Dassault Aviation SA Stock Forecast
Red day on Friday for Dassault Aviation SA
(Updated on Jun 28, 2024)
The Dassault Aviation SA stock price fell by -0.528% on the last day (Friday, 28th Jun 2024) from 170.50€ to 169.60€. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.65% from a day low at 169.40€ to a day high of 172.20€. The price has been going up and down for this period, and there has been a -2.64% 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 -10 thousand shares and in total, 34 thousand shares were bought and sold for approximately 5.79€ million.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 169.08€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -13.97% during the next 3 months and, with a 90% probability hold a price between 145.45€ and 168.20€ 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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AM.PA Signals & Forecast
There are few to no technical positive signals at the moment. The Dassault Aviation 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 175.53€ and 191.89€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -6.71%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Dassault Aviation SA stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 2.80€ between high and low, or 1.65%. For the last week, the stock has had daily average volatility of 2.39%.
Dassault Aviation SA is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AM.PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Dassault Aviation SA to open at 170.40€, and during the day (based on 14 day Average True Range), to move between 165.17€ and 174.03€, which gives a possible trading interval of +/-4.43€ (+/-2.61%) up or down from last closing price. If Dassault Aviation SA takes out the full calculated possible swing range there will be an estimated 5.23% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 199.00€, some 29.40€ (17.33%) from the current price of 169.60€, our system finds the risk reward not very attractive.
Is Dassault Aviation SA stock A Buy?
Dassault Aviation SA holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.312 Sell Candidate Unchanged
Predicted Opening Price for Dassault Aviation SA of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 170.40€ ( 0.472%) | 169.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AM.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 173.20 | 2.12% |
| R2 | 172.13 | 1.49% |
| R1 | 171.47 | 1.10% |
| Price | 169.60 | |
| S1 | 169.33 | -0.159% |
| S2 | 168.67 | -0.549% |
| S3 | 167.60 | -1.18% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 205.80 | 21.34% |
| R2 | 202.60 | 19.46% |
| R1 | 199.00 | 17.33% |
| Price | 169.60 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
AM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 20, 2024 | May 22, 2024 | 3.37€ | 1.66% |
| 2 | May 19, 2023 | May 19, 2023 | May 19, 2023 | 3.00€ | 1.75% |
| 3 | May 23, 2022 | May 23, 2022 | May 23, 2022 | 2.49€ | 1.63% |
| 4 | May 18, 2021 | May 18, 2021 | May 18, 2021 | 1.23€ | 1.27% |
| 5 | Feb 28, 2019 | May 22, 2019 | May 24, 2019 | 2.12€ | 1.78% |
FAQ
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