Poujoulat SA Stock Forecast
Red day on Wednesday for Poujoulat SA stock after losing 0.641%
(Updated on May 15, 2024)
The Poujoulat SA stock price fell by -0.641% on the last day (Wednesday, 15th May 2024) from 15.60€ to 15.50€. During the last trading day the stock fluctuated 2.93% from a day low at 15.35€ to a day high of 15.80€. The price has been going up and down for this period, and there has been a -3.13% loss for the last 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 -3 thousand shares and in total, 1 thousand shares were bought and sold for approximately 21.62€ thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 15.19€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.23% during the next 3 months and, with a 90% probability hold a price between 17.66€ and 21.78€ at the end of this 3-month period.
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ALPJT.PA Signals & Forecast
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. The Poujoulat SA 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 15.69€ and 15.99€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -10.40%. 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Poujoulat SA stock
On the downside, the stock finds support just below today's level from accumulated volume at 13.85€ and 13.70€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Poujoulat SA finds support just below today's level at 13.85€. If this is broken, then the next support from accumulated volume will be at 13.70€ and 12.80€.
In general the stock tends to have controlled movements and therefore the general risk is considered 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 0.450€ between high and low, or 2.93%. For the last week the stock has had daily average volatility of 4.98%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ALPJT.PA) For The Upcoming Trading Day Of Thursday 16th
For the upcoming trading day on Thursday, 16th we expect Poujoulat SA to open at 15.55€, and during the day (based on 14 day Average True Range), to move between 14.93€ and 16.07€, which gives a possible trading interval of +/-0.569€ (+/-3.67%) up or down from last closing price. If Poujoulat SA takes out the full calculated possible swing range there will be an estimated 7.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 15.60€ (0.65%) than the support at 13.85€ (10.65%), 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.
Earnings coming up
Poujoulat SA will release earnings BMO on Tuesday, May 21, 2024. We will update the financials statements for Poujoulat SA, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 8.60% in the first trading day after earnings release.
Is Poujoulat SA stock A Buy?
The Poujoulat SA stock holds several negative signals and despite the positive trend, we believe Poujoulat SA will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.070 Sell Candidate Unchanged
Predicted Opening Price for Poujoulat SA of Thursday, May 16, 2024
| Fair opening price May 16, 2024 | Current price |
|---|---|
| 15.55€ ( 0.323%) | 15.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALPJT.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 16.00 | 3.23 % | |
| R2 | 15.83 | 2.12 % | ||
| R1 | 15.72 | 1.43 % | ||
| Current price: | 15.50 | |||
| Support | S1 | 15.38 | -0.786 % | |
| S2 | 15.27 | -1.47 % | ||
| S3 | 15.10 | -2.58 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 16.85 | 8.71 % | |
| R2 | 16.00 | 3.23 % | ||
| R1 | 15.60 | 0.645 % | ||
| Current price | 15.50 | |||
| Support | S1 | 13.85 | -10.65% | |
| S2 | 13.70 | -11.61% | ||
| S3 | 12.80 | -17.42% |
ALPJT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2023 | Sep 27, 2023 | Sep 27, 2023 | 0.320€ | 1.51% |
| 2 | Sep 28, 2022 | Sep 28, 2022 | Sep 28, 2022 | 0.225€ | 1.09% |
| 3 | Oct 06, 2021 | Oct 06, 2021 | Oct 06, 2021 | 0.150€ | 1.16% |
| 4 | Nov 11, 2020 | Nov 11, 2020 | Nov 11, 2020 | 0.100€ | 2.11% |
| 5 | Sep 20, 2019 | Sep 20, 2019 | Sep 20, 2019 | 0.100€ | 1.32% |
FAQ
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