Nemetschek SE Stock Forecast
Nemetschek SE stock price ended at 87.50€ on Thursday, after gaining 0.0572%.
(Updated on May 16, 2024)
The Nemetschek SE stock price gained 0.0572% on the last trading day (Thursday, 16th May 2024), rising from 87.45€ to 87.50€. 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 2.06% from a day low at 87.50€ to a day high of 89.30€. The price has risen in 8 of the last 10 days and is up by 9.38% 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, 38 thousand more shares were traded than the day before. In total, 135 thousand shares were bought and sold for approximately 11.85€ million.
The stock lies in the middle of a wide and 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 -4.54% during the next 3 months and, with a 90% probability hold a price between 74.71€ and 86.52€ 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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NEM.F Signals & Forecast
Mostly positive signals in the chart today. The Nemetschek SE 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 85.59€ and 85.34€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 9.38%. 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). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Nemetschek SE stock
Nemetschek SE finds support from accumulated volume at 86.94€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 1.80€ (2.06%) between high and low. For the last week, the stock has had daily average volatility of 2.19%.
Our recommended stop-loss: 84.21€ (-3.77%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (NEM.F) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Nemetschek SE to open at 88.10€, and during the day (based on 14 day Average True Range), to move between 85.37€ and 89.63€, which gives a possible trading interval of +/-2.13€ (+/-2.44%) up or down from last closing price. If Nemetschek SE takes out the full calculated possible swing range there will be an estimated 4.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 88.00€ (0.57%) than the support at 86.94€ (0.64%), 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 Nemetschek SE stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.938 Buy Candidate Unchanged
Predicted Opening Price for Nemetschek SE of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| 88.10€ ( 0.686%) | 87.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NEM.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 89.90 | 2.74 % | |
| R2 | 89.21 | 1.96 % | ||
| R1 | 88.79 | 1.47 % | ||
| Current price: | 87.50 | |||
| Support | S1 | 87.41 | -0.100 % | |
| S2 | 86.99 | -0.586 % | ||
| S3 | 86.30 | -1.37 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 89.94 | 2.79 % | |
| R2 | 88.18 | 0.777 % | ||
| R1 | 88.00 | 0.571 % | ||
| Current price | 87.50 | |||
| Support | S1 | 86.94 | -0.640% | |
| S2 | 83.56 | -4.50% | ||
| S3 | 83.55 | -4.51% |
NEM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 24, 2024 | May 24, 2024 | May 28, 2024 | 0.480€ | 0% |
| 2 | May 23, 2024 | May 23, 2024 | May 23, 2024 | 0€ | 0% |
| 3 | May 24, 2023 | May 24, 2023 | May 24, 2023 | 0.450€ | 0% |
| 4 | May 13, 2022 | May 13, 2022 | May 13, 2022 | 0.390€ | 0% |
| 5 | May 13, 2021 | May 13, 2021 | May 13, 2021 | 0.300€ | 0% |
FAQ
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