D'Ieteren SA Stock Forecast

Green day on Monday for D'Ieteren SA stock after gaining 0.787%
(Updated on Apr 29, 2024)

DIE.BB Signals & Forecast

The D'Ieteren 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 204.34€ and 203.07€. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, April 08, 2024, and so far it has fallen -2.29%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for D'Ieteren SA stock

D'Ieteren SA finds support from accumulated volume at 197.00€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 2.80€ between high and low, or 1.38%. For the last week the stock has had daily average volatility of 1.70%.

Our recommended stop-loss: 196.08€ (-4.35%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (DIE.BB) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect D'Ieteren SA to open at 204.60€, and during the day (based on 14 day Average True Range), to move between 201.10€ and 208.90€, which gives a possible trading interval of +/-3.90€ (+/-1.90%) up or down from last closing price. If D'Ieteren SA takes out the full calculated possible swing range there will be an estimated 3.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 205.80€ (0.39%) than the support at 197.00€ (3.90%), 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 D'Ieteren SA 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 D'Ieteren SA stock to perform well in the short-term.

Current score: 2.085 Buy Candidate Unchanged

Predicted Opening Price for D'Ieteren SA of Tuesday, April 30, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.