lastminute.com N.V. Stock Forecast

lastminute.com N.V. stock price ended at 22.00 Fr on Friday, after losing 0%.
(Updated on May 17, 2024)

LMN.SW Signals & Forecast

The lastminute.com N.V. 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 21.83 Fr and 20.97 Fr. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Monday, April 29, 2024, and so far it has fallen -0.452%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for lastminute.com N.V. stock

lastminute.com N.V. finds support from accumulated volume at 21.45 Fr 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.450 Fr between high and low, or 2.06%. For the last week the stock has had daily average volatility of 1.61%.

Our recommended stop-loss: 21.17 Fr (-3.79%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (LMN.SW) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect lastminute.com N.V. to open at 22.02 Fr, and during the day (based on 14 day Average True Range), to move between 21.34 Fr and 22.66 Fr, which gives a possible trading interval of +/-0.664 Fr (+/-3.02%) up or down from last closing price. If lastminute.com N.V. takes out the full calculated possible swing range there will be an estimated 6.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 22.10 Fr (0.45%) than the support at 21.45 Fr (2.50%), 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 lastminute.com N.V. stock A Buy?

lastminute.com N.V. 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.

Current score: 0.139 Hold/Accumulate Unchanged

Predicted Opening Price for lastminute.com N.V. of Tuesday, May 21, 2024

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