L.D.C. S.A. Stock Forecast

Green day on Friday for L.D.C. S.A. stock after gaining 1.03%
(Updated on May 03, 2024)

LOUP.PA Signals & Forecast

The L.D.C. S.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 148.07€. On a fall, the stock will find some support from the long-term average at approximately 139.53€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 -3.62%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Monday, March 04, 2024 in the short-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 L.D.C. S.A. stock

On the downside, the stock finds support just below today's level from accumulated volume at 136.50€ and 135.50€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, L.D.C. S.A. finds support just below today's level at 136.50€. If this is broken, then the next support from accumulated volume will be at 135.50€ and 126.50€.

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 2.00€ between high and low, or 1.37%. For the last week the stock has had daily average volatility of 2.31%.

Our recommended stop-loss: 139.89€ (-4.51%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (LOUP.PA) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect L.D.C. S.A. to open at 146.83€, and during the day (based on 14 day Average True Range), to move between 143.80€ and 149.20€, which gives a possible trading interval of +/-2.70€ (+/-1.84%) up or down from last closing price. If L.D.C. S.A. takes out the full calculated possible swing range there will be an estimated 3.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 148.50€ (1.37%) than the support at 136.50€ (6.83%), 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 L.D.C. S.A. 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 L.D.C. S.A. stock to perform well in the short-term.

Current score: 1.169 Buy Candidate Unchanged

Predicted Opening Price for L.D.C. S.A. of Monday, May 6, 2024

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