Fuchs Petrolub SE Stock Forecast

Fuchs Petrolub SE stock price up 0.444% on Monday
(Updated on May 06, 2024)

FPE.DE Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has risen 0.444%. 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 Fuchs Petrolub SE 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 34.30€ and 35.66€. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Friday, September 08, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Fuchs Petrolub SE stock

Fuchs Petrolub SE finds support from accumulated volume at 33.80€ 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 0.450€ between high and low, or 1.33%. For the last week the stock has had daily average volatility of 3.18%.

Fuchs Petrolub SE is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FPE.DE) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect Fuchs Petrolub SE to open at 34.07€, and during the day (based on 14 day Average True Range), to move between 33.22€ and 34.68€, which gives a possible trading interval of +/-0.727€ (+/-2.14%) up or down from last closing price. If Fuchs Petrolub SE takes out the full calculated possible swing range there will be an estimated 4.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 33.80€ (0.44%) than the resistance at 34.30€ (1.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Fuchs Petrolub SE stock A Buy?

The Fuchs Petrolub SE stock holds several negative signals and despite the positive trend, we believe Fuchs Petrolub SE will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.261 Sell Candidate Unchanged

Predicted Opening Price for Fuchs Petrolub SE of Tuesday, May 7, 2024

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