Fuchs Petrolub Se Adr Stock Forecast
Green day on Friday for Fuchs Petrolub Se Adr stock after gaining 0.87%
(Updated on May 03, 2024)
The Fuchs Petrolub Se Adr stock price gained 0.87% on the last trading day (Friday, 3rd May 2024), rising from $11.54 to $11.64. During the last trading day the stock fluctuated 0.388% from a day low at $11.60 to a day high of $11.65. The price has been going up and down for this period, and there has been a -1.36% loss for the last 2 weeks. Volume fell on the last day by -748 shares and in total, 1 thousand shares were bought and sold for approximately $15.36 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $11.56 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.80% during the next 3 months and, with a 90% probability hold a price between $13.04 and $14.75 at the end of this 3-month period.
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FUPBY Signals & Forecast
There are few to no technical positive signals at the moment. The Fuchs Petrolub Se Adr 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 $11.64 and $12.02. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 05, 2024, and so far it has fallen -7.62%. 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). 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Fuchs Petrolub Se Adr stock
Fuchs Petrolub Se Adr finds support from accumulated volume at $11.10 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 $0.0450 between high and low, or 0.388%. For the last week the stock has had daily average volatility of 0.799%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FUPBY) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Fuchs Petrolub Se Adr to open at $11.63, and during the day (based on 14 day Average True Range), to move between $11.50 and $11.78, which gives a possible trading interval of +/-$0.137 (+/-1.18%) up or down from last closing price. If Fuchs Petrolub Se Adr takes out the full calculated possible swing range there will be an estimated 2.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $11.10 (4.64%) than the resistance at $12.25 (5.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Fuchs Petrolub Se Adr stock A Buy?
The Fuchs Petrolub Se Adr stock holds several negative signals and despite the positive trend, we believe Fuchs Petrolub Se Adr will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.025 Sell Candidate Unchanged
Predicted Opening Price for Fuchs Petrolub Se Adr of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $11.63 ( 0.100%) | $11.64 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FUPBY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.67 | 0.286 % | |
| R2 | 11.66 | 0.139 % | ||
| R1 | 11.65 | 0.0475 % | ||
| Current price: | 11.64 | |||
| Support | S1 | 11.61 | -0.248 % | |
| S2 | 11.60 | -0.339 % | ||
| S3 | 11.58 | -0.487 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 12.45 | 6.96 % | |
| R2 | 12.37 | 6.23 % | ||
| R1 | 12.25 | 5.24 % | ||
| Current price | 11.64 | |||
| Support | S1 | 11.10 | -4.64% | |
| S2 | 10.81 | -7.13% | ||
| S3 | 10.62 | -8.81% |
FUPBY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 10, 2024 | May 09, 2024 | May 28, 2024 | $0.200 | 1.72% |
| 2 | May 02, 2024 | May 02, 2024 | May 28, 2024 | $0.195 | 1.68% |
| 3 | Aug 03, 2023 | May 04, 2023 | May 23, 2023 | $0.292 | 3.07% |
| 4 | Apr 29, 2022 | May 04, 2022 | May 23, 2022 | $0.280 | 3.87% |
| 5 | Apr 06, 2021 | May 05, 2021 | May 24, 2021 | $0.292 | 2.30% |
FAQ
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