Caisse Régionale de Crédit Agricole Stock Forecast
Caisse Régionale de Crédit Agricole stock price up 0.97% on Friday
(Updated on Jun 21, 2024)
The Caisse Régionale de Crédit Agricole stock price gained 0.97% on the last trading day (Friday, 21st Jun 2024), rising from 69.82€ to 70.50€. During the last trading day the stock fluctuated 0.97% from a day low at 69.82€ to a day high of 70.50€. The price has fallen in 8 of the last 10 days and is down by -11.88% for this period. Volume fell on the last day by -760 shares and in total, 203 shares were bought and sold for approximately 14.31€ thousand. 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 lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 69.93€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 8.47% during the next 3 months and, with a 90% probability hold a price between 75.85€ and 90.47€ at the end of this 3-month period.
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CRTO.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 0.97%. 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 Caisse Régionale de Crédit Agricole 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 73.69€ and 76.84€. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Caisse Régionale de Crédit Agricole stock
Caisse Régionale de Crédit Agricole finds support from accumulated volume at 69.82€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.680€ between high and low, or 0.97%. For the last week the stock has had daily average volatility of 3.30%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CRTO.PA) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou to open at 70.27€, and during the day (based on 14 day Average True Range), to move between 68.79€ and 72.21€, which gives a possible trading interval of +/-1.71€ (+/-2.43%) up or down from last closing price. If Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou takes out the full calculated possible swing range there will be an estimated 4.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 69.82€ (0.96%) than the resistance at 75.00€ (6.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou stock A Buy?
The Caisse Régionale de Crédit Agricole stock holds several negative signals and despite the positive trend, we believe Caisse Régionale de Crédit Agricole will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.089 Sell Candidate Unchanged
Predicted Opening Price for Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| 70.27€ ( 0.322%) | 70.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CRTO.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 70.95 | 0.643% |
| R2 | 70.69 | 0.275% |
| R1 | 70.53 | 0.0469% |
| Price | 70.50 | |
| S1 | 70.01 | -0.690% |
| S2 | 69.85 | -0.92% |
| S3 | 69.59 | -1.29% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 76.50 | 8.51% |
| R2 | 75.50 | 7.09% |
| R1 | 75.00 | 6.38% |
| Price | 70.50 | |
| S1 | 69.82 | -0.96% |
| S2 | 69.50 | -1.42% |
| S3 | 68.31 | -3.11% |
CRTO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | Apr 23, 2024 | Apr 25, 2024 | 3.19€ | 4.17% |
| 2 | May 23, 2023 | May 23, 2023 | May 23, 2023 | 3.28€ | 4.26% |
| 3 | May 17, 2022 | May 17, 2022 | May 17, 2022 | 2.98€ | 4.03% |
| 4 | May 18, 2021 | May 18, 2021 | May 18, 2021 | 2.92€ | 2.82% |
| 5 | Apr 08, 2020 | Apr 14, 2020 | Apr 16, 2020 | 3.24€ | 2.89% |
FAQ
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