Marie Brizard Wine & Spirits SA Stock Forecast
Green day on Friday for Marie Brizard Wine & Spirits SA stock after gaining 0.95%
(Updated on May 17, 2024)
The Marie Brizard Wine & Spirits SA stock price gained 0.95% on the last trading day (Friday, 17th May 2024), rising from 3.17€ to 3.20€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.91% from a day low at 3.14€ to a day high of 3.20€. The price has risen in 6 of the last 10 days and is up by 1.91% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 17 thousand more shares were traded than the day before. In total, 28 thousand shares were bought and sold for approximately 89.39€ thousand.
The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.47% during the next 3 months and, with a 90% probability hold a price between 3.17€ and 3.36€ at the end of this 3-month period.
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MBWS.PA Signals & Forecast
Mostly positive signals in the chart today. The Marie Brizard Wine & Spirits SA 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 3.13€ and 3.09€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 6.67%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Marie Brizard Wine & Spirits SA has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Marie Brizard Wine & Spirits SA stock
Marie Brizard Wine & Spirits SA finds support from accumulated volume at 3.09€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.0600€ between high and low, or 1.91%. For the last week the stock has had daily average volatility of 1.48%.
Our recommended stop-loss: 3.08€ (-3.70%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 45 days ago.)
Trading Expectations (MBWS.PA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Marie Brizard Wine & Spirits SA to open at 3.18€, and during the day (based on 14 day Average True Range), to move between 3.14€ and 3.26€, which gives a possible trading interval of +/-0.0596€ (+/-1.86%) up or down from last closing price. If Marie Brizard Wine & Spirits SA takes out the full calculated possible swing range there will be an estimated 3.72% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 3.09€, some 0.110€ (3.44%) from the current price of 3.20€, our system finds the risk reward attractive.
Is Marie Brizard Wine & Spirits SA 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 Marie Brizard Wine & Spirits SA stock to perform well in the short-term.
Current score: 3.255 Buy Candidate Unchanged
Predicted Opening Price for Marie Brizard Wine & Spirits SA of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 3.18€ ( 0.625%) | 3.20€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MBWS.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.24 | 1.25 % | |
| R2 | 3.22 | 0.534 % | ||
| R1 | 3.20 | 0.0912 % | ||
| Current price: | 3.20 | |||
| Support | S1 | 3.16 | -1.34 % | |
| S2 | 3.14 | -1.78 % | ||
| S3 | 3.12 | -2.50 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 3.20 | |||
| Support | S1 | 3.09 | -3.44% | |
| S2 | 3.08 | -3.75% | ||
| S3 | 3.05 | -4.69% |
MBWS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 23, 2008 | Sep 12, 2008 | Sep 17, 2008 | 0.0478€ | 0.0768% |
| 2 | May 25, 2007 | Sep 27, 2007 | Sep 27, 2007 | 0.478€ | 0.317% |
| 3 | May 23, 2006 | Jul 17, 2006 | Jul 17, 2006 | 0.478€ | 0.288% |
| 4 | May 16, 2005 | Jul 15, 2005 | Jul 15, 2005 | 0.96€ | 0.94% |
| 5 | May 14, 2004 | Jul 15, 2004 | Jul 15, 2004 | 1.44€ | 1.87% |
FAQ
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