RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EURN
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Euronav NV stock price down 0% on Tuesday
(Updated on Jul 23, 2024)

Hold candidate since Jul 16, 2024 PDF

No changes to the price of Euronav NV stock on the last trading day (Tuesday, 23rd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $16.31 to a day high of $16.31. The price has been going up and down for this period, and there has been a -4.06% loss for the last 2 weeks.

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 -9.05% during the next 3 months and, with a 90% probability hold a price between $12.99 and $17.94 at the end of this 3-month period.

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EURN Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, July 11, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Euronav NV 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 $16.31 and $16.35. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Euronav NV stock

Euronav NV finds support from accumulated volume at $16.08 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $15.29 (-6.28%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (EURN) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Euronav NV to open at $16.31, and during the day (based on 14 day Average True Range), to move between $16.03 and $16.59, which gives a possible trading interval of +/-$0.280 (+/-1.71%) up or down from last closing price. If Euronav NV takes out the full calculated possible swing range there will be an estimated 3.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.08 (1.41%) than the resistance at $17.00 (4.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Euronav NV stock A Buy?

Euronav NV holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Euronav NV of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$16.31 ( 0%) $16.31

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

Trading levels for EURN

Fibonacci Support & Resistance Levels

Level Price
R3 16.31 -
R2 16.31 -
R1 16.31 -
Price 16.31
S1 16.31 -
S2 16.31 -
S3 16.31 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 19.50 19.56%
R2 19.29 18.27%
R1 17.00 4.23%
Price 16.31
S1 16.08 -1.41%
S2 15.96 -2.15%
S3 15.09 -7.48%

EURN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 04, 2024 Jul 10, 2024 Jul 18, 2024 $0.240 1.48%
2 Jul 09, 2024 Jul 09, 2024 Jul 18, 2024 $1.07 6.59%
3 Apr 04, 2024 May 22, 2024 May 31, 2024 $0.190 1.12%
4 Nov 29, 2023 Dec 12, 2023 Dec 20, 2023 $0.399 2.27%
5 Aug 03, 2023 Sep 06, 2023 Sep 19, 2023 $0.80 4.94%

FAQ

What is the symbol for Euronav NV Stock and on which exchange is it traded?
The symbol for Euronav NV is EURN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Euronav NV Stock?
Euronav NV holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Euronav NV Stock?
Euronav NV Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Euronav NV Stock.

What's the current price of Euronav NV Stock?
As of the end of day on the Jul 23, 2024, the price of an Euronav NV (EURN) share was $16.31.

What is the 52-week high and low for Euronav NV Stock?
The 52-week high for Euronav NV Stock is $21.25 and the 52-week low is $14.10.

What is the market capitalization of Euronav NV Stock?
As of the Jul 23, 2024, the market capitalization of Euronav NV is 3.294B.

When is the next earnings date for Euronav NV?
The upcoming earnings date for Euronav NV is Aug 01, 2024.
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About Euronav NV

Euronav NV Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company also offers floating, storage, and offloading (FSO) services. As of April 1, 2022, it owned and operated a fleet of 72 vessels, including 6 chartered-in vessels with an aggregate carrying capacity of approximately 18.5 million deadweight tons consisting of 41 very large crude carriers, 2 V-plus, 27 Suezmax vessels, and 2 FSO v... EURN Profile

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