Allianz SE Stock Forecast
Green day on Friday for Allianz SE
(Updated on May 17, 2024)
The Allianz SE stock price gained 0.413% on the last trading day (Friday, 17th May 2024), rising from 266.30€ to 267.40€. During the last trading day the stock fluctuated 0.83% from a day low at 265.70€ to a day high of 267.90€. The price has risen in 7 of the last 10 days and is up by 1.21% over the past 2 weeks. Volume fell on the last day by -243 thousand shares and in total, 742 thousand shares were bought and sold for approximately 198.38€ 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 lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 264.60€ 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 5.74% during the next 3 months and, with a 90% probability hold a price between 279.77€ and 302.61€ at the end of this 3-month period.
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ALV.DE Signals & Forecast
The Allianz SE 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 265.33€ and 266.93€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 3.24%. 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). 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.
Support, Risk & Stop-loss for Allianz SE stock
Allianz SE finds support from accumulated volume at 266.65€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 2.20€ between high and low, or 0.83%. For the last week the stock has had daily average volatility of 1.27%.
Our recommended stop-loss: 253.20€ (-5.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 22 days ago.)
Trading Expectations (ALV.DE) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Allianz SE to open at 267.00€, and during the day (based on 14 day Average True Range), to move between 263.09€ and 271.71€, which gives a possible trading interval of +/-4.31€ (+/-1.61%) up or down from last closing price. If Allianz SE takes out the full calculated possible swing range there will be an estimated 3.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 266.65€ (0.28%) than the resistance at 268.80€ (0.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Allianz SE stock A Buy?
Allianz SE 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: 0.398 Hold/Accumulate Unchanged
Predicted Opening Price for Allianz SE of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 267.00€ ( 0.150%) | 267.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALV.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 269.20 | 0.673 % | |
| R2 | 268.36 | 0.359 % | ||
| R1 | 267.84 | 0.165 % | ||
| Current price: | 267.40 | |||
| Support | S1 | 266.16 | -0.464 % | |
| S2 | 265.64 | -0.658 % | ||
| S3 | 264.80 | -0.97 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 277.80 | 3.89 % | |
| R2 | 273.90 | 2.43 % | ||
| R1 | 268.80 | 0.524 % | ||
| Current price | 267.40 | |||
| Support | S1 | 266.65 | -0.280% | |
| S2 | 253.85 | -5.07% | ||
| S3 | 246.50 | -7.82% |
ALV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | May 09, 2024 | 0€ | 0% |
| 2 | May 05, 2023 | May 05, 2023 | May 05, 2023 | 11.40€ | 5.27% |
| 3 | May 05, 2022 | May 05, 2022 | May 05, 2022 | 10.80€ | 5.38% |
| 4 | May 06, 2021 | May 06, 2021 | May 06, 2021 | 9.60€ | 4.49% |
| 5 | Mar 06, 2020 | May 07, 2020 | May 11, 2020 | 9.60€ | 6.14% |
FAQ
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