Compagnie du Bois Sauvage SA Stock Forecast
Compagnie du Bois Sauvage SA stock price down 0% on Thursday
(Updated on May 16, 2024)
No changes to the price of Compagnie du Bois Sauvage SA stock on the last trading day (Thursday, 16th May 2024). During the last trading day the stock fluctuated 0% from a day low at 268.00€ to a day high of 268.00€. The price has risen in 5 of the last 10 days and is up by 5.93% over the past 2 weeks.
The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 268.15€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 3.50% during the next 3 months and, with a 90% probability hold a price between 255.77€ and 277.52€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
COMB.BB Signals & Forecast
The Compagnie du Bois Sauvage 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 264.57€ and 255.63€. 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 Wednesday, May 15, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Compagnie du Bois Sauvage SA stock
Compagnie du Bois Sauvage SA finds support from accumulated volume at 266.00€ 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 1.53%
Our recommended stop-loss: 258.19€ (-3.66%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (COMB.BB) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Compagnie du Bois Sauvage SA to open at 268.00€, and during the day (based on 14 day Average True Range), to move between 262.89€ and 273.11€, which gives a possible trading interval of +/-5.11€ (+/-1.91%) up or down from last closing price. If Compagnie du Bois Sauvage SA takes out the full calculated possible swing range there will be an estimated 3.82% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 266.00€, some 2.00€ (0.75%) from the current price of 268.00€, our system finds the risk reward attractive.
Is Compagnie du Bois Sauvage SA stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Compagnie du Bois Sauvage SA stock to perform well in the short-term.
Current score: 2.906 Buy Candidate Unchanged
Predicted Opening Price for Compagnie du Bois Sauvage SA of Friday, May 17, 2024
Fair opening price May 17, 2024 | Current price |
---|---|
268.00€ ( 0%) | 268.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for COMB.BB
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 268.00 | . | |
R2 | 268.00 | . | ||
R1 | 268.00 | . | ||
Current price: | 268.00 | |||
Support | S1 | 268.00 | . | |
S2 | 268.00 | . | ||
S3 | 268.00 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 268.00 | |||
Support | S1 | 266.00 | -0.746% | |
S2 | 251.00 | -6.34% | ||
S3 | 245.00 | -8.58% |
COMB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 02, 2024 | May 02, 2024 | May 06, 2024 | 5.74€ | 0% |
2 | May 02, 2023 | May 02, 2023 | May 02, 2023 | 8.00€ | 0% |
3 | May 03, 2022 | May 03, 2022 | May 03, 2022 | 7.90€ | 0% |
4 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 7.80€ | 0% |
5 | Mar 02, 2020 | May 04, 2020 | May 06, 2020 | 7.80€ | 0% |
FAQ
Click here for our free guide on how to buy Compagnie du Bois Sauvage SA Stock.