Groupe Guillin S.A. Stock Forecast
Groupe Guillin S.A. stock price ended at 29.70€ on Friday, after gaining 0.338%.
(Updated on May 17, 2024)
The Groupe Guillin S.A. stock price gained 0.338% on the last trading day (Friday, 17th May 2024), rising from 29.60€ to 29.70€. During the last trading day the stock fluctuated 1.53% from a day low at 29.35€ to a day high of 29.80€. The price has risen in 6 of the last 10 days and is up by 2.77% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately 129.43€ thousand.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 29.71€ will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.65% during the next 3 months and, with a 90% probability hold a price between 23.57€ and 27.14€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ALGIL.PA Signals & Forecast
The Groupe Guillin S.A. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 29.25€ and 29.11€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Groupe Guillin S.A. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -0.336%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Tuesday, November 14, 2023 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 Tuesday, November 14, 2023 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 Groupe Guillin S.A. stock
Groupe Guillin S.A. finds support from accumulated volume at 29.65€ 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.450€ between high and low, or 1.53%. For the last week, the stock has had daily average volatility of 1.79%.
Our recommended stop-loss: 28.48€ (-4.10%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (ALGIL.PA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Groupe Guillin S.A. to open at 29.62€, and during the day (based on 14 day Average True Range), to move between 28.84€ and 30.56€, which gives a possible trading interval of +/-0.86€ (+/-2.89%) up or down from last closing price. If Groupe Guillin S.A. takes out the full calculated possible swing range there will be an estimated 5.78% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 29.65€ (0.17%) than the resistance at 30.60€ (3.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Groupe Guillin S.A. stock A Buy?
Groupe Guillin S.A. 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.
Current score: 0.908 Hold/Accumulate Unchanged
Predicted Opening Price for Groupe Guillin S.A. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 29.62€ ( 0.281%) | 29.70€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALGIL.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.07 | 1.23 % | |
| R2 | 29.89 | 0.656 % | ||
| R1 | 29.79 | 0.298 % | ||
| Current price: | 29.70 | |||
| Support | S1 | 29.44 | -0.86 % | |
| S2 | 29.34 | -1.22 % | ||
| S3 | 29.17 | -1.80 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.50 | 6.06 % | |
| R2 | 31.00 | 4.38 % | ||
| R1 | 30.60 | 3.03 % | ||
| Current price | 29.70 | |||
| Support | S1 | 29.65 | -0.168% | |
| S2 | 29.50 | -0.673% | ||
| S3 | 28.30 | -4.71% |
ALGIL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 25, 2024 | Jun 25, 2024 | Jun 27, 2024 | 1.10€ | 3.71% |
| 2 | Jun 27, 2023 | Jun 27, 2023 | Jun 27, 2023 | 0.80€ | 3.11% |
| 3 | Jun 28, 2022 | Jun 28, 2022 | Jun 28, 2022 | 0.750€ | 3.69% |
| 4 | Jun 22, 2021 | Jun 22, 2021 | Jun 22, 2021 | 0.90€ | 3.68% |
| 5 | Apr 24, 2020 | Jun 23, 2020 | Jun 25, 2020 | 0.300€ | 1.54% |
FAQ
Click here for our free guide on how to buy Groupe Guillin S.A. Stock.
