Lexibook - Linguistic Electronic System Stock Forecast
Red day on Wednesday for Lexibook - Linguistic Electronic System
(Updated on May 29, 2024)
The Lexibook - Linguistic Electronic System stock price fell by -0.295% on the last day (Wednesday, 29th May 2024) from 3.39€ to 3.38€. During the last trading day the stock fluctuated 3.67% from a day low at 3.27€ to a day high of 3.39€. The price has fallen in 5 of the last 10 days but is still up by 1.2% over the past 2 weeks. 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 -9 thousand shares and in total, 5 thousand shares were bought and sold for approximately 15.34€ thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.96% during the next 3 months and, with a 90% probability hold a price between 2.83€ and 3.27€ 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.
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ALLEX.PA Signals & Forecast
The Lexibook - Linguistic Electronic System stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 3.32€ and 3.37€. A breakdown below any of these levels will issue sell signals. 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 Monday, May 13, 2024, and so far it has fallen -5.32%. 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 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 Lexibook - Linguistic Electronic System stock
Lexibook - Linguistic Electronic System finds support from accumulated volume at 3.37€ 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 0.120€ between high and low, or 3.67%. For the last week the stock has had daily average volatility of 3.78%.
Our recommended stop-loss: 3.22€ (-4.85%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 27 days ago.)
Trading Expectations (ALLEX.PA) For The Upcoming Trading Day Of Thursday 30th
For the upcoming trading day on Thursday, 30th we expect Lexibook - Linguistic Electronic System Société anonyme to open at 3.35€, and during the day (based on 14 day Average True Range), to move between 3.24€ and 3.52€, which gives a possible trading interval of +/-0.142€ (+/-4.21%) up or down from last closing price. If Lexibook - Linguistic Electronic System Société anonyme takes out the full calculated possible swing range there will be an estimated 8.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 3.37€ (0.30%) than the resistance at 3.39€ (0.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Lexibook - Linguistic Electronic System Société anonyme stock A Buy?
Lexibook - Linguistic Electronic System 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: -0.364 Hold/Accumulate Unchanged
Predicted Opening Price for Lexibook - Linguistic Electronic System Société anonyme of Thursday, May 30, 2024
| Fair opening price May 30, 2024 | Current price |
|---|---|
| 3.35€ ( 0.99%) | 3.38€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALLEX.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.47 | 2.56 % | |
| R2 | 3.42 | 1.21 % | ||
| R1 | 3.39 | 0.370 % | ||
| Current price: | 3.38 | |||
| Support | S1 | 3.30 | -2.34 % | |
| S2 | 3.27 | -3.18 % | ||
| S3 | 3.23 | -4.54 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.60 | 6.51 % | |
| R2 | 3.40 | 0.592 % | ||
| R1 | 3.39 | 0.296 % | ||
| Current price | 3.38 | |||
| Support | S1 | 3.37 | -0.296% | |
| S2 | 3.34 | -1.18% | ||
| S3 | 3.33 | -1.48% |
ALLEX Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 16, 1998 | Jul 20, 1998 | Jul 20, 1998 | 3.44€ | 0% |
FAQ
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