1000mercis Stock Forecast
Red day on Friday for 1000mercis
(Updated on May 10, 2024)
No changes to the price of 1000mercis stock on the last trading day (Friday, 10th May 2024). During the last trading day the stock fluctuated 0% from a day low at 27.00€ to a day high of 27.00€. The price has risen in 6 of the last 10 days and is up by 5.47% over the past 2 weeks.
The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 27.00€ will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect 1000mercis stock with a 90% probability to be traded between 24.88€ and 27.08€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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ALMIL.PA Signals & Forecast
The 1000mercis 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 26.46€ and 25.69€. 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, May 09, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Friday, March 01, 2024 in the short-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
The stock had a Golden Star Signal on Friday, March 01, 2024 in the short-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 1000mercis stock
1000mercis finds support from accumulated volume at 26.20€ 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 2.47%
Our recommended stop-loss: 25.98€ (-3.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (ALMIL.PA) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect 1000mercis to open at 27.00€, and during the day (based on 14 day Average True Range), to move between 26.33€ and 27.67€, which gives a possible trading interval of +/-0.670€ (+/-2.48%) up or down from last closing price. If 1000mercis takes out the full calculated possible swing range there will be an estimated 4.96% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 26.20€, some 0.80€ (2.96%) from the current price of 27.00€, our system finds the risk reward attractive.
Is 1000mercis stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for 1000mercis stock to perform well in the short-term period.
Current score: 2.005 Buy Candidate Unchanged
Predicted Opening Price for 1000mercis of Monday, May 13, 2024
Fair opening price May 13, 2024 | Current price |
---|---|
27.00€ ( 0%) | 27.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALMIL.PA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 27.00 | . | |
R2 | 27.00 | . | ||
R1 | 27.00 | . | ||
Current price: | 27.00 | |||
Support | S1 | 27.00 | . | |
S2 | 27.00 | . | ||
S3 | 27.00 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 27.00 | |||
Support | S1 | 26.20 | -2.96% | |
S2 | 25.60 | -5.19% | ||
S3 | 25.20 | -6.67% |
ALMIL Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 11, 2023 | May 11, 2023 | May 11, 2023 | 10.20€ | 25.50% |
2 | Apr 02, 2019 | Jun 07, 2019 | Jun 11, 2019 | 0.300€ | 1.32% |
3 | Mar 23, 2018 | Jun 13, 2018 | Jun 15, 2018 | 2.00€ | 5.87% |
4 | Mar 21, 2017 | Jun 26, 2017 | Jun 28, 2017 | 0.300€ | 0.668% |
5 | Apr 05, 2016 | Jun 21, 2016 | Jun 23, 2016 | 0.300€ | 0.780% |
FAQ
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