Aalberts N.V. Stock Forecast
Green day on Monday for Aalberts N.V.
(Updated on Jun 17, 2024)
The Aalberts N.V. stock price gained 0.679% on the last trading day (Monday, 17th Jun 2024), rising from 41.24€ to 41.52€. During the last trading day the stock fluctuated 1.45% from a day low at 41.40€ to a day high of 42.00€. The price has been going up and down for this period, and there has been a -5.21% loss for the last 2 weeks. Volume fell on the last day by -36 thousand shares and in total, 138 thousand shares were bought and sold for approximately 5.74€ million. 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 of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 41.22€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.16% during the next 3 months and, with a 90% probability hold a price between 40.33€ and 46.82€ at the end of this 3-month period.
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AALB.AS Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.679%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Aalberts N.V. 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 42.32€ and 45.12€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Aalberts N.V. stock
Aalberts N.V. finds support from accumulated volume at 41.24€ 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 0.600€ between high and low, or 1.45%. For the last week, the stock has had daily average volatility of 2.23%.
Aalberts N.V. is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AALB.AS) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Aalberts N.V. to open at 41.64€, and during the day (based on 14 day Average True Range), to move between 40.66€ and 42.38€, which gives a possible trading interval of +/-0.86€ (+/-2.07%) up or down from last closing price. If Aalberts N.V. takes out the full calculated possible swing range there will be an estimated 4.13% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 41.24€ (0.67%) than the resistance at 43.20€ (4.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aalberts N.V. stock A Buy?
Aalberts N.V. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.009 Sell Candidate Unchanged
Predicted Opening Price for Aalberts N.V. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| 41.64€ ( 0.289%) | 41.52€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AALB.AS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 42.24 | 1.73% |
| R2 | 42.01 | 1.18% |
| R1 | 41.87 | 0.84% |
| Price | 41.52 | |
| S1 | 41.41 | -0.263% |
| S2 | 41.27 | -0.604% |
| S3 | 41.04 | -1.16% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 45.22 | 8.91% |
| R2 | 43.62 | 5.06% |
| R1 | 43.20 | 4.05% |
| Price | 41.52 | |
| S1 | 41.24 | -0.674% |
| S2 | 0 | - |
| S3 | 0 | - |
AALB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 27, 2024 | May 27, 2024 | Jun 20, 2024 | 1.13€ | 2.72% |
| 2 | May 29, 2023 | May 29, 2023 | May 29, 2023 | 1.11€ | 2.75% |
| 3 | May 23, 2022 | May 23, 2022 | May 23, 2022 | 0.640€ | 1.46% |
| 4 | May 31, 2021 | May 31, 2021 | May 31, 2021 | 0.600€ | 1.30% |
| 5 | May 15, 2020 | Jun 29, 2020 | Jul 17, 2020 | 0.80€ | 2.74% |
FAQ
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