DSV A/S Stock Forecast
DSV A/S stock price ended at kr1,018.50 on Wednesday, after gaining 0.197%.
(Updated on May 08, 2024)
The DSV A/S stock price gained 0.197% on the last trading day (Wednesday, 8th May 2024), rising from kr1,016.50 to kr1,018.50. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.04% from a day low at kr1,009.50 to a day high of kr1,020.00. The price has been going up and down for this period, and there has been a -0.1% loss for the last 2 weeks. Volume fell on the last day by -94 thousand shares and in total, 316 thousand shares were bought and sold for approximately kr321.89 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 in the middle of a 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 -8.49% during the next 3 months and, with a 90% probability hold a price between kr892.43 and kr1,027.01 at the end of this 3-month period.
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DSV.CO Signals & Forecast
There are mixed signals in the stock today. The DSV A/S stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at kr1,078.07. On a fall, the stock will find some support from the short-term average at kr998.29. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 3.70%. Further rise is indicated until a new top pivot has been found. 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.
Support, Risk & Stop-loss for DSV A/S stock
DSV A/S finds support from accumulated volume at kr1,016.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 kr10.50 between high and low, or 1.04%. For the last week, the stock has had daily average volatility of 1.42%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DSV.CO) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect DSV A/S to open at kr1,016.00, and during the day (based on 14 day Average True Range), to move between kr993.91 and kr1,043.09, which gives a possible trading interval of +/-kr24.59 (+/-2.41%) up or down from last closing price. If DSV A/S takes out the full calculated possible swing range there will be an estimated 4.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr1,019.50 (0.10%) than the support at kr1,016.00 (0.25%), 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 DSV A/S stock A Buy?
DSV A/S 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: -2.563 Sell Candidate Unchanged
Predicted Opening Price for DSV A/S of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| kr1,016.00 ( 0.245%) | kr1,018.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DSV.CO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,026.50 | 0.785 % | |
| R2 | 1,022.49 | 0.392 % | ||
| R1 | 1,020.01 | 0.148 % | ||
| Current price: | 1,018.50 | |||
| Support | S1 | 1,011.99 | -0.639 % | |
| S2 | 1,009.51 | -0.88 % | ||
| S3 | 1,005.50 | -1.28 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,106.00 | 8.59 % | |
| R2 | 1,095.00 | 7.51 % | ||
| R1 | 1,019.50 | 0.0982 % | ||
| Current price | 1,018.50 | |||
| Support | S1 | 1,016.00 | -0.245% | |
| S2 | 997.80 | -2.03% | ||
| S3 | 988.00 | -2.99% |
DSV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2024 | Mar 15, 2024 | Mar 19, 2024 | kr7.00 | 0.666% |
| 2 | Mar 17, 2023 | Mar 17, 2023 | Mar 17, 2023 | kr6.50 | 0.521% |
| 3 | Mar 18, 2022 | Mar 18, 2022 | Mar 18, 2022 | kr5.50 | 0.407% |
| 4 | Mar 16, 2021 | Mar 16, 2021 | Mar 16, 2021 | kr4.00 | 0.341% |
| 5 | Feb 16, 2021 | Feb 16, 2021 | Feb 16, 2021 | kr4.00 | 0.353% |
FAQ
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