Cliq Digital AG Stock Forecast
Evaluation of Cliq Digital AG stock downgraded after the last trading session.
(Updated on May 24, 2024)
The Cliq Digital AG stock price fell by -4.74% on the last day (Friday, 24th May 2024) from 9.07€ to 8.64€. During the last trading day the stock fluctuated 6.25% from a day low at 8.64€ to a day high of 9.18€. The price has been going up and down for this period, and there has been a -7.69% loss for the last 2 weeks. 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 -8 thousand shares and in total, 18 thousand shares were bought and sold for approximately 153.36€ thousand.
The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point (9.81€) are considered to be a "second chance" to get out. According to the fan-theory 5.29€ will represent the new bottom line of the next trend, but it is far too early to say this for certain.
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CLIQ.DE Signals & Forecast
There are few to no technical positive signals at the moment. The Cliq Digital AG 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 8.89€ and 12.77€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 06, 2024, and so far it has fallen -47.83%. 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 along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Cliq Digital AG 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.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved 0.540€ between high and low, or 6.25%. For the last week the stock has had daily average volatility of 4.35%.
Cliq Digital AG is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CLIQ.DE) For The Upcoming Trading Day Of Monday 27th
For the upcoming trading day on Monday, 27th we expect Cliq Digital AG to open at 8.82€, and during the day (based on 14 day Average True Range), to move between 7.74€ and 9.54€, which gives a possible trading interval of +/-0.90€ (+/-10.39%) up or down from last closing price. If Cliq Digital AG takes out the full calculated possible swing range there will be an estimated 20.77% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 8.65€, some 0.0100€ (0.12%) from the current price of 8.64€, our system finds the risk reward not very attractive.
Is Cliq Digital AG stock A Buy?
Cliq Digital AG holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.
Current score: -5.906 Strong Sell Candidate Downgraded
Predicted Opening Price for Cliq Digital AG of Monday, May 27, 2024
| Fair opening price May 27, 2024 | Current price |
|---|---|
| 8.82€ ( 2.08%) | 8.64€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CLIQ.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.36 | 8.33 % | |
| R2 | 9.15 | 5.95 % | ||
| R1 | 9.03 | 4.47 % | ||
| Current price: | 8.64 | |||
| Support | S1 | 8.61 | -0.304 % | |
| S2 | 8.49 | -1.78 % | ||
| S3 | 8.28 | -4.17 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.36 | 8.33 % | |
| R2 | 9.03 | 4.51 % | ||
| R1 | 8.65 | 0.116 % | ||
| Current price | 8.64 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
CLIQ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 05, 2024 | Apr 05, 2024 | Apr 15, 2024 | 0.0400€ | 0.273% |
| 2 | Apr 11, 2023 | Apr 11, 2023 | Apr 11, 2023 | 1.79€ | 6.07% |
| 3 | Apr 19, 2022 | Apr 19, 2022 | Apr 19, 2022 | 1.10€ | 3.97% |
| 4 | Apr 30, 2021 | Apr 30, 2021 | Apr 30, 2021 | 0.460€ | 1.30% |
| 5 | Jul 13, 2020 | Aug 24, 2020 | Aug 26, 2020 | 0.140€ | 1.22% |
FAQ
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