Compagnie de Saint-Gobain S.A. Stock Forecast
Compagnie de Saint-Gobain S.A. stock price up 0.246% on Tuesday
(Updated on Jun 25, 2024)
The Compagnie de Saint-Gobain S.A. stock price gained 0.246% on the last trading day (Tuesday, 25th Jun 2024), rising from 73.22€ to 73.40€. During the last trading day the stock fluctuated 0% from a day low at 73.40€ to a day high of 73.40€. The price has been going up and down for this period, and there has been a -3.93% loss for the last 2 weeks. Volume fell on the last day by -877 shares and in total, 1 shares were bought and sold for approximately 73.40€ . 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 weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 72.90€ 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 8.72% during the next 3 months and, with a 90% probability hold a price between 79.26€ and 91.57€ at the end of this 3-month period.
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GOB.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 1.75%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Compagnie de Saint-Gobain S.A. 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 74.26€ and 78.87€. A break-up above any of these levels will issue buy signals. 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 Compagnie de Saint-Gobain S.A. stock
Compagnie de Saint-Gobain S.A. finds support from accumulated volume at 72.72€ 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.657%.
Compagnie de Saint-Gobain S.A. is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (GOB.DE) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Compagnie de Saint-Gobain S.A. to open at 73.40€, and during the day (based on 14 day Average True Range), to move between 72.23€ and 74.57€, which gives a possible trading interval of +/-1.17€ (+/-1.60%) up or down from last closing price. If Compagnie de Saint-Gobain S.A. takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 72.72€ (0.93%) than the resistance at 77.62€ (5.75%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Compagnie de Saint-Gobain S.A. stock A Buy?
The Compagnie de Saint-Gobain S.A. stock holds several negative signals and despite the positive trend, we believe Compagnie de Saint-Gobain S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.465 Sell Candidate Unchanged
Predicted Opening Price for Compagnie de Saint-Gobain S.A. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 73.40€ ( 0%) | 73.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GOB.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 73.40 | - |
| R2 | 73.40 | - |
| R1 | 73.40 | - |
| Price | 73.40 | |
| S1 | 73.40 | - |
| S2 | 73.40 | - |
| S3 | 73.40 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 81.66 | 11.25% |
| R2 | 79.50 | 8.31% |
| R1 | 77.62 | 5.75% |
| Price | 73.40 | |
| S1 | 72.72 | -0.93% |
| S2 | 72.14 | -1.72% |
| S3 | 71.46 | -2.64% |
GOB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 10, 2024 | Jun 10, 2024 | Jun 12, 2024 | 2.10€ | 2.75% |
| 2 | Jun 12, 2023 | Jun 12, 2023 | Jun 12, 2023 | 2.00€ | 3.64% |
| 3 | Jun 06, 2022 | Jun 06, 2022 | Jun 06, 2022 | 1.63€ | 2.98% |
| 4 | Jun 07, 2021 | Jun 07, 2021 | Jun 07, 2021 | 1.33€ | 2.31% |
| 5 | Jun 08, 2020 | Jun 08, 2020 | Jun 08, 2020 | 1.38€ | 4.16% |
FAQ
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