RSI low/high Values: [ 30 - 70 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ALMET.PA
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Méthanor SCA stock price up 0.400% on Tuesday
(Updated on Jul 02, 2024)

Buy candidate since Jul 01, 2024 Gain 0.40% PDF

The Méthanor SCA stock price gained 0.400% on the last trading day (Tuesday, 2nd Jul 2024), rising from 2.50€ to 2.51€. During the last trading day the stock fluctuated 7.20% from a day low at 2.50€ to a day high of 2.68€. The price has risen in 6 of the last 10 days and is up by 16.2% 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, 443 more shares were traded than the day before. In total, 603 shares were bought and sold for approximately 1.51€ thousand.

Given the current short-term trend, the stock is expected to fall -19.22% during the next 3 months and, with a 90% probability hold a price between 1.65€ and 2.03€ 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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ALMET.PA Signals & Forecast

Mostly positive signals in the chart today. The Méthanor SCA 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 2.37€ and 2.49€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 16.74%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Méthanor SCA 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Méthanor SCA stock

Méthanor SCA finds support from accumulated volume at 2.43€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 0.180€ between high and low, or 7.20%. For the last week, the stock has had daily average volatility of 8.00%.

Our recommended stop-loss: 2.39€ (-4.60%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (ALMET.PA) For The Upcoming Trading Day Of Wednesday 3rd

For the upcoming trading day on Wednesday, 3rd we expect Méthanor SCA to open at 2.56€, and during the day (based on 14 day Average True Range), to move between 2.35€ and 2.67€, which gives a possible trading interval of +/-0.157€ (+/-6.24%) up or down from last closing price. If Méthanor SCA takes out the full calculated possible swing range there will be an estimated 12.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 2.54€ (1.20%) than the support at 2.43€ (3.19%), 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 Méthanor SCA stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.642 Buy Candidate Unchanged

Predicted Opening Price for Méthanor SCA of Wednesday, July 3, 2024

Fair opening price July 3, 2024 Current price
2.56€ ( 2.12%) 2.51€

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

Trading levels for ALMET.PA

Fibonacci Support & Resistance Levels

Level Price
R3 2.74 9.30%
R2 2.67 6.56%
R1 2.63 4.86%
Price 2.51
S1 2.49 -0.615%
S2 2.45 -2.31%
S3 2.38 -5.05%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.62 4.38%
R2 2.55 1.59%
R1 2.54 1.20%
Price 2.51
S1 2.43 -3.19%
S2 2.42 -3.59%
S3 2.15 -14.34%

ALMET Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 06, 2023 Jul 06, 2023 Jul 06, 2023 0.150€ 3.97%
2 Jul 13, 2021 Jul 13, 2021 Jul 13, 2021 0.100€ 2.13%
3 Jun 01, 2020 Jul 13, 2020 Aug 04, 2020 0.210€ 3.75%
4 Jul 04, 2019 Jul 04, 2019 Jul 04, 2019 0.210€ 4.12%
5 May 10, 2018 Jul 10, 2018 Aug 01, 2018 0.110€ 2.24%

FAQ

What is the symbol for Méthanor SCA Stock and on which exchange is it traded?
The symbol for Méthanor SCA is ALMET.PA and it is traded on the PAR (Euronext Paris).

Should I buy or sell Méthanor SCA Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Méthanor SCA Stock?
Méthanor SCA Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Méthanor SCA Stock.

What's the current price of Méthanor SCA Stock?
As of the end of day on the Jul 02, 2024, the price of an Méthanor SCA (ALMET.PA) share was 2.51€.

What is the 52-week high and low for Méthanor SCA Stock?
The 52-week high for Méthanor SCA Stock is 3.99€ and the 52-week low is 2.15€.

What is the market capitalization of Méthanor SCA Stock?
As of the Jul 02, 2024, the market capitalization of Méthanor SCA is 6.057M.
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About Méthanor SCA

Méthanor SCA Méthanor SCA develops and operates agricultural biogas units in France. The company is based in Paris, France.... ALMET.PA Profile

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