Eiffage SA Stock Forecast
Red day on Friday for Eiffage SA
(Updated on Jun 28, 2024)
The Eiffage SA stock price fell by -1.11% on the last day (Friday, 28th Jun 2024) from 86.72€ to 85.76€. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.26% from a day low at 85.76€ to a day high of 86.84€. The price has been going up and down for this period, and there has been a 0.94% gain for the last 2 weeks. Volume has increased on the last day by 128 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, 428 thousand shares were bought and sold for approximately 36.72€ million.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 82.98€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.86% during the next 3 months and, with a 90% probability hold a price between 73.97€ and 89.73€ at the end of this 3-month period.
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FGR.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.94%. 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 Eiffage SA 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 88.44€ and 96.69€. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Eiffage SA stock
Eiffage SA finds support from accumulated volume at 84.96€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 1.08€ between high and low, or 1.26%. For the last week, the stock has had daily average volatility of 1.69%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FGR.PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Eiffage SA to open at 86.12€, and during the day (based on 14 day Average True Range), to move between 83.77€ and 87.75€, which gives a possible trading interval of +/-1.99€ (+/-2.32%) up or down from last closing price. If Eiffage SA takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 84.96€ (0.93%) than the resistance at 88.54€ (3.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Eiffage SA stock A Buy?
Eiffage SA holds several negative signals and is within a 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: -3.423 Sell Candidate Unchanged
Predicted Opening Price for Eiffage SA of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 86.12€ ( 0.420%) | 85.76€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FGR.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 87.20 | 1.68% |
| R2 | 86.79 | 1.20% |
| R1 | 86.53 | 0.90% |
| Price | 85.76 | |
| S1 | 85.71 | -0.0613% |
| S2 | 85.45 | -0.358% |
| S3 | 85.04 | -0.84% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 94.14 | 9.77% |
| R2 | 90.84 | 5.92% |
| R1 | 88.54 | 3.24% |
| Price | 85.76 | |
| S1 | 84.96 | -0.93% |
| S2 | 0 | - |
| S3 | 0 | - |
FGR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 20, 2024 | May 22, 2024 | 4.10€ | 4.04% |
| 2 | May 15, 2023 | May 15, 2023 | May 15, 2023 | 3.60€ | 3.50% |
| 3 | May 16, 2022 | May 16, 2022 | May 16, 2022 | 3.10€ | 3.38% |
| 4 | May 17, 2021 | May 17, 2021 | May 17, 2021 | 3.00€ | 3.32% |
| 5 | May 18, 2020 | May 18, 2020 | May 18, 2020 | 2.80€ | 3.56% |
FAQ
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