Autoliv, Inc. Stock Forecast
Autoliv, Inc. stock upgraded to Sell Candidate.
(Updated on Jun 19, 2024)
The Autoliv, Inc. stock price fell by -1.00% on the last day (Wednesday, 19th Jun 2024) from kr1,145.00 to kr1,133.60. During the last trading day the stock fluctuated 1.16% from a day low at kr1,133.60 to a day high of kr1,146.80. The price has fallen in 6 of the last 10 days and is down by -11.33% 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 -57 thousand shares and in total, 82 thousand shares were bought and sold for approximately kr93.30 million.
Given the current short-term trend, the stock is expected to fall -2.28% during the next 3 months and, with a 90% probability hold a price between kr1,107.80 and kr1,314.64 at the end of this 3-month period.
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ALIV-SDB.ST Signals & Forecast
There are few to no technical positive signals at the moment. The Autoliv, Inc. 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 kr1,167.31 and kr1,295.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 07, 2024, and so far it has fallen -16.67%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, July 06, 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 Thursday, July 06, 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 Autoliv, Inc. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 kr13.20 between high and low, or 1.16%. For the last week, the stock has had daily average volatility of 2.84%.
Autoliv, Inc. is oversold on RSI14 (14). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ALIV-SDB.ST) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Autoliv, Inc. to open at kr1,138.00, and during the day (based on 14 day Average True Range), to move between kr1,104.35 and kr1,162.85, which gives a possible trading interval of +/-kr29.25 (+/-2.58%) up or down from last closing price. If Autoliv, Inc. takes out the full calculated possible swing range there will be an estimated 5.16% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ kr1,180.80, some kr47.20 (4.16%) from the current price of kr1,133.60, our system finds the risk reward not very attractive.
Is Autoliv, Inc. stock A Buy?
Autoliv, Inc. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -2.424 Sell Candidate Upgraded
Predicted Opening Price for Autoliv, Inc. of Thursday, June 20, 2024
Fair opening price June 20, 2024 | Current price |
---|---|
kr1,138.00 ( 0.388%) | kr1,133.60 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALIV-SDB.ST
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,151.20 | 1.55% |
R2 | 1,146.16 | 1.11% |
R1 | 1,143.04 | 0.83% |
Price | 1,133.60 | |
S1 | 1,132.96 | -0.0567% |
S2 | 1,129.84 | -0.331% |
S3 | 1,124.80 | -0.776% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,325.00 | 16.88% |
R2 | 1,252.00 | 10.44% |
R1 | 1,180.80 | 4.16% |
Price | 1,133.60 | |
S1 | 0 | - |
S2 | 0 | - |
S3 | 0 | - |
ALIV-SDB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 22, 2024 | May 22, 2024 | Jun 13, 2024 | kr7.36 | 0.620% |
2 | Mar 11, 2024 | Mar 11, 2024 | Mar 28, 2024 | kr7.02 | 0.544% |
3 | Nov 27, 2023 | Nov 27, 2023 | Dec 13, 2023 | kr7.11 | 0.683% |
4 | Sep 06, 2023 | Sep 06, 2023 | Sep 22, 2023 | kr7.33 | 0.683% |
5 | May 24, 2023 | May 24, 2023 | May 24, 2023 | kr0.660 | 0.0749% |
FAQ
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