Amadeus FiRe AG Stock Forecast

Evaluation of Amadeus FiRe AG stock downgraded after the last trading session.
(Updated on May 24, 2024)

AAD.F Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 17, 2024, and so far it has risen 2.40%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Amadeus FiRe AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 115.04€. On a fall, the stock will find some support from the short-term average at 109.91€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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".

Support, Risk & Stop-loss for Amadeus FiRe AG stock

Amadeus FiRe AG finds support from accumulated volume at 109.80€ 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 2.00€ between high and low, or 1.82%. For the last week the stock has had daily average volatility of 1.39%

Our recommended stop-loss: 104.76€ (-5.62%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (AAD.F) For The Upcoming Trading Day Of Monday 27th

For the upcoming trading day on Monday, 27th we expect Amadeus FiRe AG to open at 111.00€, and during the day (based on 14 day Average True Range), to move between 108.90€ and 113.10€, which gives a possible trading interval of +/-2.10€ (+/-1.89%) up or down from last closing price. If Amadeus FiRe AG takes out the full calculated possible swing range there will be an estimated 3.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 109.80€ (1.08%) than the resistance at 113.20€ (1.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Amadeus FiRe AG stock A Buy?

Amadeus FiRe AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.764 Hold/Accumulate Downgraded

Predicted Opening Price for Amadeus FiRe AG of Monday, May 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.