Koninklijke KPN N.V. Stock Forecast

Koninklijke KPN N.V. stock downgraded to Sell Candidate
(Updated on Apr 25, 2024)

KKPNY Signals & Forecast

There are mixed signals in the stock today. The Koninklijke KPN N.V. 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 $3.63. On a fall, the stock will find some support from the short-term average at $3.56. 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. A sell signal was issued from a pivot top point on Monday, April 01, 2024, and so far it has fallen -2.69%. 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). 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 stock had a Golden Star Signal on Tuesday, January 09, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Koninklijke KPN N.V. stock

Koninklijke KPN N.V. finds support from accumulated volume at $3.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.0800 (2.23%) between high and low. For the last week, the stock has had daily average volatility of 2.21%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (KKPNY) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect Koninklijke KPN N.V. to open at $3.63, and during the day (based on 14 day Average True Range), to move between $3.55 and $3.69, which gives a possible trading interval of +/-$0.0709 (+/-1.96%) up or down from last closing price. If Koninklijke KPN N.V. takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.65 (0.84%) than the support at $3.49 (3.59%), 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 Koninklijke KPN N.V. stock A Buy?

Koninklijke KPN N.V. 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: -1.340 Sell Candidate Downgraded

Predicted Opening Price for Koninklijke KPN N.V. of Friday, April 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.