S.T. Dupont S.A. Stock Forecast
S.T. Dupont S.A. stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Apr 26, 2024)
The S.T. Dupont S.A. stock price fell by -2.35% on the last day (Friday, 26th Apr 2024) from 0.0596€ to 0.0582€. During the last trading day the stock fluctuated 2.41% from a day low at 0.0582€ to a day high of 0.0596€. The price has risen in 6 of the last 10 days and is up by 17.81% over the past 2 weeks. 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, 21 thousand shares were bought and sold for approximately 1.24€ thousand.
The stock lies the upper part of a very wide and 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 0.0596€ 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 -21.31% during the next 3 months and, with a 90% probability hold a price between 0.0368€ and 0.0469€ 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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DPT.PA Signals & Forecast
The S.T. Dupont S.A. 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 0.0576€ and 0.0573€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 12, 2024, and so far it has risen 17.81%. Further rise is indicated until a new top pivot has been found. 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. S.T. Dupont S.A. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for S.T. Dupont S.A. stock
On the downside, the stock finds support just below today's level from accumulated volume at 0.0542€ and 0.0540€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, S.T. Dupont S.A. finds support just below today's level at 0.0542€. If this is broken, then the next support from accumulated volume will be at 0.0540€ and 0.0538€.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.0014€ between high and low, or 2.41%. For the last week, the stock has had daily average volatility of 7.33%.
Our recommended stop-loss: 0.0566€ (-2.68%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (DPT.PA) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect S.T. Dupont S.A. to open at 0.0587€, and during the day (based on 14 day Average True Range), to move between 0.0547€ and 0.0617€, which gives a possible trading interval of +/-0.0035€ (+/-5.93%) up or down from last closing price. If S.T. Dupont S.A. takes out the full calculated possible swing range there will be an estimated 11.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 0.0590€ (1.37%) than the support at 0.0542€ (6.87%), 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 S.T. Dupont S.A. stock A Buy?
S.T. Dupont S.A. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. 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 Hold/Accumulate candidate.
Current score: 0.693 Hold/Accumulate Downgraded
Predicted Opening Price for S.T. Dupont S.A. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 0.0587€ ( 0.80%) | 0.0582€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DPT.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0601 | 3.21 % | |
| R2 | 0.0595 | 2.29 % | ||
| R1 | 0.0592 | 1.72 % | ||
| Current price: | 0.0582 | |||
| Support | S1 | 0.0581 | -0.117 % | |
| S2 | 0.0578 | -0.685 % | ||
| S3 | 0.0573 | -1.60 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0634 | 8.93 % | |
| R2 | 0.0592 | 1.72 % | ||
| R1 | 0.0590 | 1.37 % | ||
| Current price | 0.0582 | |||
| Support | S1 | 0.0542 | -6.87% | |
| S2 | 0.0540 | -7.22% | ||
| S3 | 0.0538 | -7.56% |
DPT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 30, 2014 | Sep 16, 2014 | Sep 19, 2014 | 0.0034€ | 1.48% |
| 2 | May 30, 2002 | Oct 01, 2002 | Oct 01, 2002 | 0.100€ | 2.27% |
| 3 | Jul 20, 2001 | Oct 01, 2001 | Oct 01, 2001 | 0.100€ | 1.46% |
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