AS Creation Tapeten AG Stock Forecast
Red day on Friday for AS Creation Tapeten AG stock after losing 1.55%
(Updated on Jun 28, 2024)
The AS Creation Tapeten AG stock price fell by -1.55% on the last day (Friday, 28th Jun 2024) from 9.65€ to 9.50€. During the last trading day the stock fluctuated 0% from a day low at 9.50€ to a day high of 9.50€. The price has fallen in 6 of the last 10 days but is still up by 0.53% over the past 2 weeks.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.51% during the next 3 months and, with a 90% probability hold a price between 8.21€ and 9.32€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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ACWN.F Signals & Forecast
There are mixed signals in the stock today. The AS Creation 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 9.66€ and 9.83€. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 1.06%. 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).
Support, Risk & Stop-loss for AS Creation Tapeten AG stock
AS Creation Tapeten AG finds support from accumulated volume at 9.45€ 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 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.316%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ACWN.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect AS Creation Tapeten AG to open at 9.50€, and during the day (based on 14 day Average True Range), to move between 9.37€ and 9.63€, which gives a possible trading interval of +/-0.133€ (+/-1.39%) up or down from last closing price. If AS Creation Tapeten AG takes out the full calculated possible swing range there will be an estimated 2.79% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 9.45€ (0.53%) than the resistance at 9.85€ (3.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is AS Creation Tapeten AG stock A Buy?
AS Creation Tapeten AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.070 Sell Candidate Unchanged
Predicted Opening Price for AS Creation Tapeten AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 9.50€ ( 0%) | 9.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACWN.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.50 | - |
| R2 | 9.50 | - |
| R1 | 9.50 | - |
| Price | 9.50 | |
| S1 | 9.50 | - |
| S2 | 9.50 | - |
| S3 | 9.50 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.50 | 10.53% |
| R2 | 10.30 | 8.42% |
| R1 | 9.85 | 3.68% |
| Price | 9.50 | |
| S1 | 9.45 | -0.526% |
| S2 | 9.40 | -1.05% |
| S3 | 0 | - |
ACWN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 18, 2022 | May 18, 2022 | May 18, 2022 | 0.90€ | 0% |
| 2 | May 07, 2021 | May 07, 2021 | May 07, 2021 | 0.90€ | 0% |
| 3 | Mar 19, 2020 | May 15, 2020 | May 19, 2020 | 0.90€ | 0% |
| 4 | Mar 08, 2017 | May 05, 2017 | May 09, 2017 | 1.25€ | 0% |
| 5 | Mar 01, 2016 | Apr 29, 2016 | Apr 29, 2016 | 0.600€ | 0% |
FAQ
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