Air Liquide (ADR) Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Air Liquide (ADR) stock upgraded to Hold/Accumulate.
(Updated on May 03, 2024)
The Air Liquide (ADR) stock price gained 0.154% on the last trading day (Friday, 3rd May 2024), rising from $38.86 to $38.92. During the last trading day the stock fluctuated 0.93% from a day low at $38.82 to a day high of $39.18. The price has been going up and down for this period, and there has been a -2.6% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 97 thousand shares were bought and sold for approximately $3.79 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $37.75 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 4.75% during the next 3 months and, with a 90% probability hold a price between $39.54 and $45.75 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 is rising along with the price. This is considered to be a good technical signal. 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 $39.23 and $40.58. 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 -8.83%. 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 $0.360 between high and low, or 0.93%. For the last week the stock has had daily average volatility of 1.37%.
Our recommended stop-loss: $36.54 (-6.10%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 31 days ago.)
Trading Expectations (AIQUY) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Air Liquide (ADR) to open at $38.97, and during the day (based on 14 day Average True Range), to move between $38.31 and $39.53, which gives a possible trading interval of +/-$0.609 (+/-1.57%) up or down from last closing price. If Air Liquide (ADR) takes out the full calculated possible swing range there will be an estimated 3.13% 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 (3.24%) than the support at $36.58 (6.01%), 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.607 Hold/Accumulate Upgraded
Predicted Opening Price for Air Liquide (ADR) of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $38.97 ( 0.137%) | $38.92 |
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 | 39.33 | 1.06 % | |
| R2 | 39.20 | 0.709 % | ||
| R1 | 39.11 | 0.490 % | ||
| Current price: | 38.92 | |||
| Support | S1 | 38.84 | -0.216 % | |
| S2 | 38.75 | -0.435 % | ||
| S3 | 38.61 | -0.788 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.93 | 5.16 % | |
| R2 | 40.30 | 3.55 % | ||
| R1 | 40.18 | 3.24 % | ||
| Current price | 38.92 | |||
| Support | S1 | 36.58 | -6.01% | |
| S2 | 36.43 | -6.40% | ||
| S3 | 36.05 | -7.37% |
AIQUY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 14, 2024 | $0.640 | 1.64% |
| 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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