Centro de Imagem Diagnósticos S.A. Stock Forecast
Centro de Imagem Diagnósticos S.A. stock upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Jun 25, 2024)
The Centro de Imagem Diagnósticos S.A. stock price fell by -0.396% on the last day (Tuesday, 25th Jun 2024) from R$10.10 to R$10.06. During the last trading day the stock fluctuated 1.71% from a day low at R$9.93 to a day high of R$10.10. The price has fallen in 7 of the last 10 days and is down by -1.28% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -26 thousand shares and in total, 4 thousand shares were bought and sold for approximately R$35.21 thousand.
The stock lies in the middle of a wide and weak 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 7.02% during the next 3 months and, with a 90% probability hold a price between R$10.32 and R$12.35 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AALR3.SA Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 03, 2024, and so far it has risen 6.46%. 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 Centro de Imagem Diagnósticos S.A. 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 R$10.24. On a fall, the stock will find some support from the short-term average at R$10.04. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Centro de Imagem Diagnósticos S.A. stock
On the downside, the stock finds support just below today's level from accumulated volume at R$9.51 and R$8.91. 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, Centro de Imagem Diagnósticos S.A. finds support just below today's level at R$9.51. If this is broken, then the next support from accumulated volume will be at R$8.91 and R$8.77.
In general the stock tends to have controlled movements and therefore the general risk is considered 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 R$0.170 between high and low, or 1.71%. For the last week the stock has had daily average volatility of 2.59%.
Our recommended stop-loss: R$9.57 (-4.86%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (AALR3.SA) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Centro de Imagem Diagnósticos S.A. to open at R$10.03, and during the day (based on 14 day Average True Range), to move between R$9.66 and R$10.46, which gives a possible trading interval of +/-R$0.396 (+/-3.93%) up or down from last closing price. If Centro de Imagem Diagnósticos S.A. takes out the full calculated possible swing range there will be an estimated 7.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at R$10.28 (2.19%) than the support at R$9.51 (5.47%), 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 Centro de Imagem Diagnósticos S.A. stock A Buy?
Centro de Imagem Diagnósticos S.A. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.922 Hold/Accumulate Upgraded
Predicted Opening Price for Centro de Imagem Diagnósticos S.A. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| R$10.03 ( 0.298%) | R$10.06 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AALR3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.20 | 1.39% |
| R2 | 10.14 | 0.746% |
| R1 | 10.09 | 0.347% |
| Price | 10.06 | |
| S1 | 9.97 | -0.94% |
| S2 | 9.92 | -1.34% |
| S3 | 9.86 | -1.99% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.70 | 6.36% |
| R2 | 10.31 | 2.49% |
| R1 | 10.28 | 2.19% |
| Price | 10.06 | |
| S1 | 9.51 | -5.47% |
| S2 | 8.91 | -11.43% |
| S3 | 8.77 | -12.82% |
AALR3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 28, 2020 | Apr 28, 2020 | Apr 28, 2020 | R$0.0873 | 0.85% |
| 2 | Apr 26, 2019 | Apr 26, 2019 | Apr 26, 2019 | R$0.0278 | 0.183% |
FAQ
Click here for our free guide on how to buy Centro de Imagem Diagnósticos S.A. Stock.
