Atende S.A. Stock Forecast
Atende S.A. stock price ended at 3.00zł on Thursday, after losing 0.662%.
(Updated on Jun 27, 2024)
The Atende S.A. stock price fell by -0.662% on the last day (Thursday, 27th Jun 2024) from 3.02zł to 3.00zł. During the last trading day the stock fluctuated 4.35% from a day low at 2.99zł to a day high of 3.12zł. The price has risen in 6 of the last 10 days and is up by 1.69% over the past 2 weeks. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 16 thousand shares were bought and sold for approximately 49.11zł thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.88% during the next 3 months and, with a 90% probability hold a price between 2.69zł and 3.04zł at the end of this 3-month period.
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ATD.WA Signals & Forecast
The Atende 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 3.03zł. On a fall, the stock will find some support from the long-term average at approximately 2.96zł. 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 Monday, June 24, 2024, and so far it has fallen -3.23%. Further fall is indicated until a new bottom pivot has been found. Atende S.A. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Atende S.A. stock
Atende S.A. finds support from accumulated volume at 2.98zł 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.130zł between high and low, or 4.35%. For the last week the stock has had daily average volatility of 2.48%.
Our recommended stop-loss: 2.89zł (-3.59%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 30 days ago.)
Trading Expectations (ATD.WA) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Atende S.A. to open at 3.04zł, and during the day (based on 14 day Average True Range), to move between 2.91zł and 3.09zł, which gives a possible trading interval of +/-0.0932zł (+/-3.11%) up or down from last closing price. If Atende S.A. takes out the full calculated possible swing range there will be an estimated 6.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 2.98zł (0.67%) than the resistance at 3.03zł (1.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Atende S.A. stock A Buy?
Atende 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: 0.785 Hold/Accumulate Unchanged
Predicted Opening Price for Atende S.A. of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
3.04zł ( 1.22%) | 3.00zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ATD.WA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 3.17 | 5.56% |
R2 | 3.12 | 3.90% |
R1 | 3.09 | 2.88% |
Price | 3.00 | |
S1 | 2.99 | -0.433% |
S2 | 2.96 | -1.46% |
S3 | 2.91 | -3.11% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 3.08 | 2.67% |
R2 | 3.05 | 1.67% |
R1 | 3.03 | 1.00% |
Price | 3.00 | |
S1 | 2.98 | -0.667% |
S2 | 2.97 | -1.00% |
S3 | 2.82 | -6.00% |
ATD Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 25, 2024 | Jun 25, 2024 | Jul 03, 2024 | 0.140zł | 4.67% |
2 | May 26, 2021 | May 26, 2021 | May 26, 2021 | 1.00zł | 16.13% |
3 | Jul 23, 2020 | Jul 23, 2020 | Jul 23, 2020 | 0.220zł | 6.04% |
4 | Jul 01, 2019 | Jul 01, 2019 | Jul 01, 2019 | 0.220zł | 5.79% |
5 | Jun 21, 2018 | Jun 21, 2018 | Jun 21, 2018 | 0.220zł | 5.43% |
FAQ
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