IMS S.A. Stock Forecast
IMS S.A. stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 31, 2024)
The IMS S.A. stock price gained 0.719% on the last trading day (Friday, 31st May 2024), rising from 4.17zł to 4.20zł. During the last trading day the stock fluctuated 4.74% from a day low at 4.01zł to a day high of 4.20zł. The price has risen in 6 of the last 10 days but is still down by -5.83% for this period. Volume fell on the last day by -10 thousand shares and in total, 11 thousand shares were bought and sold for approximately 46.89zł 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 wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 4.17zł 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 3.11% during the next 3 months and, with a 90% probability hold a price between 4.30zł and 5.08zł 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.
IMS.WA Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 0.719%. 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. The IMS S.A. 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 4.39zł and 4.37zł. A break-up above any of these levels will issue buy signals. 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 IMS S.A. stock
IMS S.A. finds support from accumulated volume at 4.17zł and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.190zł between high and low, or 4.74%. For the last week the stock has had daily average volatility of 4.60%.
Our recommended stop-loss: 3.97zł (-5.51%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (IMS.WA) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect IMS S.A. to open at 4.14zł, and during the day (based on 14 day Average True Range), to move between 4.04zł and 4.36zł, which gives a possible trading interval of +/-0.157zł (+/-3.75%) up or down from last closing price. If IMS S.A. takes out the full calculated possible swing range there will be an estimated 7.49% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 4.17zł (0.71%) than the resistance at 4.30zł (2.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is IMS S.A. stock A Buy?
IMS S.A. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.405 Hold/Accumulate Upgraded
Predicted Opening Price for IMS S.A. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 4.14zł ( 1.51%) | 4.20zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IMS.WA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.33 | 3.02 % | |
| R2 | 4.25 | 1.29 % | ||
| R1 | 4.21 | 0.220 % | ||
| Current price: | 4.20 | |||
| Support | S1 | 4.06 | -3.24 % | |
| S2 | 4.02 | -4.30 % | ||
| S3 | 3.95 | -6.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.82 | 14.76 % | |
| R2 | 4.39 | 4.52 % | ||
| R1 | 4.30 | 2.38 % | ||
| Current price | 4.20 | |||
| Support | S1 | 4.17 | -0.714% | |
| S2 | 4.10 | -2.38% | ||
| S3 | 4.08 | -2.86% |
IMS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 27, 2024 | May 27, 2024 | May 30, 2024 | 0.270zł | 6.47% |
| 2 | Jul 04, 2023 | Jul 04, 2023 | Jul 04, 2023 | 0.210zł | 7.42% |
| 3 | Jun 15, 2022 | Jun 15, 2022 | Jun 15, 2022 | 0.180zł | 6.57% |
| 4 | Jul 05, 2021 | Jul 05, 2021 | Jul 05, 2021 | 0.100zł | 2.85% |
| 5 | Sep 03, 2020 | Sep 03, 2020 | Sep 03, 2020 | 0.0500zł | 1.64% |
FAQ
Click here for our free guide on how to buy IMS S.A. Stock.
