Heineken Nv Adr Stock Forecast
Green day on Thursday for Heineken Nv Adr
(Updated on Jun 20, 2024)
The Heineken Nv Adr stock price gained 0.604% on the last trading day (Thursday, 20th Jun 2024), rising from $49.69 to $49.99. During the last trading day the stock fluctuated 0.641% from a day low at $49.93 to a day high of $50.25. The price has fallen in 6 of the last 10 days and is down by -2.52% for this period. Volume fell on the last day by -1 thousand shares and in total, 11 thousand shares were bought and sold for approximately $545.14 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 lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $49.68 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 9.33% during the next 3 months and, with a 90% probability hold a price between $54.31 and $58.97 at the end of this 3-month period.
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HEINY Signals & Forecast
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. The Heineken Nv Adr stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $50.59 and $50.48. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -4.56%. 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 Heineken Nv Adr stock
Heineken Nv Adr finds support from accumulated volume at $49.82 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 $0.320 between high and low, or 0.641%. For the last week the stock has had daily average volatility of 0.548%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HEINY) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Heineken Nv Adr to open at $50.06, and during the day (based on 14 day Average True Range), to move between $49.29 and $50.69, which gives a possible trading interval of +/-$0.695 (+/-1.39%) up or down from last closing price. If Heineken Nv Adr takes out the full calculated possible swing range there will be an estimated 2.78% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $49.82 (0.35%) than the resistance at $50.36 (0.74%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Heineken Nv Adr stock A Buy?
The Heineken Nv Adr stock holds several negative signals and despite the positive trend, we believe Heineken Nv Adr will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.290 Sell Candidate Unchanged
Predicted Opening Price for Heineken Nv Adr of Friday, June 21, 2024
Fair opening price June 21, 2024 | Current price |
---|---|
$50.06 ( 0.133%) | $49.99 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HEINY
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 50.38 | 0.773% |
R2 | 50.25 | 0.529% |
R1 | 50.18 | 0.378% |
Price | 49.99 | |
S1 | 49.93 | -0.111% |
S2 | 49.86 | -0.262% |
S3 | 49.74 | -0.507% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 52.32 | 4.66% |
R2 | 51.53 | 3.08% |
R1 | 50.36 | 0.740% |
Price | 49.99 | |
S1 | 49.82 | -0.350% |
S2 | 47.16 | -5.66% |
S3 | 46.26 | -7.46% |
HEINY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 16, 2024 | Apr 29, 2024 | May 14, 2024 | $0.454 | 0.89% |
2 | Aug 02, 2023 | Aug 10, 2023 | Aug 18, 2023 | $0.380 | 0.785% |
3 | Jul 23, 2023 | Apr 24, 2023 | May 09, 2023 | $0.657 | 1.16% |
4 | Aug 05, 2022 | Aug 10, 2022 | Aug 18, 2022 | $0.258 | 0.534% |
5 | Apr 20, 2022 | Apr 25, 2022 | May 10, 2022 | $0.546 | 1.11% |
FAQ
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