Dexxos Participações S.A. Stock Forecast
Dexxos Participações S.A. stock price down 0% on Monday
(Updated on Jun 17, 2024)
No changes to the price of Dexxos Participações S.A. stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at R$10.03 to a day high of R$10.03. The price has fallen in 6 of the last 10 days and is down by -4.57% for this period.
The stock lies in the middle of a wide and 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 -14.51% during the next 3 months and, with a 90% probability hold a price between R$7.82 and R$9.45 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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DEXP3.SA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has fallen 0%. 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 Dexxos Participações S.A. 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 R$10.19 and R$10.58. 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 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 Dexxos Participações S.A. 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.
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 R$0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.12%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DEXP3.SA) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Dexxos Participações S.A. to open at R$10.03, and during the day (based on 14 day Average True Range), to move between R$9.72 and R$10.34, which gives a possible trading interval of +/-R$0.309 (+/-3.08%) up or down from last closing price. If Dexxos Participações S.A. takes out the full calculated possible swing range there will be an estimated 6.16% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ R$11.10, some R$1.07 (10.67%) from the current price of R$10.03, our system finds the risk reward not very attractive.
Is Dexxos Participações S.A. stock A Buy?
Dexxos Participações S.A. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.523 Sell Candidate Unchanged
Predicted Opening Price for Dexxos Participações S.A. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| R$10.03 ( 0%) | R$10.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DEXP3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.03 | - |
| R2 | 10.03 | - |
| R1 | 10.03 | - |
| Price | 10.03 | |
| S1 | 10.03 | - |
| S2 | 10.03 | - |
| S3 | 10.03 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.35 | 13.16% |
| R2 | 11.13 | 10.97% |
| R1 | 11.10 | 10.67% |
| Price | 10.03 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
DEXP3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2024 | Apr 30, 2024 | Dec 01, 2024 | R$0.388 | 3.85% |
| 2 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | R$0.122 | 1.04% |
| 3 | May 02, 2023 | May 02, 2023 | May 02, 2023 | R$0.0895 | 1.05% |
| 4 | Apr 29, 2022 | Apr 29, 2022 | Apr 29, 2022 | R$0.385 | 5.65% |
| 5 | Apr 29, 2021 | Apr 29, 2021 | Apr 29, 2021 | R$0.280 | 2.95% |
FAQ
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