Atos Origin SA Stock Forecast
Stronger technical forecast for Atos Origin SA stock price after Tuesday trading.
(Updated on Jun 25, 2024)
No changes to the price of Atos Origin SA stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $1.35 to a day high of $1.35. The price has been going up and down for this period, and there has been a 9.76% gain for the last 2 weeks.
The stock lies in the middle of a very 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 -46.92% during the next 3 months and, with a 90% probability hold a price between $0.231 and $0.89 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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AEXAF Signals & Forecast
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 Atos Origin SA 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 $1.70. On a fall, the stock will find some support from the short-term average at $1.05. 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. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Wednesday, April 10, 2024 with a target of $2.12. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Atos Origin SA stock
On the downside, the stock finds support just below today's level from accumulated volume at $1.23. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
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%
Our recommended stop-loss: $1.30 (-4.04%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (AEXAF) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Atos Origin SA to open at $1.35, and during the day (based on 14 day Average True Range), to move between $1.21 and $1.49, which gives a possible trading interval of +/-$0.136 (+/-10.11%) up or down from last closing price. If Atos Origin SA takes out the full calculated possible swing range there will be an estimated 20.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $1.40 (3.70%) than the support at $1.23 (8.89%), 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 Atos Origin SA stock A Buy?
Atos Origin SA 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: 0.000 Hold/Accumulate Upgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Atos Origin SA of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $1.35 ( 0.00000000%) | $1.35 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AEXAF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.35 | 0.00000000% |
| R2 | 1.35 | 0.00000000% |
| R1 | 1.35 | 0.00000000% |
| Price | 1.35 | |
| S1 | 1.35 | 0.00000000% |
| S2 | 1.35 | 0.00000000% |
| S3 | 1.35 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 1.50 | 11.11% |
| R1 | 1.40 | 3.70% |
| Price | 1.35 | |
| S1 | 1.23 | -8.89% |
| S2 | 0 | - |
| S3 | 0 | - |
AEXAF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2021 | May 14, 2021 | May 14, 2021 | $1.09 | 1.61% |
| 2 | May 26, 2017 | May 26, 2017 | May 26, 2017 | $1.79 | 1.32% |
| 3 | Jun 02, 2016 | Jun 02, 2016 | Jun 02, 2016 | $1.23 | 1.36% |
| 4 | Jun 02, 2014 | Jun 02, 2014 | Jun 02, 2014 | $0.95 | 1.08% |
FAQ
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