Clariane Se Stock Forecast
High volatility in Clariane Se stock price on Tuesday which ended trading at 2.05€
(Updated on Jun 18, 2024)
The Clariane Se stock price fell by -5.09% on the last day (Tuesday, 18th Jun 2024) from 2.16€ to 2.05€. During the last trading day the stock fluctuated 10.07% from a day low at 2.03€ to a day high of 2.23€. The price has fallen in 6 of the last 10 days and is down by -41.17% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -386 thousand shares and in total, 879 thousand shares were bought and sold for approximately 1.80€ million.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 1.88€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -34.06% during the next 3 months and, with a 90% probability hold a price between 1.24€ and 1.95€ 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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CLARI.PA Signals & Forecast
There are few to no technical positive signals at the moment. The Clariane Se 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 2.74€ and 3.24€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen -5.09%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Clariane Se stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 0.204€ between high and low, or 10.07%. For the last week the stock has had daily average volatility of 13.27%.
Clariane Se is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: 1.92€ (-6.35%) (This stock has low daily movements and this gives low risk. Low RSI14 is 24 which reduces the risk some. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (CLARI.PA) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Clariane Se to open at 2.10€, and during the day (based on 14 day Average True Range), to move between 1.72€ and 2.38€, which gives a possible trading interval of +/-0.331€ (+/-16.14%) up or down from last closing price. If Clariane Se takes out the full calculated possible swing range there will be an estimated 32.29% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 2.05€, some 0.0020€ (0.10%) from the current price of 2.05€, our system finds the risk reward not very attractive.
Is Clariane Se stock A Buy?
Clariane Se holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Clariane Se of Wednesday, June 19, 2024
| Fair opening price June 19, 2024 | Current price |
|---|---|
| 2.10€ ( 2.47%) | 2.05€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CLARI.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.31 | 12.41% |
| R2 | 2.23 | 8.61% |
| R1 | 2.18 | 6.27% |
| Price | 2.05 | |
| S1 | 2.02 | -1.33% |
| S2 | 1.98 | -3.67% |
| S3 | 1.90 | -7.47% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 2.16 | 5.36% |
| R1 | 2.05 | 0.0975% |
| Price | 2.05 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
CLARI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 21, 2023 | Jun 21, 2023 | Jul 13, 2023 | 0.250€ | 6.14% |
FAQ
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