Air Liquide (ADR) Stock Forecast
Air Liquide (ADR) stock price ended at $39.18 on Monday, after gaining 0.678%.
(Updated on May 06, 2024)
The Air Liquide (ADR) stock price gained 0.678% on the last trading day (Monday, 6th May 2024), rising from $38.92 to $39.18. During the last trading day the stock fluctuated 0.589% from a day low at $39.07 to a day high of $39.30. The price has been going up and down for this period, and there has been a -2.04% loss for the last 2 weeks. Volume fell on the last day by -9 thousand shares and in total, 89 thousand shares were bought and sold for approximately $3.48 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.93% during the next 3 months and, with a 90% probability hold a price between $38.20 and $44.61 at the end of this 3-month period.
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AIQUY Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Air Liquide (ADR) 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 $39.20 and $40.49. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -8.21%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Air Liquide (ADR) stock
On the downside, the stock finds support just below today's level from accumulated volume at $36.58 and $36.43. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Air Liquide (ADR) finds support just below today's level at $36.58. If this is broken, then the next support from accumulated volume will be at $36.43 and $36.05.
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 $0.230 between high and low, or 0.589%. For the last week the stock has had daily average volatility of 1.37%.
Our recommended stop-loss: $37.02 (-5.51%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 32 days ago.)
Trading Expectations (AIQUY) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Air Liquide (ADR) to open at $39.18, and during the day (based on 14 day Average True Range), to move between $38.59 and $39.78, which gives a possible trading interval of +/-$0.593 (+/-1.51%) up or down from last closing price. If Air Liquide (ADR) takes out the full calculated possible swing range there will be an estimated 3.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $40.18 (2.54%) than the support at $36.58 (6.65%), 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 Air Liquide (ADR) stock A Buy?
Air Liquide (ADR) 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: 0.506 Hold/Accumulate Unchanged
Predicted Opening Price for Air Liquide (ADR) of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| $39.18 ( 0.0017%) | $39.18 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AIQUY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 39.41 | 0.589 % | |
| R2 | 39.33 | 0.364 % | ||
| R1 | 39.27 | 0.226 % | ||
| Current price: | 39.18 | |||
| Support | S1 | 39.10 | -0.223 % | |
| S2 | 39.04 | -0.361 % | ||
| S3 | 38.95 | -0.585 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.93 | 4.46 % | |
| R2 | 40.30 | 2.85 % | ||
| R1 | 40.18 | 2.54 % | ||
| Current price | 39.18 | |||
| Support | S1 | 36.58 | -6.65% | |
| S2 | 36.43 | -7.03% | ||
| S3 | 36.05 | -8.00% |
AIQUY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 14, 2024 | $0.640 | 1.63% |
| 2 | May 06, 2023 | May 11, 2023 | Jun 08, 2023 | $0.630 | 1.87% |
| 3 | May 07, 2022 | May 12, 2022 | Jun 09, 2022 | $0.590 | 1.80% |
| 4 | Feb 10, 2021 | May 13, 2021 | Jun 14, 2021 | $0.605 | 1.95% |
| 5 | Apr 13, 2020 | May 07, 2020 | Jun 08, 2020 | $0.537 | 2.04% |
FAQ
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