Compagnie des Alpes SA Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Compagnie des Alpes SA stock upgraded to Strong Buy Candidate.
(Updated on May 17, 2024)
The Compagnie des Alpes SA stock price gained 2.32% on the last trading day (Friday, 17th May 2024), rising from 14.66€ to 15.00€. During the last trading day the stock fluctuated 3.97% from a day low at 14.62€ to a day high of 15.20€. The price has risen in 7 of the last 10 days and is up by 6.69% 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, 53 thousand more shares were traded than the day before. In total, 82 thousand shares were bought and sold for approximately 1.22€ million.
The stock has broken the wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at 14.34€, a level that may pose a second chance to hit a runner. According to fan-theory 15.70€ will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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CDA.PA Signals & Forecast
Mostly positive signals in the chart today. The Compagnie des Alpes 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 14.67€ and 13.73€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 17.92%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Compagnie des Alpes SA 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.
Support, Risk & Stop-loss for Compagnie des Alpes SA stock
On the downside, the stock finds support just below today's level from accumulated volume at 14.10€ and 13.52€. 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, Compagnie des Alpes SA finds support just below today's level at 14.10€. If this is broken, then the next support from accumulated volume will be at 13.52€ and 13.24€.
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 0.580€ between high and low, or 3.97%. For the last week, the stock has had daily average volatility of 2.14%.
Our recommended stop-loss: 14.21€ (-5.24%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (CDA.PA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Compagnie des Alpes SA to open at 14.94€, and during the day (based on 14 day Average True Range), to move between 14.68€ and 15.32€, which gives a possible trading interval of +/-0.323€ (+/-2.16%) up or down from last closing price. If Compagnie des Alpes SA takes out the full calculated possible swing range there will be an estimated 4.31% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 14.10€, some 0.90€ (6.00%) from the current price of 15.00€, our system finds the risk reward attractive.
Is Compagnie des Alpes SA stock A Buy?
Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Compagnie des Alpes 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 Buy to a Strong Buy candidate.
Current score: 6.020 Strong Buy Candidate Upgraded
Predicted Opening Price for Compagnie des Alpes SA of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 14.94€ ( 0.400%) | 15.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CDA.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.52 | 3.47 % | |
| R2 | 15.30 | 1.99 % | ||
| R1 | 15.16 | 1.08 % | ||
| Current price: | 15.00 | |||
| Support | S1 | 14.72 | -1.88 % | |
| S2 | 14.58 | -2.79 % | ||
| S3 | 14.36 | -4.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 15.00 | |||
| Support | S1 | 14.10 | -6.00% | |
| S2 | 13.52 | -9.87% | ||
| S3 | 13.24 | -11.73% |
CDA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 20, 2024 | Mar 20, 2024 | Mar 22, 2024 | 0.91€ | 7.04% |
| 2 | Mar 14, 2023 | Mar 14, 2023 | Mar 14, 2023 | 0.83€ | 6.34% |
| 3 | Dec 10, 2019 | Mar 10, 2020 | Mar 12, 2020 | 0.497€ | 4.02% |
| 4 | Dec 11, 2018 | Mar 12, 2019 | Mar 14, 2019 | 0.461€ | 2.73% |
| 5 | Dec 12, 2017 | Mar 13, 2018 | Mar 15, 2018 | 0.355€ | 1.65% |
FAQ
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