Invisio AB (publ) Stock Forecast
Invisio AB (publ) stock upgraded to Buy Candidate.
(Updated on May 22, 2024)
The Invisio AB (publ) stock price gained 2.92% on the last trading day (Wednesday, 22nd May 2024), rising from kr240.00 to kr247.00. During the last trading day the stock fluctuated 4.00% from a day low at kr237.50 to a day high of kr247.00. The price has fallen in 5 of the last 10 days but is still up by 6.01% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 37 thousand shares were bought and sold for approximately kr9.23 million.
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 8.20% during the next 3 months and, with a 90% probability hold a price between kr244.38 and kr283.39 at the end of this 3-month period.
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IVSO.ST Signals & Forecast
The Invisio AB (publ) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at kr238.36 and kr240.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, May 13, 2024, and so far it has risen 10.51%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Invisio AB (publ) stock
Invisio AB (publ) finds support from accumulated volume at kr238.00 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved kr9.50 between high and low, or 4.00%. For the last week, the stock has had daily average volatility of 3.79%.
Our recommended stop-loss: kr234.93 (-4.89%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 25 days ago.)
Trading Expectations (IVSO.ST) For The Upcoming Trading Day Of Thursday 23rd
For the upcoming trading day on Thursday, 23rd we expect Invisio AB (publ) to open at kr243.83, and during the day (based on 14 day Average True Range), to move between kr238.00 and kr256.00, which gives a possible trading interval of +/-kr9.00 (+/-3.64%) up or down from last closing price. If Invisio AB (publ) takes out the full calculated possible swing range there will be an estimated 7.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr247.50 (0.20%) than the support at kr238.00 (3.64%), 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 Invisio AB (publ) stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Invisio AB (publ) stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.918 Buy Candidate Upgraded
Predicted Opening Price for Invisio AB (publ) of Thursday, May 23, 2024
| Fair opening price May 23, 2024 | Current price |
|---|---|
| kr243.83 ( 1.28%) | kr247.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IVSO.ST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 253.33 | 2.56 % | |
| R2 | 249.70 | 1.09 % | ||
| R1 | 247.46 | 0.187 % | ||
| Current price: | 247.00 | |||
| Support | S1 | 240.20 | -2.75 % | |
| S2 | 237.96 | -3.66 % | ||
| S3 | 234.33 | -5.13 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 249.50 | 1.01 % | |
| R2 | 248.00 | 0.405 % | ||
| R1 | 247.50 | 0.202 % | ||
| Current price | 247.00 | |||
| Support | S1 | 238.00 | -3.64% | |
| S2 | 234.00 | -5.26% | ||
| S3 | 230.00 | -6.88% |
IVSO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 08, 2024 | May 15, 2024 | kr1.30 | 0.557% |
| 2 | May 05, 2023 | May 05, 2023 | May 05, 2023 | kr0.700 | 0.325% |
| 3 | May 05, 2022 | May 05, 2022 | May 05, 2022 | kr0.700 | 0.433% |
| 4 | Apr 29, 2021 | Apr 29, 2021 | Apr 29, 2021 | kr0.700 | 0.358% |
| 5 | May 06, 2020 | May 06, 2020 | May 06, 2020 | kr0.85 | 0.773% |
FAQ
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