bioMérieux S.A. Stock Forecast
Green day on Friday for bioMérieux S.A.
(Updated on May 24, 2024)
The bioMérieux S.A. stock price gained 1.00% on the last trading day (Friday, 24th May 2024), rising from 94.70€ to 95.65€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.77% from a day low at 94.00€ to a day high of 96.60€. The price has been going up and down for this period, and there has been a -3.68% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 112 thousand shares were bought and sold for approximately 10.75€ million.
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 -4.46% during the next 3 months and, with a 90% probability hold a price between 88.28€ and 99.04€ at the end of this 3-month period.
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BIM.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, May 21, 2024, and so far it has risen 1.43%. Further rise is indicated until a new top pivot has been found. 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. The bioMérieux S.A. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 99.23€. On a fall, the stock will find some support from the short-term average at 95.18€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Tuesday, August 22, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, August 22, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for bioMérieux S.A. stock
bioMérieux S.A. finds support from accumulated volume at 95.25€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 2.60€ (2.77%) between high and low. For the last week, the stock has had daily average volatility of 1.98%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BIM.PA) For The Upcoming Trading Day Of Monday 27th
For the upcoming trading day on Monday, 27th we expect bioMérieux S.A. to open at 95.42€, and during the day (based on 14 day Average True Range), to move between 93.54€ and 97.76€, which gives a possible trading interval of +/-2.11€ (+/-2.21%) up or down from last closing price. If bioMérieux S.A. takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 95.25€ (0.42%) than the resistance at 100.35€ (4.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is bioMérieux S.A. stock A Buy?
bioMérieux S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.025 Sell Candidate Unchanged
Predicted Opening Price for bioMérieux S.A. of Monday, May 27, 2024
Fair opening price May 27, 2024 | Current price |
---|---|
95.42€ ( 0.244%) | 95.65€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BIM.PA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 98.02 | 2.47 % | |
R2 | 97.02 | 1.44 % | ||
R1 | 96.41 | 0.794 % | ||
Current price: | 95.65 | |||
Support | S1 | 94.42 | -1.28 % | |
S2 | 93.81 | -1.92 % | ||
S3 | 92.82 | -2.96 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 101.50 | 6.12 % | |
R2 | 100.60 | 5.18 % | ||
R1 | 100.35 | 4.91 % | ||
Current price | 95.65 | |||
Support | S1 | 95.25 | -0.418% | |
S2 | 95.10 | -0.575% | ||
S3 | 94.40 | -1.31% |
BIM Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 07, 2024 | Jun 07, 2024 | Jun 11, 2024 | 0.85€ | 0.88% |
2 | Jun 06, 2023 | Jun 06, 2023 | Jun 06, 2023 | 0.85€ | 0.89% |
3 | Jun 06, 2022 | Jun 06, 2022 | Jun 06, 2022 | 0.85€ | 0.89% |
4 | Jun 04, 2021 | Jun 04, 2021 | Jun 04, 2021 | 0.620€ | 0.678% |
5 | Feb 26, 2020 | Jul 14, 2020 | Jul 16, 2020 | 0.190€ | 0.144% |
FAQ
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