Société Foncière Lyonnaise SA Stock Forecast
Red day on Friday for Société Foncière Lyonnaise SA
(Updated on May 31, 2024)
The Société Foncière Lyonnaise SA stock price fell by -0.297% on the last day (Friday, 31st May 2024) from 67.40€ to 67.20€. During the last trading day the stock fluctuated 0.597% from a day low at 67.00€ to a day high of 67.40€. The price has fallen in 5 of the last 10 days and is down by -1.47% for this period. Volume has increased on the last day by 437 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, 486 shares were bought and sold for approximately 32.66€ thousand.
The stock lies in the middle of a 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 -3.86% during the next 3 months and, with a 90% probability hold a price between 61.89€ and 65.29€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
FLY.PA Signals & Forecast
There are few to no technical positive signals at the moment. The Société Foncière Lyonnaise 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 67.23€ and 67.30€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 16, 2024, and so far it has fallen -1.75%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Société Foncière Lyonnaise SA 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 Société Foncière Lyonnaise SA stock
Société Foncière Lyonnaise SA finds support from accumulated volume at 67.00€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.400€ between high and low, or 0.597%. For the last week the stock has had daily average volatility of 0.776%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FLY.PA) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Société Foncière Lyonnaise SA to open at 67.20€, and during the day (based on 14 day Average True Range), to move between 66.49€ and 67.91€, which gives a possible trading interval of +/-0.706€ (+/-1.05%) up or down from last closing price. If Société Foncière Lyonnaise SA takes out the full calculated possible swing range there will be an estimated 2.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 67.00€ (0.30%) than the resistance at 69.40€ (3.27%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Société Foncière Lyonnaise SA stock A Buy?
Société Foncière Lyonnaise SA holds several negative signals and is within a 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: -4.727 Sell Candidate Unchanged
Predicted Opening Price for Société Foncière Lyonnaise SA of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 67.20€ ( 0%) | 67.20€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FLY.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 67.60 | 0.595 % | |
| R2 | 67.45 | 0.368 % | ||
| R1 | 67.35 | 0.227 % | ||
| Current price: | 67.20 | |||
| Support | S1 | 67.05 | -0.227 % | |
| S2 | 66.95 | -0.368 % | ||
| S3 | 66.80 | -0.595 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 71.00 | 5.65 % | |
| R2 | 69.80 | 3.87 % | ||
| R1 | 69.40 | 3.27 % | ||
| Current price | 67.20 | |||
| Support | S1 | 67.00 | -0.298% | |
| S2 | 66.80 | -0.595% | ||
| S3 | 66.60 | -0.89% |
FLY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 18, 2024 | Apr 18, 2024 | Apr 22, 2024 | 2.40€ | 3.61% |
| 2 | Apr 17, 2023 | Apr 17, 2023 | Apr 19, 2023 | 4.20€ | 5.26% |
| 3 | Apr 20, 2022 | Apr 20, 2022 | Apr 20, 2022 | 4.20€ | 4.88% |
| 4 | Apr 27, 2021 | Apr 27, 2021 | Apr 27, 2021 | 2.10€ | 3.41% |
| 5 | Feb 07, 2020 | Apr 21, 2020 | Apr 23, 2020 | 2.65€ | 3.96% |
FAQ
Click here for our free guide on how to buy Société Foncière Lyonnaise SA Stock.
