Going Public Media Aktiengesellschaft Stock Forecast
Going Public Media Aktiengesellschaft stock price ended at 1.62€ on Friday, after gaining 2.53%.
(Updated on May 03, 2024)
The Going Public Media Aktiengesellschaft stock price gained 2.53% on the last trading day (Friday, 3rd May 2024), rising from 1.58€ to 1.62€. During the last trading day the stock fluctuated 1.25% from a day low at 1.60€ to a day high of 1.62€. The price has been going up and down for this period, and there has been a 3.85% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 147 more shares were traded than the day before. In total, 200 shares were bought and sold for approximately 324.00€ .
Given the current short-term trend, the stock is expected to fall -9.47% during the next 3 months and, with a 90% probability hold a price between 1.33€ and 1.47€ 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.
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G6P.DE Signals & Forecast
The Going Public Media Aktiengesellschaft stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 1.56€ and 1.58€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 9.46%. Further rise is indicated until a new top pivot has been found. Going Public Media Aktiengesellschaft has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Going Public Media Aktiengesellschaft stock
Going Public Media Aktiengesellschaft finds support from accumulated volume at 1.58€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.0200€ (1.25%) between high and low. For the last week, the stock has had daily average volatility of 1.27%.
Our recommended stop-loss: 1.56€ (-3.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (G6P.DE) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Going Public Media Aktiengesellschaft to open at 1.61€, and during the day (based on 14 day Average True Range), to move between 1.60€ and 1.64€, which gives a possible trading interval of +/-0.0228€ (+/-1.40%) 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 2.81% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1.63€ (0.62%) than the support at 1.58€ (2.47%), 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.
Current score: 0.602 Hold/Accumulate Unchanged
Predicted Opening Price for Going Public Media Aktiengesellschaft of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 1.61€ ( 0.412%) | 1.62€ |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 1.63 | 0.82 % | |
| R2 | 1.63 | 0.351 % | ||
| R1 | 1.62 | 0.0601 % | ||
| Current price: | 1.62 | |||
| Support | S1 | 1.61 | -0.88 % | |
| S2 | 1.60 | -1.17 % | ||
| S3 | 1.59 | -1.65 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.75 | 8.02 % | |
| R2 | 1.65 | 1.85 % | ||
| R1 | 1.63 | 0.617 % | ||
| Current price | 1.62 | |||
| Support | S1 | 1.58 | -2.47% | |
| S2 | 1.56 | -3.70% | ||
| S3 | 1.53 | -5.56% |
G6P Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 30, 2023 | Jun 30, 2023 | Jun 30, 2023 | 0.0600€ | 2.86% |
| 2 | May 16, 2022 | May 16, 2022 | May 16, 2022 | 0.250€ | 9.77% |
| 3 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 0.100€ | 3.60% |
| 4 | Sep 25, 2020 | Sep 25, 2020 | Sep 25, 2020 | 0.400€ | 13.99% |
| 5 | Sep 17, 2019 | Sep 17, 2019 | Sep 17, 2019 | 0.200€ | 7.41% |
FAQ
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