Sartorius Stedim Biotech S.A. Stock Forecast
Sartorius Stedim Biotech S.A. stock price ended at 194.00€ on Tuesday, after losing 0.84%.
(Updated on May 21, 2024)
The Sartorius Stedim Biotech S.A. stock price fell by -0.84% on the last day (Tuesday, 21st May 2024) from 195.65€ to 194.00€. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.35% from a day low at 193.65€ to a day high of 198.20€. The price has fallen in 7 of the last 10 days and is down by -6.82% for this period. Volume has increased on the last day by 13 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, 86 thousand shares were bought and sold for approximately 16.77€ million.
The stock lies in the middle of a very 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 -25.30% during the next 3 months and, with a 90% probability hold a price between 127.44€ and 171.43€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
DIM.PA Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Sartorius Stedim Biotech 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 202.89€ and 221.94€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -9.77%. Further fall is indicated until a new bottom pivot has been found. 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 Sartorius Stedim Biotech 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.
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 4.55€ (2.35%) between high and low. For the last week, the stock has had daily average volatility of 4.84%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DIM.PA) For The Upcoming Trading Day Of Wednesday 22nd
For the upcoming trading day on Wednesday, 22nd we expect Sartorius Stedim Biotech S.A. to open at 195.28€, and during the day (based on 14 day Average True Range), to move between 185.57€ and 202.43€, which gives a possible trading interval of +/-8.43€ (+/-4.34%) up or down from last closing price. If Sartorius Stedim Biotech S.A. takes out the full calculated possible swing range there will be an estimated 8.69% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 205.70€, some 11.70€ (6.03%) from the current price of 194.00€, our system finds the risk reward not very attractive.
Is Sartorius Stedim Biotech S.A. stock A Buy?
Sartorius Stedim Biotech S.A. holds several negative signals and is within a very 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: -1.431 Sell Candidate Unchanged
Predicted Opening Price for Sartorius Stedim Biotech S.A. of Wednesday, May 22, 2024
| Fair opening price May 22, 2024 | Current price |
|---|---|
| 195.28€ ( 0.662%) | 194.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DIM.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 199.83 | 3.01 % | |
| R2 | 198.10 | 2.11 % | ||
| R1 | 197.02 | 1.56 % | ||
| Current price: | 194.00 | |||
| Support | S1 | 193.55 | -0.234 % | |
| S2 | 192.47 | -0.788 % | ||
| S3 | 190.73 | -1.68 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 209.60 | 8.04 % | |
| R2 | 208.30 | 7.37 % | ||
| R1 | 205.70 | 6.03 % | ||
| Current price | 194.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
DIM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 02, 2024 | Apr 02, 2024 | Apr 04, 2024 | 0.690€ | 0.268% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | 1.44€ | 0.467% |
| 3 | Mar 31, 2022 | Mar 31, 2022 | Mar 31, 2022 | 1.26€ | 0.338% |
| 4 | Mar 28, 2022 | Mar 28, 2022 | Mar 28, 2022 | 1.26€ | 0.345% |
| 5 | Mar 29, 2021 | Mar 29, 2021 | Mar 29, 2021 | 0.680€ | 0.192% |
FAQ
Click here for our free guide on how to buy Sartorius Stedim Biotech S.A. Stock.
