IVS Group S.A. Stock Forecast
Evaluation of IVS Group S.A. stock downgraded after the last trading session.
(Updated on Jun 28, 2024)
The IVS Group S.A. stock price fell by -0.279% on the last day (Friday, 28th Jun 2024) from 7.16€ to 7.14€. During the last trading day the stock fluctuated 0% from a day low at 7.14€ to a day high of 7.14€. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased on the last day by 39 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 43 thousand shares were bought and sold for approximately 304.83€ thousand.
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 6.03% during the next 3 months and, with a 90% probability hold a price between 7.18€ and 8.02€ 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.
IVS.MI Signals & Forecast
There are few to no technical positive signals at the moment. The IVS Group S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 7.14€ and 7.15€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 27, 2024, and so far it has fallen -0.279%. 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). IVS Group S.A. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
A sell signal from a double top formation was found on Thursday, June 27, 2024 and based on theory for this formation the price should fall by -4.67% to 6.81€ within 54 trading days since signal was issued (Thursday, September 12, 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.168%.
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 Monday 1st
For the upcoming trading day on Monday, 1st we expect IVS Group S.A. to open at 7.14€, 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 +/-0.0289€ (+/-0.41%) 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 0.81% 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?
The IVS Group S.A. stock holds several negative signals and despite the positive trend, we believe IVS Group S.A. will perform weakly in the next couple of days or weeks. Therefore, we 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 Strong Buy to a Sell candidate.
Current score: -2.985 Sell Candidate Downgraded
Predicted Opening Price for IVS Group S.A. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 7.14€ ( 0%) | 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 | 7.14 | - |
| R2 | 7.14 | - |
| R1 | 7.14 | - |
| Price | 7.14 | |
| S1 | 7.14 | - |
| S2 | 7.14 | - |
| S3 | 7.14 | - |
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
Click here for our free guide on how to buy IVS Group S.A. Stock.
