Koninklijke Ahold Delhaize N.V. Stock Forecast
Stronger technical forecast for Koninklijke Ahold Delhaize N.V. stock price after Tuesday trading.
(Updated on Jun 25, 2024)
The Koninklijke Ahold Delhaize N.V. stock price fell by -0.320% on the last day (Tuesday, 25th Jun 2024) from 28.15€ to 28.06€. During the last trading day the stock fluctuated 0.93% from a day low at 28.00€ to a day high of 28.26€. The price has fallen in 6 of the last 10 days and is down by -0.53% 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 -185 thousand shares and in total, 1 million shares were bought and sold for approximately 39.39€ million.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 28.06€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 4.17% during the next 3 months and, with a 90% probability hold a price between 29.23€ and 31.74€ at the end of this 3-month period.
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AD.AS Signals & Forecast
There are mixed signals in the stock today. The Koninklijke Ahold Delhaize 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 28.16€ and 28.72€. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has risen 0.646%. 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 Koninklijke Ahold Delhaize N.V. stock
Koninklijke Ahold Delhaize N.V. finds support from accumulated volume at 27.88€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.260€ between high and low, or 0.93%. For the last week the stock has had daily average volatility of 0.98%.
Our recommended stop-loss: 26.32€ (-6.20%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)
Trading Expectations (AD.AS) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Koninklijke Ahold Delhaize N.V. to open at 28.11€, and during the day (based on 14 day Average True Range), to move between 27.72€ and 28.40€, which gives a possible trading interval of +/-0.340€ (+/-1.21%) up or down from last closing price. If Koninklijke Ahold Delhaize N.V. takes out the full calculated possible swing range there will be an estimated 2.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 28.08€ (0.07%) than the support at 27.88€ (0.64%), 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 Koninklijke Ahold Delhaize N.V. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Koninklijke Ahold Delhaize N.V. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.161 Buy Candidate Upgraded
Predicted Opening Price for Koninklijke Ahold Delhaize N.V. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 28.11€ ( 0.166%) | 28.06€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AD.AS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 28.37 | 1.09% |
| R2 | 28.27 | 0.739% |
| R1 | 28.21 | 0.520% |
| Price | 28.06 | |
| S1 | 28.01 | -0.188% |
| S2 | 27.95 | -0.406% |
| S3 | 27.85 | -0.760% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 28.54 | 1.71% |
| R2 | 28.21 | 0.535% |
| R1 | 28.08 | 0.0713% |
| Price | 28.06 | |
| S1 | 27.88 | -0.641% |
| S2 | 27.27 | -2.82% |
| S3 | 26.63 | -5.10% |
AD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 12, 2024 | Apr 12, 2024 | Apr 25, 2024 | 0.610€ | 2.19% |
| 2 | Aug 11, 2023 | Aug 11, 2023 | Aug 11, 2023 | 0.490€ | 1.59% |
| 3 | Apr 14, 2023 | Apr 14, 2023 | Apr 14, 2023 | 0.590€ | 1.93% |
| 4 | Aug 12, 2022 | Aug 12, 2022 | Aug 12, 2022 | 0.460€ | 1.70% |
| 5 | Apr 19, 2022 | Apr 19, 2022 | Apr 19, 2022 | 0.520€ | 1.83% |
FAQ
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