lastminute.com N.V. Stock Forecast

lastminute.com N.V. stock price ended at 20.45 Fr on Friday, after losing 1.21%.
(Updated on May 31, 2024)

LMN.SW Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 0.739%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The lastminute.com N.V. 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 20.90 Fr and 20.94 Fr. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). lastminute.com N.V. 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". 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 20.10 Fr 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 0.250 Fr (1.22%) between high and low. For the last week, the stock has had daily average volatility of 2.44%.

Our recommended stop-loss: 19.37 Fr (-5.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 21 days ago.)

Trading Expectations (LMN.SW) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect lastminute.com N.V. to open at 20.53 Fr, and during the day (based on 14 day Average True Range), to move between 19.86 Fr and 21.04 Fr, which gives a possible trading interval of +/-0.591 Fr (+/-2.89%) 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 5.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 20.10 Fr (1.71%) than the resistance at 21.00 Fr (2.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is lastminute.com N.V. stock A Buy?

lastminute.com N.V. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.028 Hold/Accumulate Unchanged

Predicted Opening Price for lastminute.com N.V. of Monday, June 3, 2024

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