ASR Nederland N.V. Stock Forecast
Green day on Friday for ASR Nederland N.V.
(Updated on Apr 26, 2024)
The ASR Nederland N.V. stock price gained 0.0648% on the last trading day (Friday, 26th Apr 2024), rising from 46.32€ to 46.35€. During the last trading day the stock fluctuated 0.99% from a day low at 46.35€ to a day high of 46.81€. The price has risen in 7 of the last 10 days and is up by 2.73% over the past 2 weeks. Volume fell on the last day by -69 thousand shares and in total, 272 thousand shares were bought and sold for approximately 12.63€ 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 upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 46.73€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 7.87% during the next 3 months and, with a 90% probability hold a price between 47.04€ and 50.41€ at the end of this 3-month period.
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ASRNL.AS Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -0.472%. 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). The ASR Nederland N.V. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 46.19€ and 44.52€. A breakdown below any of these levels will issue sell signals. 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 ASR Nederland N.V. stock
On the downside, the stock finds support just below today's level from accumulated volume at 42.63€ and 42.43€. 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, ASR Nederland N.V. finds support just below today's level at 42.63€. If this is broken, then the next support from accumulated volume will be at 42.43€ and 42.40€.
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 0.460€ between high and low, or 0.99%. For the last week the stock has had daily average volatility of 1.21%.
Our recommended stop-loss: 44.70€ (-3.56%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (ASRNL.AS) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect ASR Nederland N.V. to open at 46.50€, and during the day (based on 14 day Average True Range), to move between 45.66€ and 47.04€, which gives a possible trading interval of +/-0.693€ (+/-1.49%) up or down from last closing price. If ASR Nederland N.V. takes out the full calculated possible swing range there will be an estimated 2.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 46.40€ (0.11%) than the support at 42.63€ (8.03%), 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 ASR Nederland N.V. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ASR Nederland N.V. stock to perform well in the short-term.
Current score: 1.845 Buy Candidate Unchanged
Predicted Opening Price for ASR Nederland N.V. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 46.50€ ( 0.331%) | 46.35€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ASRNL.AS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 46.96 | 1.32 % | |
| R2 | 46.79 | 0.94 % | ||
| R1 | 46.68 | 0.710 % | ||
| Current price: | 46.35 | |||
| Support | S1 | 46.33 | -0.0483 % | |
| S2 | 46.22 | -0.283 % | ||
| S3 | 46.04 | -0.662 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 46.57 | 0.475 % | |
| R2 | 46.51 | 0.345 % | ||
| R1 | 46.40 | 0.108 % | ||
| Current price | 46.35 | |||
| Support | S1 | 42.63 | -8.03% | |
| S2 | 42.43 | -8.46% | ||
| S3 | 42.40 | -8.52% |
ASRNL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 31, 2024 | May 31, 2024 | May 31, 2024 | 0€ | 0% |
| 2 | Sep 06, 2023 | Sep 06, 2023 | Sep 06, 2023 | 1.08€ | 2.77% |
| 3 | Jun 02, 2023 | Jun 02, 2023 | Jun 02, 2023 | 1.72€ | 4.34% |
| 4 | Aug 31, 2022 | Aug 31, 2022 | Aug 31, 2022 | 0.98€ | 2.41% |
| 5 | May 27, 2022 | May 27, 2022 | May 27, 2022 | 1.60€ | 3.69% |
FAQ
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