Iberdrola, S.A. Stock Forecast
Stronger technical forecast for Iberdrola, S.A. stock price after Tuesday trading.
(Updated on Jul 02, 2024)
The Iberdrola, S.A. stock price gained 0.123% on the last trading day (Tuesday, 2nd Jul 2024), rising from 12.20€ to 12.22€. During the last trading day the stock fluctuated 0.90% from a day low at 12.19€ to a day high of 12.30€. The price has risen in 6 of the last 10 days and is up by 1.66% over the past 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 7 thousand shares were bought and sold for approximately 91.16€ 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 strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 12.09€ 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 10.48% during the next 3 months and, with a 90% probability hold a price between 13.36€ and 14.55€ at the end of this 3-month period.
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IBE1.DE Signals & Forecast
The Iberdrola, S.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 12.27€. On a fall, the stock will find some support from the long-term average at approximately 12.21€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Wednesday, May 15, 2024, and so far it has fallen -2.28%. 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 not be. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Friday, April 19, 2024 in the long-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 12 Months
The stock had a Golden Star Signal on Friday, April 19, 2024 in the long-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 Iberdrola, S.A. stock
Iberdrola, S.A. finds support from accumulated volume at 12.21€ 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 0.110€ between high and low, or 0.90%. For the last week the stock has had daily average volatility of 1.80%
Our recommended stop-loss: 11.59€ (-5.15%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 58 days ago.)
Trading Expectations (IBE1.DE) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Iberdrola, S.A. to open at 12.24€, and during the day (based on 14 day Average True Range), to move between 11.99€ and 12.44€, which gives a possible trading interval of +/-0.221€ (+/-1.81%) up or down from last closing price. If Iberdrola, S.A. takes out the full calculated possible swing range there will be an estimated 3.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 12.21€ (0.04%) than the resistance at 12.23€ (0.08%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Iberdrola, 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 Iberdrola, S.A. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 4.029 Buy Candidate Upgraded
Predicted Opening Price for Iberdrola, S.A. of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
12.24€ ( 0.164%) | 12.22€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IBE1.DE
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 12.35 | 1.06% |
R2 | 12.30 | 0.720% |
R1 | 12.28 | 0.508% |
Price | 12.22 | |
S1 | 12.19 | -0.180% |
S2 | 12.17 | -0.393% |
S3 | 12.13 | -0.737% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 12.44 | 1.80% |
R2 | 12.28 | 0.532% |
R1 | 12.23 | 0.0819% |
Price | 12.22 | |
S1 | 12.21 | -0.0409% |
S2 | 12.06 | -1.31% |
S3 | 11.42 | -6.55% |
IBE1 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jul 04, 2024 | Jul 04, 2024 | Jul 29, 2024 | 0.282€ | 2.31% |
2 | May 09, 2024 | May 09, 2024 | May 20, 2024 | 0.0041€ | 0.0329% |
3 | Jan 09, 2024 | Jan 09, 2024 | Jan 31, 2024 | 0.202€ | 1.81% |
4 | Jul 07, 2023 | Jul 07, 2023 | Jul 07, 2023 | 0.316€ | 2.84% |
5 | Apr 20, 2023 | Apr 20, 2023 | May 02, 2023 | 0.0050€ | 0.0425% |
FAQ
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