Assystem S.A. Stock Forecast
Assystem S.A. stock price ended at 57.80€ on Friday, after gaining 1.23%.
(Updated on May 31, 2024)
The Assystem S.A. stock price gained 1.23% on the last trading day (Friday, 31st May 2024), rising from 57.10€ to 57.80€. During the last trading day the stock fluctuated 1.40% from a day low at 57.00€ to a day high of 57.80€. The price has been going up and down for this period, and there has been a 0.52% gain for the last 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 5 thousand shares were bought and sold for approximately 267.96€ thousand. 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 weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.64% during the next 3 months and, with a 90% probability hold a price between 54.91€ and 63.73€ at the end of this 3-month period.
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ASY.PA Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, May 24, 2024, and so far it has fallen -0.86%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The Assystem S.A. 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 57.57€ and 55.37€. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Assystem S.A. stock
Assystem S.A. finds support from accumulated volume at 56.20€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.800€ between high and low, or 1.40%. For the last week the stock has had daily average volatility of 1.94%
Our recommended stop-loss: 55.61€ (-3.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 39 days ago.)
Trading Expectations (ASY.PA) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Assystem S.A. to open at 57.53€, and during the day (based on 14 day Average True Range), to move between 56.69€ and 58.91€, which gives a possible trading interval of +/-1.11€ (+/-1.92%) up or down from last closing price. If Assystem S.A. takes out the full calculated possible swing range there will be an estimated 3.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 58.00€ (0.35%) than the support at 56.20€ (2.77%), 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 Assystem S.A. 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 Assystem S.A. stock to perform well in the short-term.
Current score: 2.376 Buy Candidate Unchanged
Predicted Opening Price for Assystem S.A. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 57.53€ ( 0.461%) | 57.80€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ASY.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 58.33 | 0.92 % | |
| R2 | 58.03 | 0.394 % | ||
| R1 | 57.84 | 0.0674 % | ||
| Current price: | 57.80 | |||
| Support | S1 | 57.23 | -0.99 % | |
| S2 | 57.04 | -1.32 % | ||
| S3 | 56.73 | -1.85 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 60.00 | 3.81 % | |
| R2 | 58.80 | 1.73 % | ||
| R1 | 58.00 | 0.346 % | ||
| Current price | 57.80 | |||
| Support | S1 | 56.20 | -2.77% | |
| S2 | 54.30 | -6.06% | ||
| S3 | 52.50 | -9.17% |
ASY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 10, 2024 | Jul 10, 2024 | Jul 10, 2024 | 0€ | 0% |
| 2 | Apr 04, 2024 | Apr 04, 2024 | Apr 04, 2024 | 0€ | 0% |
| 3 | Apr 03, 2024 | Apr 03, 2024 | Apr 05, 2024 | 14.00€ | 27.13% |
| 4 | Jul 05, 2023 | Jul 05, 2023 | Jul 05, 2023 | 1.00€ | 2.11% |
| 5 | Jul 06, 2022 | Jul 06, 2022 | Jul 06, 2022 | 1.00€ | 2.86% |
FAQ
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