Caisse Régionale de Crédit Agricole Stock Forecast
Stronger technical forecast for Caisse Régionale de Crédit Agricole stock price after Thursday trading.
(Updated on May 09, 2024)
The Caisse Régionale de Crédit Agricole stock price fell by -0.609% on the last day (Thursday, 9th May 2024) from 80.49€ to 80.00€. During the last trading day the stock fluctuated 0% from a day low at 80.00€ to a day high of 80.00€. The price has risen in 7 of the last 10 days and is up by 10.5% over the past 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 -335 shares and in total, 29 shares were bought and sold for approximately 2.32€ thousand.
The stock lies in the upper part of a wide and 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 80.57€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 6.40% during the next 3 months and, with a 90% probability hold a price between 76.05€ and 85.73€ at the end of this 3-month period.
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CRAP.PA Signals & Forecast
The Caisse Régionale de Crédit Agricole 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 77.47€ and 72.92€. 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 08, 2024, and so far it has fallen -0.609%. Further fall is indicated until a new bottom pivot has been found. 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. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Thursday, April 25, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, April 25, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Caisse Régionale de Crédit Agricole stock
On the downside, the stock finds support just below today's level from accumulated volume at 73.50€ and 72.53€. 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, Caisse Régionale de Crédit Agricole finds support just below today's level at 73.50€. If this is broken, then the next support from accumulated volume will be at 72.53€ and 70.50€.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. 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 0.98%.
Our recommended stop-loss: 76.84€ (-3.95%) (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 (CRAP.PA) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Caisse Régionale de Crédit Agricole Mutuel Alpes Provence to open at 80.00€, and during the day (based on 14 day Average True Range), to move between 78.74€ and 81.26€, which gives a possible trading interval of +/-1.26€ (+/-1.57%) up or down from last closing price. If Caisse Régionale de Crédit Agricole Mutuel Alpes Provence takes out the full calculated possible swing range there will be an estimated 3.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 80.49€ (0.61%) than the support at 73.50€ (8.13%), 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 Caisse Régionale de Crédit Agricole Mutuel Alpes Provence 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 Caisse Régionale de Crédit Agricole stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.223 Buy Candidate Upgraded
Predicted Opening Price for Caisse Régionale de Crédit Agricole Mutuel Alpes Provence of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| 80.00€ ( 0%) | 80.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CRAP.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 80.00 | . | |
| R2 | 80.00 | . | ||
| R1 | 80.00 | . | ||
| Current price: | 80.00 | |||
| Support | S1 | 80.00 | . | |
| S2 | 80.00 | . | ||
| S3 | 80.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 80.49 | 0.612 % | ||
| Current price | 80.00 | |||
| Support | S1 | 73.50 | -8.13% | |
| S2 | 72.53 | -9.34% | ||
| S3 | 70.50 | -11.88% |
CRAP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 19, 2024 | Apr 19, 2024 | Apr 23, 2024 | 3.72€ | 5.23% |
| 2 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | 4.07€ | 5.64% |
| 3 | Apr 21, 2023 | Apr 21, 2023 | Apr 21, 2023 | 4.07€ | 5.58% |
| 4 | Apr 22, 2022 | Apr 22, 2022 | Apr 22, 2022 | 3.31€ | 4.47% |
| 5 | Apr 22, 2021 | Apr 22, 2021 | Apr 22, 2021 | 1.63€ | 1.81% |
FAQ
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