VINCI SA Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Monday for VINCI SA stock after gaining 1.14%
(Updated on May 27, 2024)
The VINCI SA stock price gained 1.14% on the last trading day (Monday, 27th May 2024), rising from 114.15€ to 115.45€. During the last trading day the stock fluctuated 1.09% from a day low at 114.30€ to a day high of 115.55€. The price has been going up and down for this period, and there has been a -0.3% loss for the last 2 weeks. Volume fell on the last day by -259 thousand shares and in total, 384 thousand shares were bought and sold for approximately 44.29€ million. 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 the upper part of a falling 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 115.89€ will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.37% during the next 3 months and, with a 90% probability hold a price between 103.86€ and 110.83€ 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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DG.PA Signals & Forecast
The VINCI 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 115.09€ and 113.47€. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 -0.99%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for VINCI SA stock
VINCI SA finds support from accumulated volume at 113.55€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 1.25€ (1.09%) between high and low. For the last week, the stock has had daily average volatility of 1.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DG.PA) For The Upcoming Trading Day Of Tuesday 28th
For the upcoming trading day on Tuesday, 28th we expect VINCI SA to open at 115.10€, and during the day (based on 14 day Average True Range), to move between 113.99€ and 116.91€, which gives a possible trading interval of +/-1.46€ (+/-1.27%) up or down from last closing price. If VINCI SA takes out the full calculated possible swing range there will be an estimated 2.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 115.60€ (0.13%) than the support at 113.55€ (1.65%), 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 VINCI SA stock A Buy?
VINCI SA 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: -1.527 Sell Candidate Unchanged
Predicted Opening Price for VINCI SA of Tuesday, May 28, 2024
| Fair opening price May 28, 2024 | Current price |
|---|---|
| 115.10€ ( 0.303%) | 115.45€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DG.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 116.35 | 0.780 % | |
| R2 | 115.87 | 0.366 % | ||
| R1 | 115.58 | 0.110 % | ||
| Current price: | 115.45 | |||
| Support | S1 | 114.62 | -0.717 % | |
| S2 | 114.33 | -0.97 % | ||
| S3 | 113.85 | -1.39 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 118.40 | 2.56 % | |
| R2 | 117.00 | 1.34 % | ||
| R1 | 115.60 | 0.130 % | ||
| Current price | 115.45 | |||
| Support | S1 | 113.55 | -1.65% | |
| S2 | 113.05 | -2.08% | ||
| S3 | 110.15 | -4.59% |
DG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | Apr 23, 2024 | Apr 25, 2024 | 3.45€ | 3.13% |
| 2 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | 3.00€ | 2.76% |
| 3 | Nov 15, 2022 | Nov 15, 2022 | Nov 15, 2022 | 1.00€ | 1.05% |
| 4 | Apr 26, 2022 | Apr 26, 2022 | Apr 26, 2022 | 2.25€ | 2.42% |
| 5 | Nov 16, 2021 | Nov 16, 2021 | Nov 16, 2021 | 0.650€ | 0.693% |
FAQ
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