Aroundtown SA Stock Forecast
Strong day for Aroundtown SA stock price on Friday rising 5.86% to 1.96€
(Updated on Apr 26, 2024)
The Aroundtown SA stock price gained 5.86% on the last trading day (Friday, 26th Apr 2024), rising from 1.85€ to 1.96€. During the last trading day the stock fluctuated 6.48% from a day low at 1.86€ to a day high of 1.98€. The price has risen in 6 of the last 10 days and is up by 4.31% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately 9.15€ million.
The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 1.97€ will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Aroundtown SA stock with a 90% probability to be traded between 1.59€ and 1.94€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. 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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AT1.DE Signals & Forecast
The Aroundtown SA 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 1.88€ and 1.85€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. 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 Wednesday, March 27, 2024, and so far it has fallen -1.11%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Aroundtown SA stock
On the downside, the stock finds support just below today's level from accumulated volume at 1.79€ and 1.70€. 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, Aroundtown SA finds support just below today's level at 1.79€. If this is broken, then the next support from accumulated volume will be at 1.70€ and 1.63€.
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 0.121€ between high and low, or 6.48%. For the last week, the stock has had daily average volatility of 4.79%.
Our recommended stop-loss: 1.88€ (-3.82%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 20 days ago.)
Trading Expectations (AT1.DE) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Aroundtown SA to open at 1.93€, and during the day (based on 14 day Average True Range), to move between 1.86€ and 2.06€, which gives a possible trading interval of +/-0.102€ (+/-5.20%) up or down from last closing price. If Aroundtown SA takes out the full calculated possible swing range there will be an estimated 10.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1.98€ (0.94%) than the support at 1.79€ (8.68%), 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 Aroundtown SA stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Aroundtown SA stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.677 Buy Candidate Upgraded
Predicted Opening Price for Aroundtown SA of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 1.93€ ( 1.28%) | 1.96€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AT1.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.05 | 4.87 % | |
| R2 | 2.01 | 2.52 % | ||
| R1 | 1.98 | 1.07 % | ||
| Current price: | 1.96 | |||
| Support | S1 | 1.89 | -3.64 % | |
| S2 | 1.86 | -5.09 % | ||
| S3 | 1.81 | -7.44 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.04 | 3.96 % | |
| R2 | 1.98 | 1.12 % | ||
| R1 | 1.98 | 0.94 % | ||
| Current price | 1.96 | |||
| Support | S1 | 1.79 | -8.68% | |
| S2 | 1.70 | -13.05% | ||
| S3 | 1.63 | -16.82% |
AT1 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 30, 2022 | Jun 30, 2022 | Jun 30, 2022 | 0.230€ | 7.44% |
| 2 | Jul 01, 2021 | Jul 01, 2021 | Jul 01, 2021 | 0.220€ | 3.39% |
| 3 | Dec 16, 2020 | Dec 16, 2020 | Dec 16, 2020 | 0.0210€ | 0.350% |
| 4 | Jun 27, 2019 | Jun 27, 2019 | Jun 27, 2019 | 0.254€ | 3.52% |
| 5 | Jun 28, 2018 | Jun 28, 2018 | Jun 28, 2018 | 0.234€ | 3.40% |
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