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

Red day on Friday for L.D.C. S.A. stock after losing 0.338%
(Updated on May 17, 2024)

LOUP.PA Signals & Forecast

The L.D.C. S.A. 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 147.29€ and 143.00€. A breakdown below any of these levels will issue sell signals. 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 -2.96%. 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 fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. 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 140.00€ and 136.50€. 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 140.00€. If this is broken, then the next support from accumulated volume will be at 136.50€ and 135.50€.

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 1.50€ between high and low, or 1.02%. For the last week the stock has had daily average volatility of 3.01%.

Our recommended stop-loss: 140.93€ (-4.45%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (LOUP.PA) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect L.D.C. S.A. to open at 148.00€, and during the day (based on 14 day Average True Range), to move between 144.46€ and 150.54€, which gives a possible trading interval of +/-3.04€ (+/-2.06%) 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 4.12% 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€ (0.68%) than the support at 140.00€ (5.08%), 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: 2.704 Buy Candidate Unchanged

Predicted Opening Price for L.D.C. S.A. of Monday, May 20, 2024

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