Deutsche Effecten- und Stock Forecast

Stronger technical forecast for Deutsche Effecten- und stock price after Tuesday trading.
(Updated on Apr 23, 2024)

EFF.DE Signals & Forecast

There are mixed signals in the stock today. The Deutsche Effecten- und 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 0.539€ and 0.570€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Tuesday, April 02, 2024, and so far it has risen 4.00%. 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).

Support, Risk & Stop-loss for Deutsche Effecten- und stock

Deutsche Effecten- und finds support from accumulated volume at 0.515€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.0200€ between high and low, or 4.00%. For the last week the stock has had daily average volatility of 2.82%.

Our recommended stop-loss: 0.491€ (-5.66%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (EFF.DE) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG to open at 0.513€, and during the day (based on 14 day Average True Range), to move between 0.493€ and 0.547€, which gives a possible trading interval of +/-0.0271€ (+/-5.22%) up or down from last closing price. If Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG takes out the full calculated possible swing range there will be an estimated 10.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 0.515€ (0.96%) than the resistance at 0.535€ (2.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG stock A Buy?

Deutsche Effecten- und 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.935 Hold/Accumulate Upgraded

Predicted Opening Price for Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG of Wednesday, April 24, 2024

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