Alupar Investimento S.A. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Alupar Investimento S.A. stock downgraded from Hold/Accumulate to Sell Candidate after Monday trading session.
(Updated on May 27, 2024)
The Alupar Investimento S.A. stock price gained 0.0339% on the last trading day (Monday, 27th May 2024), rising from R$29.49 to R$29.50. During the last trading day the stock fluctuated 1.27% from a day low at R$29.14 to a day high of R$29.51. The price has risen in 6 of the last 10 days and is up by 0.03% over the past 2 weeks. Volume fell on the last day by -233 thousand shares and in total, 424 thousand shares were bought and sold for approximately R$12.51 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 -4.82% during the next 3 months and, with a 90% probability hold a price between R$25.56 and R$28.73 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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ALUP11.SA Signals & Forecast
The Alupar Investimento S.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately R$29.56. On a fall, the stock will find some support from the long-term average at approximately R$29.24. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Wednesday, May 15, 2024, and so far it has fallen -2.90%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Wednesday, February 21, 2024 in the long-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 12 Months
The stock had a Golden Star Signal on Wednesday, February 21, 2024 in the long-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 Alupar Investimento S.A. stock
Alupar Investimento S.A. finds support from accumulated volume at R$29.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved R$0.370 (1.27%) between high and low. For the last week, the stock has had daily average volatility of 1.33%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ALUP11.SA) For The Upcoming Trading Day Of Tuesday 28th
For the upcoming trading day on Tuesday, 28th we expect Alupar Investimento S.A. to open at R$29.38, and during the day (based on 14 day Average True Range), to move between R$28.98 and R$30.02, which gives a possible trading interval of +/-R$0.522 (+/-1.77%) up or down from last closing price. If Alupar Investimento S.A. takes out the full calculated possible swing range there will be an estimated 3.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at R$29.60 (0.34%) than the support at R$29.05 (1.53%), 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 Alupar Investimento S.A. stock A Buy?
Alupar Investimento S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.603 Sell Candidate Downgraded
Predicted Opening Price for Alupar Investimento S.A. of Tuesday, May 28, 2024
| Fair opening price May 28, 2024 | Current price |
|---|---|
| R$29.38 ( 0.395%) | R$29.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALUP11.SA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 29.75 | 0.86 % | |
| R2 | 29.61 | 0.380 % | ||
| R1 | 29.52 | 0.0836 % | ||
| Current price: | 29.50 | |||
| Support | S1 | 29.24 | -0.87 % | |
| S2 | 29.15 | -1.17 % | ||
| S3 | 29.01 | -1.65 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.99 | 5.05 % | |
| R2 | 30.24 | 2.51 % | ||
| R1 | 29.60 | 0.339 % | ||
| Current price | 29.50 | |||
| Support | S1 | 29.05 | -1.53% | |
| S2 | 28.71 | -2.68% | ||
| S3 | 27.84 | -5.63% |
ALUP11 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 17, 2024 | May 17, 2024 | Jul 01, 2024 | R$0.210 | 0.712% |
| 2 | Apr 22, 2024 | Apr 22, 2024 | Apr 22, 2024 | R$0 | 0% |
| 3 | Nov 17, 2023 | Nov 17, 2023 | Nov 17, 2023 | R$0.120 | 0.419% |
| 4 | Aug 17, 2023 | Aug 17, 2023 | Aug 17, 2023 | R$0.120 | 0.444% |
| 5 | May 16, 2023 | May 16, 2023 | May 16, 2023 | R$0.120 | 0.443% |
FAQ
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