ageas SA/NV Stock Forecast
Red day on Tuesday for ageas SA/NV
(Updated on Jul 02, 2024)
The ageas SA/NV stock price fell by -0.696% on the last day (Tuesday, 2nd Jul 2024) from 43.10€ to 42.80€. During the last trading day the stock fluctuated 1.04% from a day low at 42.42€ to a day high of 42.86€. The price has been going up and down for this period, and there has been a 0.33% gain for the last 2 weeks. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 242 thousand shares were bought and sold for approximately 10.34€ million.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 42.30€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect ageas SA/NV stock with a 90% probability to be traded between 42.73€ and 49.02€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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AGS.BB Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 1.42%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The ageas SA/NV 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 42.95€ and 44.78€. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Monday, March 11, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, March 11, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for ageas SA/NV stock
ageas SA/NV finds support from accumulated volume at 42.70€ 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 0.440€ between high and low, or 1.04%. For the last week the stock has had daily average volatility of 1.10%.
Our recommended stop-loss: 40.69€ (-4.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)
Trading Expectations (AGS.BB) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect ageas SA/NV to open at 42.69€, and during the day (based on 14 day Average True Range), to move between 42.12€ and 43.48€, which gives a possible trading interval of +/-0.685€ (+/-1.60%) up or down from last closing price. If ageas SA/NV takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 42.70€ (0.23%) than the resistance at 43.50€ (1.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ageas SA/NV stock A Buy?
ageas SA/NV holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.949 Hold/Accumulate Unchanged
Predicted Opening Price for ageas SA/NV of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 42.69€ ( 0.249%) | 42.80€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AGS.BB
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 43.13 | 0.779% |
| R2 | 42.97 | 0.386% |
| R1 | 42.86 | 0.143% |
| Price | 42.80 | |
| S1 | 42.53 | -0.642% |
| S2 | 42.42 | -0.88% |
| S3 | 42.25 | -1.28% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 45.70 | 6.78% |
| R2 | 43.82 | 2.38% |
| R1 | 43.50 | 1.64% |
| Price | 42.80 | |
| S1 | 42.70 | -0.234% |
| S2 | 42.66 | -0.327% |
| S3 | 42.20 | -1.40% |
AGS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 05, 2024 | Jun 05, 2024 | Jun 07, 2024 | 1.75€ | 0% |
| 2 | Oct 25, 2023 | Oct 25, 2023 | Oct 27, 2023 | 1.50€ | 0% |
| 3 | May 31, 2023 | May 31, 2023 | May 31, 2023 | 1.50€ | 0% |
| 4 | Oct 26, 2022 | Oct 26, 2022 | Oct 26, 2022 | 1.50€ | 0% |
| 5 | Jun 01, 2022 | Jun 01, 2022 | Jun 01, 2022 | 2.75€ | 0% |
FAQ
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