DATA MODUL Aktiengesellschaft, Stock Forecast
Red day on Tuesday for DATA MODUL Aktiengesellschaft, stock after losing 0%
(Updated on May 28, 2024)
No changes to the price of DATA MODUL Aktiengesellschaft, stock on the last trading day (Tuesday, 28th May 2024). During the last trading day the stock fluctuated 1.88% from a day low at 32.00€ to a day high of 32.60€. The price has fallen in 5 of the last 10 days and is down by -2.98% for this period.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -16.80% during the next 3 months and, with a 90% probability hold a price between 26.64€ and 28.51€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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DAM.DE Signals & Forecast
There are mixed signals in the stock today. The DATA MODUL Aktiengesellschaft, 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 32.77€ and 34.69€. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Tuesday, May 21, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point".
Support, Risk & Stop-loss for DATA MODUL Aktiengesellschaft, 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 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 0.600€ between high and low, or 1.88%. For the last week, the stock has had daily average volatility of 0.99%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DAM.DE) For The Upcoming Trading Day Of Wednesday 29th
For the upcoming trading day on Wednesday, 29th we expect DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen to open at 32.40€, and during the day (based on 14 day Average True Range), to move between 31.94€ and 33.26€, which gives a possible trading interval of +/-0.658€ (+/-2.02%) up or down from last closing price. If DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen takes out the full calculated possible swing range there will be an estimated 4.04% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 33.20€, some 0.600€ (1.84%) from the current price of 32.60€, our system finds the risk reward not very attractive.
Is DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen stock A Buy?
DATA MODUL Aktiengesellschaft, holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.695 Sell Candidate Unchanged
Predicted Opening Price for DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen of Wednesday, May 29, 2024
| Fair opening price May 29, 2024 | Current price |
|---|---|
| 32.40€ ( 0.613%) | 32.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DAM.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 33.00 | 1.23 % | |
| R2 | 32.77 | 0.524 % | ||
| R1 | 32.63 | 0.0896 % | ||
| Current price: | 32.60 | |||
| Support | S1 | 32.17 | -1.32 % | |
| S2 | 32.03 | -1.75 % | ||
| S3 | 31.80 | -2.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 37.20 | 14.11 % | |
| R2 | 35.60 | 9.20 % | ||
| R1 | 33.20 | 1.84 % | ||
| Current price | 32.60 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
DAM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | May 13, 2024 | 2.00€ | 6.02% |
| 2 | May 10, 2023 | May 10, 2023 | May 10, 2023 | 0.120€ | 0.188% |
| 3 | May 11, 2022 | May 11, 2022 | May 11, 2022 | 0.120€ | 0.211% |
| 4 | May 07, 2021 | May 07, 2021 | May 07, 2021 | 0.120€ | 0.255% |
| 5 | Mar 27, 2020 | May 13, 2020 | May 15, 2020 | 0.120€ | 0.308% |
FAQ
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