Thales S.A. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Thales S.A. stock after gaining 1.31%
(Updated on Apr 26, 2024)
The Thales S.A. stock price gained 1.31% on the last trading day (Friday, 26th Apr 2024), rising from 156.65€ to 158.70€. During the last trading day the stock fluctuated 2.12% from a day low at 155.55€ to a day high of 158.85€. The price has risen in 5 of the last 10 days but is still down by -0.06% for this period. Volume fell on the last day by -66 thousand shares and in total, 173 thousand shares were bought and sold for approximately 27.40€ million. 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 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 22.73% during the next 3 months and, with a 90% probability hold a price between 189.81€ and 208.20€ at the end of this 3-month period.
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HO.PA Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, April 08, 2024, and so far it has fallen -2.37%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Thales S.A. 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 157.46€ and 154.57€. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Friday, February 02, 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 Friday, February 02, 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.
Support, Risk & Stop-loss for Thales S.A. stock
Thales S.A. finds support from accumulated volume at 150.90€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 3.30€ between high and low, or 2.12%. For the last week the stock has had daily average volatility of 2.18%.
Our recommended stop-loss: 152.47€ (-3.92%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)
Trading Expectations (HO.PA) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Thales S.A. to open at 157.70€, and during the day (based on 14 day Average True Range), to move between 155.40€ and 162.00€, which gives a possible trading interval of +/-3.30€ (+/-2.08%) up or down from last closing price. If Thales S.A. takes out the full calculated possible swing range there will be an estimated 4.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 160.05€ (0.85%) than the support at 150.90€ (4.91%), 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 Thales S.A. 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 Thales S.A. stock to perform well in the short-term.
Current score: 3.741 Buy Candidate Unchanged
Predicted Opening Price for Thales S.A. of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
157.70€ ( 0.630%) | 158.70€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HO.PA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 161.00 | 1.45 % | |
R2 | 159.74 | 0.655 % | ||
R1 | 158.96 | 0.164 % | ||
Current price: | 158.70 | |||
Support | S1 | 156.44 | -1.42 % | |
S2 | 155.66 | -1.92 % | ||
S3 | 154.40 | -2.71 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 160.95 | 1.42 % | |
R2 | 160.25 | 0.98 % | ||
R1 | 160.05 | 0.85 % | ||
Current price | 158.70 | |||
Support | S1 | 150.90 | -4.91% | |
S2 | 137.05 | -13.64% | ||
S3 | 134.00 | -15.56% |
HO Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 21, 2024 | May 21, 2024 | May 23, 2024 | 2.60€ | 1.64% |
2 | Dec 05, 2023 | Dec 05, 2023 | Dec 05, 2023 | 0€ | 0% |
3 | May 23, 2023 | May 23, 2023 | May 23, 2023 | 2.24€ | 1.67% |
4 | Dec 06, 2022 | Dec 06, 2022 | Dec 06, 2022 | 0.700€ | 0.568% |
5 | May 17, 2022 | May 17, 2022 | May 17, 2022 | 1.96€ | 1.70% |
FAQ
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