Adyen N.V. Stock Forecast

Adyen N.V. stock price down 0.384% on Wednesday
(Updated on May 08, 2024)

ADYEY Signals & Forecast

There are mixed signals in the stock today. The Adyen N.V. 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 $14.91. On a fall, the stock will find some support from the short-term average at $12.41. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 10.20%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Adyen N.V. stock

Adyen N.V. finds support from accumulated volume at $12.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.140 between high and low, or 1.08%. For the last week, the stock has had daily average volatility of 1.56%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ADYEY) For The Upcoming Trading Day Of Thursday 9th

For the upcoming trading day on Thursday, 9th we expect Adyen N.V. to open at $12.99, and during the day (based on 14 day Average True Range), to move between $12.50 and $13.42, which gives a possible trading interval of +/-$0.460 (+/-3.55%) up or down from last closing price. If Adyen N.V. takes out the full calculated possible swing range there will be an estimated 7.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.77 (1.47%) than the resistance at $15.83 (22.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Adyen N.V. stock A Buy?

Adyen N.V. 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: -3.116 Sell Candidate Unchanged

Predicted Opening Price for Adyen N.V. of Thursday, May 9, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.