ISS A/S Stock Forecast
ISS A/S stock downgraded to Sell Candidate
(Updated on Mar 27, 2024)
The ISS A/S stock price gained 0.359% on the last trading day (Wednesday, 27th Mar 2024), rising from kr125.25 to kr125.70. During the last trading day the stock fluctuated 0.96% from a day low at kr124.70 to a day high of kr125.90. The price has risen in 6 of the last 10 days and is up by 3.29% over the past 2 weeks. Volume fell on the last day by -233 thousand shares and in total, 193 thousand shares were bought and sold for approximately kr24.20 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 wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.33% during the next 3 months and, with a 90% probability hold a price between kr114.80 and kr129.98 at the end of this 3-month period.
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ISS.CO Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, March 05, 2024, and so far it has risen 3.41%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ISS A/S stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at kr126.61. On a fall, the stock will find some support from the short-term average at kr124.48. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for ISS A/S stock
ISS A/S finds support from accumulated volume at kr124.00 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 kr1.20 between high and low, or 0.96%. For the last week the stock has had daily average volatility of 1.49%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ISS.CO) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect ISS A/S to open at kr125.43, and during the day (based on 14 day Average True Range), to move between kr123.54 and kr127.86, which gives a possible trading interval of +/-kr2.16 (+/-1.72%) up or down from last closing price. If ISS A/S takes out the full calculated possible swing range there will be an estimated 3.44% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr126.00 (0.24%) than the support at kr124.00 (1.35%), 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 ISS A/S stock A Buy?
ISS A/S holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.839 Sell Candidate Downgraded
Predicted Opening Price for ISS A/S of Tuesday, April 2, 2024
Fair opening price April 2, 2024 | Current price |
---|---|
kr125.43 ( 0.212%) | kr125.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ISS.CO
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 126.63 | 0.743 % | |
R2 | 126.17 | 0.378 % | ||
R1 | 125.89 | 0.153 % | ||
Current price: | 125.70 | |||
Support | S1 | 124.97 | -0.577 % | |
S2 | 124.69 | -0.80 % | ||
S3 | 124.23 | -1.17 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 128.75 | 2.43 % | |
R2 | 128.20 | 1.99 % | ||
R1 | 126.00 | 0.239 % | ||
Current price | 125.70 | |||
Support | S1 | 124.00 | -1.35% | |
S2 | 123.80 | -1.51% | ||
S3 | 123.25 | -1.95% |
ISS Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 12, 2024 | Apr 12, 2024 | Apr 12, 2024 | kr0 | 0% |
2 | Apr 14, 2023 | Apr 14, 2023 | Apr 14, 2023 | kr2.10 | 1.48% |
3 | Apr 03, 2020 | Apr 03, 2020 | Apr 03, 2020 | kr7.70 | 8.75% |
4 | Apr 11, 2019 | Apr 11, 2019 | Apr 11, 2019 | kr7.70 | 3.68% |
5 | Apr 12, 2018 | Apr 12, 2018 | Apr 12, 2018 | kr7.70 | 3.67% |
FAQ
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