Guerbet SA Stock Forecast
Guerbet SA stock price up 2.85% on Thursday
(Updated on May 09, 2024)
The Guerbet SA stock price gained 2.85% on the last trading day (Thursday, 9th May 2024), rising from 36.85€ to 37.90€. During the last trading day the stock fluctuated 4.26% from a day low at 36.40€ to a day high of 37.95€. The price has risen in 6 of the last 10 days and is up by 6.76% over the past 2 weeks. Volume fell on the last day by -1 thousand shares and in total, 8 thousand shares were bought and sold for approximately 292.32€ 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 middle of a wide and strong 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 29.74% during the next 3 months and, with a 90% probability hold a price between 45.32€ and 50.59€ at the end of this 3-month period.
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GBT.PA Signals & Forecast
The Guerbet SA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 37.71€ and 34.68€. A breakdown below any of these levels will issue sell signals. 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 Thursday, May 02, 2024, and so far it has fallen -0.92%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for Guerbet SA stock
On the downside, the stock finds support just below today's level from accumulated volume at 35.50€ and 34.05€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Guerbet SA finds support just below today's level at 35.50€. If this is broken, then the next support from accumulated volume will be at 34.05€ and 30.45€.
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 1.55€ between high and low, or 4.26%. For the last week the stock has had daily average volatility of 2.79%.
Our recommended stop-loss: 36.67€ (-3.23%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (GBT.PA) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Guerbet SA to open at 37.42€, and during the day (based on 14 day Average True Range), to move between 36.50€ and 39.30€, which gives a possible trading interval of +/-1.40€ (+/-3.68%) up or down from last closing price. If Guerbet SA takes out the full calculated possible swing range there will be an estimated 7.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 38.00€ (0.26%) than the support at 35.50€ (6.33%), 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 Guerbet SA stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Guerbet SA stock to perform well in the short-term.
Current score: 4.365 Buy Candidate Unchanged
Predicted Opening Price for Guerbet SA of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| 37.42€ ( 1.28%) | 37.90€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GBT.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.97 | 2.81 % | |
| R2 | 38.37 | 1.25 % | ||
| R1 | 38.01 | 0.287 % | ||
| Current price: | 37.90 | |||
| Support | S1 | 36.82 | -2.84 % | |
| S2 | 36.46 | -3.80 % | ||
| S3 | 35.87 | -5.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.25 | 0.92 % | |
| R2 | 38.20 | 0.792 % | ||
| R1 | 38.00 | 0.264 % | ||
| Current price | 37.90 | |||
| Support | S1 | 35.50 | -6.33% | |
| S2 | 34.05 | -10.16% | ||
| S3 | 30.45 | -19.66% |
GBT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2024 | Jul 01, 2024 | Jul 03, 2024 | 0.500€ | 1.32% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | 0.500€ | 2.94% |
| 3 | Jul 01, 2022 | Jul 01, 2022 | Jul 05, 2022 | 0.85€ | 3.99% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | 0.85€ | 3.82% |
| 5 | Jun 29, 2021 | Jun 29, 2021 | Jun 29, 2021 | 0.700€ | 2.31% |
FAQ
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