LVMH MOET HENN L VUT Stock Forecast
LVMH MOET HENN L VUT stock price up 0.513% on Thursday
(Updated on Mar 28, 2024)
The LVMH MOET HENN L VUT stock price gained 0.513% on the last trading day (Thursday, 28th Mar 2024), rising from $899.41 to $904.03. During the last trading day the stock fluctuated 1.12% from a day low at $900.00 to a day high of $910.10. The price has fallen in 7 of the last 10 days and is down by -5.04% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately $2.06 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $884.65 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 28.08% during the next 3 months and, with a 90% probability hold a price between $1,133.02 and $1,264.73 at the end of this 3-month period.
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LVMHF Signals & Forecast
There are mixed signals in the stock today. The LVMH MOET HENN L VUT stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $907.02. On a fall, the stock will find some support from the short-term average at $903.09. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, March 14, 2024, and so far it has fallen -5.04%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for LVMH MOET HENN L VUT stock
On the downside, the stock finds support just below today's level from accumulated volume at $731.21 and $725.00. 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, LVMH MOET HENN L VUT finds support just below today's level at $731.21. If this is broken, then the next support from accumulated volume will be at $725.00 and $707.21.
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 $10.10 (1.12%) between high and low. For the last week, the stock has had daily average volatility of 1.31%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LVMHF) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect LVMH MOET HENN L VUT to open at $904.71, and during the day (based on 14 day Average True Range), to move between $886.58 and $921.48, which gives a possible trading interval of +/-$17.45 (+/-1.93%) up or down from last closing price. If LVMH MOET HENN L VUT takes out the full calculated possible swing range there will be an estimated 3.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $918.57 (1.61%) than the support at $731.21 (19.12%), 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 LVMH MOET HENN L VUT stock A Buy?
LVMH MOET HENN L VUT holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.913 Sell Candidate Unchanged
Predicted Opening Price for LVMH MOET HENN L VUT of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$904.71 ( 0.0751%) | $904.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LVMHF
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 914.81 | 1.19 % | |
R2 | 910.95 | 0.766 % | ||
R1 | 908.57 | 0.502 % | ||
Current price: | 904.03 | |||
Support | S1 | 900.85 | -0.352 % | |
S2 | 898.47 | -0.615 % | ||
S3 | 894.61 | -1.04 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 935.00 | 3.43 % | |
R2 | 932.00 | 3.09 % | ||
R1 | 918.57 | 1.61 % | ||
Current price | 904.03 | |||
Support | S1 | 731.21 | -19.12% | |
S2 | 725.00 | -19.80% | ||
S3 | 707.21 | -21.77% |
LVMHF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 23, 2024 | Apr 23, 2024 | Apr 23, 2024 | $0 | 0% |
2 | Dec 04, 2023 | Dec 04, 2023 | Dec 04, 2023 | $0 | 0% |
3 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | $7.73 | 0.797% |
4 | Dec 01, 2022 | Dec 01, 2022 | Dec 01, 2022 | $5.20 | 0.692% |
5 | Apr 26, 2022 | Apr 26, 2022 | Apr 26, 2022 | $7.50 | 1.16% |
FAQ
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