Immobiliere Dassault SA 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
Immobiliere Dassault SA stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 17, 2024)
The Immobiliere Dassault SA stock price fell by -0.202% on the last day (Friday, 17th May 2024) from 49.40€ to 49.30€. During the last trading day the stock fluctuated 0.609% from a day low at 49.30€ to a day high of 49.60€. The price has risen in 7 of the last 10 days and is up by 2.71% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -491 shares and in total, 108 shares were bought and sold for approximately 5.32€ thousand.
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 49.44€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.32% during the next 3 months and, with a 90% probability hold a price between 48.58€ and 52.07€ at the end of this 3-month period.
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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 48.70€ and 47.31€. A breakdown below any of these levels will issue sell signals. 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 Thursday, May 16, 2024, and so far it has fallen -0.202%. 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). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. 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 0.609%. For the last week the stock has had daily average volatility of 0.91%
Our recommended stop-loss: 47.36€ (-3.94%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (IMDA.PA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Immobiliere Dassault SA to open at 49.40€, and during the day (based on 14 day Average True Range), to move between 48.55€ and 50.05€, which gives a possible trading interval of +/-0.746€ (+/-1.51%) up or down from last closing price. If Immobiliere Dassault SA takes out the full calculated possible swing range there will be an estimated 3.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 49.40€ (0.20%) than the support at 46.70€ (5.27%), 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 Immobiliere Dassault SA stock A Buy?
Immobiliere Dassault SA holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.861 Hold/Accumulate Downgraded
Predicted Opening Price for Immobiliere Dassault SA of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 49.40€ ( 0.203%) | 49.30€ |
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 | 49.70 | 0.81 % | |
| R2 | 49.59 | 0.579 % | ||
| R1 | 49.51 | 0.435 % | ||
| Current price: | 49.30 | |||
| Support | S1 | 49.29 | -0.0296 % | |
| S2 | 49.21 | -0.173 % | ||
| S3 | 49.10 | -0.406 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 49.40 | 0.203 % | ||
| Current price | 49.30 | |||
| Support | S1 | 46.70 | -5.27% | |
| S2 | 46.00 | -6.69% | ||
| S3 | 45.80 | -7.10% |
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
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