Ailleron S.A. Stock Forecast

Evaluation of Ailleron S.A. stock downgraded after the last trading session.
(Updated on Jun 14, 2024)

ALL.WA Signals & Forecast

The Ailleron 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 17.33zł and 17.12zł. 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). 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 Thursday, June 13, 2024, and so far it has fallen -0.339%. 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.

Support, Risk & Stop-loss for Ailleron S.A. stock

Ailleron S.A. finds support from accumulated volume at 17.22zł and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.580zł between high and low, or 3.37%. For the last week the stock has had daily average volatility of 2.74%

Our recommended stop-loss: 16.96zł (-3.73%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (ALL.WA) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Ailleron S.A. to open at 17.53zł, and during the day (based on 14 day Average True Range), to move between 17.14zł and 18.10zł, which gives a possible trading interval of +/-0.478zł (+/-2.71%) up or down from last closing price. If Ailleron S.A. takes out the full calculated possible swing range there will be an estimated 5.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 17.68zł (0.34%) than the support at 17.22zł (2.27%), 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 Ailleron S.A. stock A Buy?

Ailleron 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

Current score: 0.788 Hold/Accumulate Downgraded

Predicted Opening Price for Ailleron S.A. of Monday, June 17, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.