IVS Group S.A. Stock Forecast
Red day on Tuesday for IVS Group S.A. stock after losing 0%
(Updated on Jun 25, 2024)
No changes to the price of IVS Group S.A. stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 0.280% from a day low at 7.14€ to a day high of 7.16€. The price has been going up and down for this period, and there has been a -0.28% loss for the last 2 weeks.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.90% during the next 3 months and, with a 90% probability hold a price between 7.39€ and 8.25€ at the end of this 3-month period.
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IVS.MI Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. 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, June 19, 2024, and so far it has fallen -0.279%. Further fall is indicated until a new bottom pivot has been found.
A sell signal from a double top formation was found on Wednesday, June 19, 2024 and based on theory for this formation the price should fall by -5.32% to 6.76€ within 48 trading days since signal was issued (Tuesday, August 27, 2024).
Support, Risk & Stop-loss for IVS Group S.A. stock
IVS Group S.A. finds support from accumulated volume at 7.12€ 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 0.0200€ between high and low, or 0.280%. For the last week the stock has had daily average volatility of 0.224%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IVS.MI) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect IVS Group S.A. to open at 7.15€, and during the day (based on 14 day Average True Range), to move between 7.11€ and 7.17€, which gives a possible trading interval of +/-0.0330€ (+/-0.46%) up or down from last closing price. If IVS Group S.A. takes out the full calculated possible swing range there will be an estimated 0.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 7.12€ (0.28%) than the resistance at 7.16€ (0.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is IVS Group S.A. stock A Buy?
IVS Group S.A. 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.
Current score: -2.059 Sell Candidate Unchanged
Predicted Opening Price for IVS Group S.A. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 7.15€ ( 0.0934%) | 7.14€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IVS.MI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.17 | 0.373% |
| R2 | 7.16 | 0.266% |
| R1 | 7.15 | 0.200% |
| Price | 7.14 | |
| S1 | 7.14 | -0.0136% |
| S2 | 7.13 | -0.0797% |
| S3 | 7.13 | -0.187% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 7.18 | 0.560% |
| R1 | 7.16 | 0.280% |
| Price | 7.14 | |
| S1 | 7.12 | -0.280% |
| S2 | 6.76 | -5.32% |
| S3 | 6.40 | -10.36% |
IVS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 24, 2023 | Jul 24, 2023 | Jul 24, 2023 | 0.110€ | 2.32% |
| 2 | Sep 19, 2022 | Sep 19, 2022 | Sep 19, 2022 | 0.110€ | 2.75% |
| 3 | Jul 08, 2019 | Jul 08, 2019 | Jul 08, 2019 | 0.259€ | 2.61% |
| 4 | Jul 09, 2018 | Jul 09, 2018 | Jul 09, 2018 | 0.242€ | 2.06% |
| 5 | Jul 10, 2017 | Jul 10, 2017 | Jul 10, 2017 | 0.207€ | 1.62% |
FAQ
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