MS Industrie AG Stock Forecast
Red day on Friday for MS Industrie AG stock after losing 0.617%
(Updated on May 17, 2024)
The MS Industrie AG stock price fell by -0.617% on the last day (Friday, 17th May 2024) from 1.62€ to 1.61€. During the last trading day the stock fluctuated 2.55% from a day low at 1.57€ to a day high of 1.61€. The price has fallen in 6 of the last 10 days and is down by -5.29% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 160 shares were bought and sold for approximately 257.60€ .
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.78% during the next 3 months and, with a 90% probability hold a price between 1.29€ and 1.37€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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MSAG.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 15, 2024, and so far it has fallen 0%. 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 MS Industrie AG 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 1.62€ and 1.68€. 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). 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.
Support, Risk & Stop-loss for MS Industrie AG stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved 0.0400€ between high and low, or 2.55%. For the last week the stock has had daily average volatility of 1.51%.
Our recommended stop-loss: 1.51€ (-6.14%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (MSAG.DE) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect MS Industrie AG to open at 1.60€, and during the day (based on 14 day Average True Range), to move between 1.57€ and 1.65€, which gives a possible trading interval of +/-0.0407€ (+/-2.53%) up or down from last closing price. If MS Industrie AG takes out the full calculated possible swing range there will be an estimated 5.06% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 1.64€, some 0.0300€ (1.86%) from the current price of 1.61€, our system finds the risk reward not very attractive.
Earnings coming up
MS Industrie AG will release earnings BMO on Tuesday, May 21, 2024. We will update the financials statements for MS Industrie AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 0.417% in the first trading day after earnings release.
Is MS Industrie AG stock A Buy?
MS Industrie AG 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: -0.978 Hold/Accumulate Unchanged
Predicted Opening Price for MS Industrie AG of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 1.60€ ( 0.83%) | 1.61€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MSAG.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.64 | 1.66 % | |
| R2 | 1.62 | 0.707 % | ||
| R1 | 1.61 | 0.121 % | ||
| Current price: | 1.61 | |||
| Support | S1 | 1.58 | -1.78 % | |
| S2 | 1.57 | -2.36 % | ||
| S3 | 1.56 | -3.31 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.73 | 7.45 % | |
| R2 | 1.65 | 2.48 % | ||
| R1 | 1.64 | 1.86 % | ||
| Current price | 1.61 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
MSAG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2019 | Jun 28, 2019 | Jul 02, 2019 | 0.0600€ | 2.06% |
| 2 | May 02, 2018 | Jun 29, 2018 | Jul 03, 2018 | 0.0300€ | 0.91% |
| 3 | Jul 28, 2008 | Jul 28, 2008 | Jul 28, 2008 | 0.200€ | 13.33% |
| 4 | Jun 01, 2007 | Aug 01, 2007 | Aug 01, 2007 | 0.300€ | 3.76% |
FAQ
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