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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LIN.F
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Linde plc stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Jun 20, 2024)

Buy or Hold candidate since Jun 10, 2024 Gain 2.69% PDF

The Linde plc stock price gained 1.33% on the last trading day (Thursday, 20th Jun 2024), rising from 407.20€ to 412.60€. During the last trading day the stock fluctuated 1.77% from a day low at 406.40€ to a day high of 413.60€. The price has risen in 6 of the last 10 days and is up by 3.67% 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, 11 thousand more shares were traded than the day before. In total, 26 thousand shares were bought and sold for approximately 10.75€ million.

Given the current short-term trend, the stock is expected to fall -7.37% during the next 3 months and, with a 90% probability hold a price between 341.71€ and 382.21€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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LIN.F Signals & Forecast

The Linde plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 406.91€ and 400.13€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 6.50%. 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 is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Linde plc stock

Linde plc finds support from accumulated volume at 407.20€ 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 7.20€ between high and low, or 1.77%. For the last week the stock has had daily average volatility of 1.47%.

The Linde plc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: 398.57€ (-3.40%) (This stock has low daily movements and this gives low risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from a pivot bottom found 67 days ago.)

Trading Expectations (LIN.F) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Linde plc to open at 410.87€, and during the day (based on 14 day Average True Range), to move between 406.96€ and 418.24€, which gives a possible trading interval of +/-5.64€ (+/-1.37%) up or down from last closing price. If Linde plc takes out the full calculated possible swing range there will be an estimated 2.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 417.60€ (1.21%) than the support at 407.20€ (1.31%), 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 Linde plc stock A Buy?

Linde plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Linde plc of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
410.87€ ( 0.420%) 412.60€

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

Trading levels for LIN.F

Fibonacci Support & Resistance Levels

Level Price
R3 418.07 1.32%
R2 415.32 0.658%
R1 413.62 0.247%
Price 412.60
S1 408.12 -1.09%
S2 406.42 -1.50%
S3 403.67 -2.17%

Accumulated Volume Support & Resistance Levels

Level Price
R3 429.20 4.02%
R2 421.00 2.04%
R1 417.60 1.21%
Price 412.60
S1 407.20 -1.31%
S2 392.20 -4.94%
S3 387.40 -6.11%

LIN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 04, 2024 Jun 04, 2024 Jun 18, 2024 1.29€ 0%
2 Mar 13, 2024 Mar 13, 2024 Mar 28, 2024 1.28€ 0%
3 Dec 01, 2023 Dec 01, 2023 Dec 01, 2023 1.28€ 0%
4 Sep 01, 2023 Sep 01, 2023 Sep 01, 2023 1.28€ 0%
5 Jun 01, 2023 Jun 01, 2023 Jun 01, 2023 1.28€ 0%

FAQ

What is the symbol for Linde plc Stock and on which exchange is it traded?
The symbol for Linde plc is LIN.F and it is traded on the FRA (Frankfurt Stock Exchange).

Should I buy or sell Linde plc Stock?
Linde plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Linde plc Stock?
Linde plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Linde plc Stock.

What's the current price of Linde plc Stock?
As of the end of day on the Jun 20, 2024, the price of an Linde plc (LIN.F) share was 412.60€.

What is the 52-week high and low for Linde plc Stock?
The 52-week high for Linde plc Stock is 437.60€ and the 52-week low is 329.35€.

What is the market capitalization of Linde plc Stock?
As of the Jun 20, 2024, the market capitalization of Linde plc is 198.343B.
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About Linde plc

Linde plc Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas... LIN.F Profile

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