand shares and in total, 477 shares were bought and sold for approximately 4.82€ thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 10.04€ 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 24.55% during the next 3 months and, with a 90% probability hold a price between 12.50€ and 14.63€ at the end of this 3-month period.
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A7A.DE Signals & Forecast
There are few to no technical positive signals at the moment. The FinLab AG 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 10.39€ and 10.55€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 07, 2024, and so far it has fallen -10.62%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for FinLab AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 9.00€ and 8.85€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, FinLab AG finds support just below today's level at 9.00€. If this is broken, then the next support from accumulated volume will be at 8.85€ and 8.65€.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. 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 2.74%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (A7A.DE) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect FinLab AG to open at 10.10€, and during the day (based on 14 day Average True Range), to move between 9.80€ and 10.40€, which gives a possible trading interval of +/-0.296€ (+/-2.93%) up or down from last closing price. If FinLab AG takes out the full calculated possible swing range there will be an estimated 5.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 10.20€ (0.99%) than the support at 9.00€ (10.89%), 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?
The FinLab AG stock holds several negative signals and despite the positive trend, we believe FinLab AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.084 Sell Candidate Unchanged
Predicted Opening Price for FinLab AG of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 10.10€ ( 0%) | 10.10€ |
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 | |
|---|---|---|
| R3 | 10.10 | - |
| R2 | 10.10 | - |
| R1 | 10.10 | - |
| Price | 10.10 | |
| S1 | 10.10 | - |
| S2 | 10.10 | - |
| S3 | 10.10 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.50 | 3.96% |
| R2 | 10.30 | 1.98% |
| R1 | 10.20 | 0.99% |
| Price | 10.10 | |
| S1 | 9.00 | -10.89% |
| S2 | 8.85 | -12.38% |
| S3 | 8.65 | -14.36% |
A7A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2008 | Aug 27, 2008 | Aug 27, 2008 | 0.500€ | 2.00% |
FAQ
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