Apator S.A. Stock Forecast

Apator S.A. stock price up 0.119% on Tuesday
(Updated on Jun 25, 2024)

APT.WA Signals & Forecast

The Apator 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 16.89zł. On a fall, the stock will find some support from the long-term average at approximately 15.97zł. 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). 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 Friday, June 21, 2024, and so far it has fallen -1.87%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Thursday, December 28, 2023 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 Apator S.A. stock

Apator S.A. finds support from accumulated volume at 16.48zł and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.260zł between high and low, or 1.56%. For the last week the stock has had daily average volatility of 2.14%.

Our recommended stop-loss: 16.11zł (-3.86%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (APT.WA) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Apator S.A. to open at 16.81zł, and during the day (based on 14 day Average True Range), to move between 16.37zł and 17.15zł, which gives a possible trading interval of +/-0.389zł (+/-2.32%) up or down from last closing price. If Apator S.A. takes out the full calculated possible swing range there will be an estimated 4.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 16.88zł (0.72%) than the support at 16.48zł (1.67%), 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 Apator S.A. stock A Buy?

Apator S.A. 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: 0.329 Hold/Accumulate Unchanged

Predicted Opening Price for Apator S.A. of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.