Banco di Desio e della Brianza S.p.A. Stock Forecast
Banco di Desio e della Brianza S.p.A. stock price up 1.07% on Tuesday
(Updated on Jun 18, 2024)
The Banco di Desio e della Brianza S.p.A. stock price gained 1.07% on the last trading day (Tuesday, 18th Jun 2024), rising from 4.68€ to 4.73€. During the last trading day the stock fluctuated 2.13% from a day low at 4.69€ to a day high of 4.79€. The price has fallen in 7 of the last 10 days and is down by -8.33% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 17 thousand more shares were traded than the day before. In total, 59 thousand shares were bought and sold for approximately 281.19€ thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 4.67€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.09% during the next 3 months and, with a 90% probability hold a price between 5.23€ and 6.16€ at the end of this 3-month period.
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BDB.MI Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 1.72%. Further rise is indicated until a new top pivot has been found. Banco di Desio e della Brianza S.p.A. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Banco di Desio e della Brianza S.p.A. 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 4.79€ and 4.98€. 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 Banco di Desio e della Brianza S.p.A. stock
Banco di Desio e della Brianza S.p.A. finds support from accumulated volume at 4.71€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.1000€ between high and low, or 2.13%. For the last week, the stock has had daily average volatility of 3.62%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BDB.MI) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Banco di Desio e della Brianza S.p.A. to open at 4.74€, and during the day (based on 14 day Average True Range), to move between 4.58€ and 4.88€, which gives a possible trading interval of +/-0.152€ (+/-3.22%) up or down from last closing price. If Banco di Desio e della Brianza S.p.A. takes out the full calculated possible swing range there will be an estimated 6.45% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 4.71€ (0.42%) than the resistance at 5.10€ (7.82%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Banco di Desio e della Brianza S.p.A. stock A Buy?
The Banco di Desio e della Brianza S.p.A. stock holds several negative signals and despite the positive trend, we believe Banco di Desio e della Brianza S.p.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.364 Sell Candidate Unchanged
Predicted Opening Price for Banco di Desio e della Brianza S.p.A. of Wednesday, June 19, 2024
| Fair opening price June 19, 2024 | Current price |
|---|---|
| 4.74€ ( 0.141%) | 4.73€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BDB.MI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.84 | 2.26% |
| R2 | 4.80 | 1.45% |
| R1 | 4.77 | 0.95% |
| Price | 4.73 | |
| S1 | 4.70 | -0.667% |
| S2 | 4.67 | -1.17% |
| S3 | 4.64 | -1.97% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.30 | 12.05% |
| R2 | 5.20 | 9.94% |
| R1 | 5.10 | 7.82% |
| Price | 4.73 | |
| S1 | 4.71 | -0.423% |
| S2 | 4.63 | -2.11% |
| S3 | 4.60 | -2.75% |
BDB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 22, 2024 | Apr 22, 2024 | Apr 24, 2024 | 0.263€ | 5.92% |
| 2 | May 08, 2023 | May 08, 2023 | May 08, 2023 | 0.197€ | 5.84% |
| 3 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | 0.137€ | 4.55% |
| 4 | Oct 11, 2021 | Oct 11, 2021 | Oct 11, 2021 | 0.0603€ | 1.91% |
| 5 | Apr 19, 2021 | Apr 19, 2021 | Apr 19, 2021 | 0.0679€ | 2.46% |
FAQ
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