Gimv NV Stock Forecast
Stronger technical forecast for Gimv NV stock price after Thursday trading.
(Updated on May 02, 2024)
The Gimv NV stock price gained 1.71% on the last trading day (Thursday, 2nd May 2024), rising from 43.85€ to 44.60€. During the last trading day the stock fluctuated 2.28% from a day low at 43.85€ to a day high of 44.85€. The price has risen in 6 of the last 10 days and is up by 0.45% over the past 2 weeks. Volume fell on the last day by -5 thousand shares and in total, 10 thousand shares were bought and sold for approximately 427.22€ 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 narrow 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 2.83% during the next 3 months and, with a 90% probability hold a price between 45.06€ and 47.09€ at the end of this 3-month period.
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GIMB.BB Signals & Forecast
The Gimv NV 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 44.48€ and 44.42€. 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 Monday, April 22, 2024, and so far it has fallen -1.55%. 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. The stock had a Golden Star Signal on Thursday, April 18, 2024 in the short-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.
Golden Star
The stock had a Golden Star Signal on Thursday, April 18, 2024 in the short-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.
A sell signal from a double top formation was found on Monday, April 22, 2024 and based on theory for this formation the price should fall by -7.40% to 41.30€ within 26 trading days since signal was issued (Friday, May 03, 2024).
Support, Risk & Stop-loss for Gimv NV stock
Gimv NV finds support from accumulated volume at 44.50€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 1.00€ between high and low, or 2.28%. For the last week the stock has had daily average volatility of 1.69%
Our recommended stop-loss: 42.86€ (-3.90%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (GIMB.BB) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Gimv NV to open at 44.43€, and during the day (based on 14 day Average True Range), to move between 43.86€ and 45.34€, which gives a possible trading interval of +/-0.744€ (+/-1.67%) up or down from last closing price. If Gimv NV takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 44.65€ (0.11%) than the support at 44.50€ (0.22%), 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 Gimv NV 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 Gimv NV stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.460 Buy Candidate Upgraded
Predicted Opening Price for Gimv NV of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| 44.43€ ( 0.374%) | 44.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GIMB.BB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 45.43 | 1.87 % | |
| R2 | 45.05 | 1.01 % | ||
| R1 | 44.82 | 0.483 % | ||
| Current price: | 44.60 | |||
| Support | S1 | 44.05 | -1.23 % | |
| S2 | 43.82 | -1.76 % | ||
| S3 | 43.43 | -2.62 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 45.00 | 0.90 % | |
| R2 | 44.80 | 0.448 % | ||
| R1 | 44.65 | 0.112 % | ||
| Current price | 44.60 | |||
| Support | S1 | 44.50 | -0.224% | |
| S2 | 44.25 | -0.785% | ||
| S3 | 43.90 | -1.57% |
GIMB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 03, 2023 | Jul 03, 2023 | Jul 03, 2023 | 2.60€ | 0% |
| 2 | Jul 04, 2022 | Jul 04, 2022 | Jul 04, 2022 | 2.60€ | 0% |
| 3 | Jul 05, 2021 | Jul 05, 2021 | Jul 05, 2021 | 2.50€ | 0% |
| 4 | May 20, 2020 | Jun 29, 2020 | Jul 28, 2020 | 2.50€ | 0% |
| 5 | May 23, 2019 | Jul 01, 2019 | Jul 01, 2019 | 2.50€ | 0% |
FAQ
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