Going Public Media Aktiengesellschaft Stock Forecast
Stronger technical forecast for Going Public Media Aktiengesellschaft stock price after Tuesday trading.
(Updated on Jul 02, 2024)
No changes to the price of Going Public Media Aktiengesellschaft stock on the last trading day (Tuesday, 2nd Jul 2024). During the last trading day the stock fluctuated 3.03% from a day low at 1.65€ to a day high of 1.70€. The price has fallen in 4 of the last 10 days.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.21% during the next 3 months and, with a 90% probability hold a price between 1.59€ and 1.86€ at the end of this 3-month period.
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G6P.DE Signals & Forecast
The Going Public Media Aktiengesellschaft stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 1.68€. On a fall, the stock will find some support from the long-term average at approximately 1.62€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -4.62%. Further fall is indicated until a new bottom pivot has been found. 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 Going Public Media Aktiengesellschaft stock
Going Public Media Aktiengesellschaft finds support from accumulated volume at 1.64€ 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 0.0500€ between high and low, or 3.03%. For the last week the stock has had daily average volatility of 2.05%.
Our recommended stop-loss: 1.57€ (-5.13%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (G6P.DE) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Going Public Media Aktiengesellschaft to open at 1.67€, and during the day (based on 14 day Average True Range), to move between 1.61€ and 1.69€, which gives a possible trading interval of +/-0.0370€ (+/-2.24%) up or down from last closing price. If Going Public Media Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 4.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1.66€ (0.61%) than the support at 1.64€ (0.61%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Going Public Media Aktiengesellschaft stock A Buy?
Going Public Media Aktiengesellschaft holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.267 Hold/Accumulate Upgraded
Predicted Opening Price for Going Public Media Aktiengesellschaft of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
1.67€ ( 1.01%) | 1.65€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for G6P.DE
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1.72 | 4.04% |
R2 | 1.70 | 2.88% |
R1 | 1.69 | 2.17% |
Price | 1.65 | |
S1 | 1.65 | -0.147% |
S2 | 1.64 | -0.86% |
S3 | 1.62 | -2.02% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1.73 | 4.85% |
R2 | 1.69 | 2.42% |
R1 | 1.66 | 0.606% |
Price | 1.65 | |
S1 | 1.64 | -0.606% |
S2 | 1.63 | -1.21% |
S3 | 1.58 | -4.24% |
G6P Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 25, 2024 | Jun 25, 2024 | Jun 27, 2024 | 0.0200€ | 1.20% |
2 | Jun 30, 2023 | Jun 30, 2023 | Jun 30, 2023 | 0.0600€ | 2.83% |
3 | May 16, 2022 | May 16, 2022 | May 16, 2022 | 0.250€ | 9.84% |
4 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 0.100€ | 3.65% |
5 | Sep 25, 2020 | Sep 25, 2020 | Sep 25, 2020 | 0.400€ | 14.29% |
FAQ
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