D'Ieteren SA Stock Forecast
Weaker technical forecast for D'Ieteren SA as stock downgraded to Sell Candidate.
(Updated on Apr 30, 2024)
The D'Ieteren SA stock price fell by -0.88% on the last day (Tuesday, 30th Apr 2024) from 205.00€ to 203.20€. During the last trading day the stock fluctuated 1.58% from a day low at 202.40€ to a day high of 205.60€. The price has fallen in 5 of the last 10 days and is down by -0.2% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 37 thousand shares were bought and sold for approximately 7.42€ million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 199.49€ 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 20.92% during the next 3 months and, with a 90% probability hold a price between 241.22€ and 265.55€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
DIE.BB Signals & Forecast
There are few to no technical positive signals at the moment. The D'Ieteren SA stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 204.26€ and 203.42€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 08, 2024, and so far it has fallen -3.15%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
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 3.20€ between high and low, or 1.58%. For the last week the stock has had daily average volatility of 1.67%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DIE.BB) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect D'Ieteren SA to open at 203.73€, and during the day (based on 14 day Average True Range), to move between 199.34€ and 207.06€, which gives a possible trading interval of +/-3.86€ (+/-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 3.80% 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€ (1.28%) than the support at 197.00€ (3.05%), 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?
The D'Ieteren SA stock holds several negative signals and despite the positive trend, we believe D'Ieteren SA will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -4.688 Sell Candidate Downgraded
Predicted Opening Price for D'Ieteren SA of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| 203.73€ ( 0.262%) | 203.20€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DIE.BB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 206.93 | 1.84 % | |
| R2 | 205.71 | 1.24 % | ||
| R1 | 204.96 | 0.86 % | ||
| Current price: | 203.20 | |||
| Support | S1 | 202.51 | -0.339 % | |
| S2 | 201.76 | -0.711 % | ||
| S3 | 200.53 | -1.31 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 208.40 | 2.56 % | |
| R2 | 206.00 | 1.38 % | ||
| R1 | 205.80 | 1.28 % | ||
| Current price | 203.20 | |||
| Support | S1 | 197.00 | -3.05% | |
| S2 | 188.00 | -7.48% | ||
| S3 | 178.00 | -12.40% |
DIE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 11, 2024 | Jun 11, 2024 | Jun 11, 2024 | 0€ | 0% |
| 2 | Jun 06, 2023 | Jun 06, 2023 | Jun 06, 2023 | 3.00€ | 0% |
| 3 | Jun 07, 2022 | Jun 07, 2022 | Jun 07, 2022 | 2.10€ | 0% |
| 4 | Jun 01, 2021 | Jun 01, 2021 | Jun 01, 2021 | 1.35€ | 0% |
| 5 | Mar 06, 2020 | Jun 03, 2020 | Jun 05, 2020 | 1.00€ | 0% |
FAQ
Click here for our free guide on how to buy D'Ieteren SA Stock.
