Convatec Group Stock Forecast

Buy or Hold candidate since Jul 24, 2026 Gain 5.13%

The ConvaTec Group plc stock price fell by -2.38% on the last day (Friday, 31st Jul 2026) from $12.60 to $12.30. During the last trading day the stock fluctuated 1.53% from a day low at $12.12 to a day high of $12.30. The price has risen in 7 of the last 10 days and is up by 6.13% over the past 2 weeks. Volume has increased on the last day by 9 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 22 thousand shares were bought and sold for approximately $273.15 thousand.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.60% during the next 3 months and, with a 90% probability hold a price between $11.94 and $13.57 at the end of this 3-month period.

CNVVY Signals & Forecast

The ConvaTec Group plc 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 $12.05 and $11.45. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 30, 2026, and so far it has fallen -2.38%. Further fall is indicated until a new bottom pivot has been found. ConvaTec Group plc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for ConvaTec Group plc stock

On the downside, the stock finds support just below today's level from accumulated volume at $11.59 and $11.37. 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, ConvaTec Group plc finds support just below today's level at $11.59. If this is broken, then the next support from accumulated volume will be at $11.37 and $11.09.

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 $0.185 between high and low, or 1.53%. For the last week, the stock has had daily average volatility of 1.56%.

Our recommended stop-loss: $11.87 (-3.50%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (CNVVY) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect ConvaTec Group plc to open at $12.24, and during the day (based on 14 day Average True Range), to move between $12.17 and $12.43, which gives a possible trading interval of +/-$0.260 (+/-2.14%) up or down from last closing price. If ConvaTec Group plc takes out the full calculated possible swing range there will be an estimated 2.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.34 (0.33%) than the support at $11.59 (5.77%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ConvaTec Group plc stock A Buy?

ConvaTec Group plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold candidate.

Current score: 0.245 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $12.24 ( 0.501%).

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