Immobiliere Dassault SA Stock Forecast
Immobiliere Dassault SA stock upgraded to Buy Candidate.
(Updated on May 16, 2024)
The Immobiliere Dassault SA stock price gained 0.611% on the last trading day (Thursday, 16th May 2024), rising from 49.10€ to 49.40€. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.610% from a day low at 49.20€ to a day high of 49.50€. The price has risen in 7 of the last 10 days and is up by 0.82% over the past 2 weeks. Volume fell on the last day by -69 shares and in total, 599 shares were bought and sold for approximately 29.59€ 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 upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 49.89€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.93% during the next 3 months and, with a 90% probability hold a price between 48.31€ and 52.34€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
IMDA.PA Signals & Forecast
The Immobiliere Dassault SA 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 48.56€ and 47.21€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has risen 2.92%. 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. 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 Immobiliere Dassault SA stock
On the downside, the stock finds support just below today's level from accumulated volume at 46.70€ and 46.00€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Immobiliere Dassault SA finds support just below today's level at 46.70€. If this is broken, then the next support from accumulated volume will be at 46.00€ and 45.80€.
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 0.300€ between high and low, or 0.610%. For the last week the stock has had daily average volatility of 1.08%
Our recommended stop-loss: 47.08€ (-4.70%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (IMDA.PA) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Immobiliere Dassault SA to open at 49.37€, and during the day (based on 14 day Average True Range), to move between 48.62€ and 50.18€, which gives a possible trading interval of +/-0.780€ (+/-1.58%) up or down from last closing price. If Immobiliere Dassault SA takes out the full calculated possible swing range there will be an estimated 3.16% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 46.70€, some 2.70€ (5.47%) from the current price of 49.40€, our system finds the risk reward attractive.
Is Immobiliere Dassault SA 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 Immobiliere Dassault SA 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: 2.638 Buy Candidate Upgraded
Predicted Opening Price for Immobiliere Dassault SA of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| 49.37€ ( 0.0675%) | 49.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IMDA.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 49.67 | 0.540 % | |
| R2 | 49.55 | 0.308 % | ||
| R1 | 49.48 | 0.165 % | ||
| Current price: | 49.40 | |||
| Support | S1 | 49.25 | -0.299 % | |
| S2 | 49.18 | -0.443 % | ||
| S3 | 49.07 | -0.675 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 49.40 | |||
| Support | S1 | 46.70 | -5.47% | |
| S2 | 46.00 | -6.88% | ||
| S3 | 45.80 | -7.29% |
IMDA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 15, 2023 | May 15, 2023 | May 15, 2023 | 0.94€ | 1.74% |
| 2 | May 23, 2022 | May 23, 2022 | May 23, 2022 | 1.30€ | 2.14% |
| 3 | May 07, 2021 | May 07, 2021 | May 07, 2021 | 1.00€ | 1.69% |
| 4 | Mar 09, 2020 | May 27, 2020 | May 29, 2020 | 1.24€ | 1.88% |
| 5 | Mar 18, 2019 | May 15, 2019 | Jun 07, 2019 | 1.24€ | 1.98% |
FAQ
Click here for our free guide on how to buy Immobiliere Dassault SA Stock.
