Barco NV Stock Forecast
Barco NV stock price ended at 13.08€ on Tuesday, after gaining 0.770%.
(Updated on Apr 30, 2024)
The Barco NV stock price gained 0.770% on the last trading day (Tuesday, 30th Apr 2024), rising from 12.98€ to 13.08€. During the last trading day the stock fluctuated 1.55% from a day low at 12.91€ to a day high of 13.11€. The price has fallen in 6 of the last 10 days and is down by -12.51% for this period. Volume fell on the last day by -6 thousand shares and in total, 195 thousand shares were bought and sold for approximately 2.55€ 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 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 -14.59% during the next 3 months and, with a 90% probability hold a price between 10.49€ and 12.74€ at the end of this 3-month period. 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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BAR.BB Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 23, 2024, and so far it has risen 4.72%. Further rise is indicated until a new top pivot has been found. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Barco NV stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 13.21€ and 14.77€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Barco NV stock
Barco NV finds support from accumulated volume at 12.98€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 0.200€ between high and low, or 1.55%. For the last week, the stock has had daily average volatility of 2.43%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BAR.BB) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Barco NV to open at 13.03€, and during the day (based on 14 day Average True Range), to move between 12.65€ and 13.51€, which gives a possible trading interval of +/-0.432€ (+/-3.31%) up or down from last closing price. If Barco NV takes out the full calculated possible swing range there will be an estimated 6.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 13.12€ (0.31%) than the support at 12.98€ (0.76%), 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 Barco NV stock A Buy?
Barco NV holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.412 Sell Candidate Unchanged
Predicted Opening Price for Barco NV of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| 13.03€ ( 0.357%) | 13.08€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BAR.BB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13.23 | 1.17 % | |
| R2 | 13.16 | 0.588 % | ||
| R1 | 13.11 | 0.227 % | ||
| Current price: | 13.08 | |||
| Support | S1 | 12.96 | -0.94 % | |
| S2 | 12.91 | -1.30 % | ||
| S3 | 12.83 | -1.89 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.16 | 15.90 % | |
| R2 | 14.74 | 12.69 % | ||
| R1 | 13.12 | 0.306 % | ||
| Current price | 13.08 | |||
| Support | S1 | 12.98 | -0.765% | |
| S2 | 12.80 | -2.14% | ||
| S3 | 12.49 | -4.51% |
BAR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 06, 2024 | May 06, 2024 | May 08, 2024 | 0.336€ | 0% |
| 2 | May 08, 2023 | May 08, 2023 | May 08, 2023 | 0.440€ | 0% |
| 3 | May 09, 2022 | May 09, 2022 | May 09, 2022 | 0.400€ | 0% |
| 4 | May 10, 2021 | May 10, 2021 | May 10, 2021 | 0.378€ | 0% |
| 5 | Mar 02, 2020 | May 11, 2020 | May 13, 2020 | 0.379€ | 0% |
FAQ
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