Imerys SA Stock Forecast
Imerys SA stock price ended at 29.76€ on Thursday, after losing 0.335%.
(Updated on Apr 25, 2024)
The Imerys SA stock price fell by -0.335% on the last day (Thursday, 25th Apr 2024) from 29.86€ to 29.76€. During the last trading day the stock fluctuated 1.28% from a day low at 29.60€ to a day high of 29.98€. The price has risen in 6 of the last 10 days and is up by 1.5% over the past 2 weeks. 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 -4 thousand shares and in total, 28 thousand shares were bought and sold for approximately 819.17€ thousand.
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 -3.63% during the next 3 months and, with a 90% probability hold a price between 27.48€ and 30.10€ at the end of this 3-month period.
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NK.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 11, 2024, and so far it has risen 1.50%. 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 Imerys SA 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 29.78€ and 30.31€. 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.
A buy signal from a double bottom formation was found on Thursday, April 11, 2024 and based on theory for this formation the price should go up by 6.93% to 31.82€ within 28 trading days since signal was issued (Friday, April 26, 2024).
Support, Risk & Stop-loss for Imerys SA stock
Imerys SA finds support from accumulated volume at 29.62€ 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 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 0.380€ between high and low, or 1.28%. For the last week the stock has had daily average volatility of 1.22%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NK.PA) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Imerys SA to open at 29.78€, and during the day (based on 14 day Average True Range), to move between 29.14€ and 30.38€, which gives a possible trading interval of +/-0.619€ (+/-2.08%) up or down from last closing price. If Imerys SA takes out the full calculated possible swing range there will be an estimated 4.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 29.62€ (0.47%) than the resistance at 30.92€ (3.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Imerys SA will release earnings BMO on Tuesday, April 30, 2024. We will update the financials statements for Imerys SA, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.38% in the first trading day after earnings release.
Is Imerys SA stock A Buy?
Imerys SA holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.888 Sell Candidate Unchanged
Predicted Opening Price for Imerys SA of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| 29.78€ ( 0.0672%) | 29.76€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NK.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.16 | 1.34 % | |
| R2 | 30.01 | 0.86 % | ||
| R1 | 29.93 | 0.555 % | ||
| Current price: | 29.76 | |||
| Support | S1 | 29.63 | -0.421 % | |
| S2 | 29.55 | -0.722 % | ||
| S3 | 29.40 | -1.21 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.58 | 6.12 % | |
| R2 | 31.16 | 4.70 % | ||
| R1 | 30.92 | 3.90 % | ||
| Current price | 29.76 | |||
| Support | S1 | 29.62 | -0.470% | |
| S2 | 29.32 | -1.48% | ||
| S3 | 29.24 | -1.75% |
NK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 21, 2024 | May 21, 2024 | May 23, 2024 | 1.35€ | 4.55% |
| 2 | May 15, 2023 | May 15, 2023 | May 15, 2023 | 2.35€ | 7.06% |
| 3 | May 17, 2022 | May 17, 2022 | May 17, 2022 | 1.55€ | 4.55% |
| 4 | May 13, 2021 | May 13, 2021 | May 13, 2021 | 1.15€ | 2.69% |
| 5 | Feb 13, 2020 | May 15, 2020 | Jun 12, 2020 | 1.72€ | 5.67% |
FAQ
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