Clariane Se Stock Forecast
Clariane Se stock price ended at 2.09€ on Wednesday, after gaining 1.85%.
(Updated on Jun 19, 2024)
The Clariane Se stock price gained 1.85% on the last trading day (Wednesday, 19th Jun 2024), rising from 2.05€ to 2.09€. During the last trading day the stock fluctuated 6.26% from a day low at 1.98€ to a day high of 2.10€. The price has fallen in 6 of the last 10 days and is down by -41.78% for this period. Volume fell on the last day by -232 thousand shares and in total, 647 thousand shares were bought and sold for approximately 1.35€ 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 very 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 -37.29% during the next 3 months and, with a 90% probability hold a price between 1.12€ and 1.78€ 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
A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has risen 1.85%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 2.55€ and 3.18€. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
A buy signal from a double bottom formation was found on Tuesday, June 18, 2024 and based on theory for this formation the price should go up by 8.80% to 2.27€ within 2 trading days since signal was issued (Thursday, June 20, 2024).
Support, Risk & Stop-loss for Clariane Se stock
Clariane Se finds support from accumulated volume at 2.05€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.124€ between high and low, or 6.26%. For the last week the stock has had daily average volatility of 12.95%
Our recommended stop-loss: 1.98€ (-5.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (CLARI.PA) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Clariane Se to open at 2.06€, and during the day (based on 14 day Average True Range), to move between 1.77€ and 2.41€, which gives a possible trading interval of +/-0.316€ (+/-15.14%) up or down from last closing price. If Clariane Se takes out the full calculated possible swing range there will be an estimated 30.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 2.05€ (1.72%) than the resistance at 2.16€ (3.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
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 Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| 2.06€ ( 1.53%) | 2.09€ |
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 | 2.18 | 4.40% |
| R2 | 2.13 | 2.14% |
| R1 | 2.11 | 0.735% |
| Price | 2.09 | |
| S1 | 2.01 | -3.80% |
| S2 | 1.98 | -5.20% |
| S3 | 1.93 | -7.46% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 2.16 | 3.44% |
| Price | 2.09 | |
| S1 | 2.05 | -1.72% |
| S2 | 2.05 | -1.82% |
| 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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