Delfingen Industry S.A. Stock Forecast
Delfingen Industry S.A. stock price ended at 37.50€ on Wednesday, after losing 0.266%.
(Updated on May 29, 2024)
The Delfingen Industry S.A. stock price fell by -0.266% on the last day (Wednesday, 29th May 2024) from 37.60€ to 37.50€. During the last trading day the stock fluctuated 0.80% from a day low at 37.40€ to a day high of 37.70€. The price has fallen in 7 of the last 10 days and is down by -3.35% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -184 shares and in total, 179 shares were bought and sold for approximately 6.71€ thousand.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Delfingen Industry S.A. stock with a 90% probability to be traded between 35.62€ and 40.39€ 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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ALDEL.PA 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 Delfingen Industry S.A. 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 37.89€ and 37.95€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 13, 2024, and so far it has fallen -5.54%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Delfingen Industry S.A. stock
Delfingen Industry S.A. finds support from accumulated volume at 37.20€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.300€ between high and low, or 0.80%. For the last week the stock has had daily average volatility of 1.61%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ALDEL.PA) For The Upcoming Trading Day Of Thursday 30th
For the upcoming trading day on Thursday, 30th we expect Delfingen Industry S.A. to open at 37.53€, and during the day (based on 14 day Average True Range), to move between 36.88€ and 38.12€, which gives a possible trading interval of +/-0.618€ (+/-1.65%) up or down from last closing price. If Delfingen Industry S.A. takes out the full calculated possible swing range there will be an estimated 3.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 37.20€ (0.80%) than the resistance at 38.00€ (1.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Delfingen Industry S.A. stock A Buy?
Delfingen Industry S.A. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.450 Sell Candidate Unchanged
Predicted Opening Price for Delfingen Industry S.A. of Thursday, May 30, 2024
| Fair opening price May 30, 2024 | Current price |
|---|---|
| 37.53€ ( 0.0889%) | 37.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALDEL.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 37.83 | 0.89 % | |
| R2 | 37.72 | 0.583 % | ||
| R1 | 37.65 | 0.394 % | ||
| Current price: | 37.50 | |||
| Support | S1 | 37.42 | -0.217 % | |
| S2 | 37.35 | -0.406 % | ||
| S3 | 37.23 | -0.711 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.90 | 3.73 % | |
| R2 | 38.70 | 3.20 % | ||
| R1 | 38.00 | 1.33 % | ||
| Current price | 37.50 | |||
| Support | S1 | 37.20 | -0.80% | |
| S2 | 36.40 | -2.93% | ||
| S3 | 36.20 | -3.47% |
ALDEL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | 0€ | 0% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | 0.640€ | 1.25% |
| 3 | Jun 30, 2022 | Jun 30, 2022 | Jun 30, 2022 | 1.13€ | 2.34% |
| 4 | Jul 08, 2021 | Jul 08, 2021 | Jul 08, 2021 | 0.380€ | 0.644% |
| 5 | Jul 03, 2019 | Jul 03, 2019 | Jul 03, 2019 | 0.560€ | 2.79% |
FAQ
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