A.S. Création Tapeten AG Stock Forecast
Green day on Friday for A.S. Création Tapeten AG stock after gaining 0.97%
(Updated on May 17, 2024)
The A.S. Création Tapeten AG stock price gained 0.97% on the last trading day (Friday, 17th May 2024), rising from 10.30€ to 10.40€. During the last trading day the stock fluctuated 0% from a day low at 10.40€ to a day high of 10.40€. The price has been going up and down for this period, and there has been a -1.89% loss for the last 2 weeks.
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 11.05% during the next 3 months and, with a 90% probability hold a price between 11.21€ and 12.84€ at the end of this 3-month period.
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ACWN.DE Signals & Forecast
There are few to no technical positive signals at the moment. The A.S. Création Tapeten 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 10.46€ and 10.51€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 26, 2024, and so far it has fallen -7.96%. 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 A.S. Création Tapeten AG stock
A.S. Création Tapeten AG finds support from accumulated volume at 9.90€ 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, 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 0.773%.
A.S. Création Tapeten AG is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ACWN.DE) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect A.S. Création Tapeten AG to open at 10.40€, and during the day (based on 14 day Average True Range), to move between 10.24€ and 10.56€, which gives a possible trading interval of +/-0.156€ (+/-1.50%) up or down from last closing price. If A.S. Création Tapeten AG takes out the full calculated possible swing range there will be an estimated 3.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 10.50€ (0.96%) than the support at 9.90€ (4.81%), 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 A.S. Création Tapeten AG stock A Buy?
The A.S. Création Tapeten AG stock holds several negative signals and despite the positive trend, we believe A.S. Création Tapeten AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.729 Sell Candidate Unchanged
Predicted Opening Price for A.S. Création Tapeten AG of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 10.40€ ( 0%) | 10.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACWN.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.40 | . | |
| R2 | 10.40 | . | ||
| R1 | 10.40 | . | ||
| Current price: | 10.40 | |||
| Support | S1 | 10.40 | . | |
| S2 | 10.40 | . | ||
| S3 | 10.40 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.90 | 4.81 % | |
| R2 | 10.80 | 3.85 % | ||
| R1 | 10.50 | 0.96 % | ||
| Current price | 10.40 | |||
| Support | S1 | 9.90 | -4.81% | |
| S2 | 9.85 | -5.29% | ||
| S3 | 9.70 | -6.73% |
ACWN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 18, 2022 | May 18, 2022 | May 18, 2022 | 0.90€ | 5.72% |
| 2 | May 07, 2021 | May 07, 2021 | May 07, 2021 | 0.90€ | 3.22% |
| 3 | Mar 19, 2020 | May 15, 2020 | May 19, 2020 | 0.90€ | 6.54% |
| 4 | Mar 08, 2017 | May 05, 2017 | May 09, 2017 | 1.25€ | 4.00% |
| 5 | Mar 01, 2016 | Apr 29, 2016 | Apr 29, 2016 | 0.600€ | 1.89% |
FAQ
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