Imerys SA Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Imerys SA stock price after Monday trading.
(Updated on May 06, 2024)
No changes to the price of Imerys SA stock on the last trading day (Monday, 6th May 2024). During the last trading day the stock fluctuated 0% from a day low at 34.34€ to a day high of 34.34€. The price has risen in 6 of the last 10 days and is up by 15.78% over the past 2 weeks.
The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 34.34€ will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Imerys SA stock with a 90% probability to be traded between 29.34€ and 34.40€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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NK.PA Signals & Forecast
The Imerys 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 32.04€ and 30.68€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Imerys SA stock
Imerys SA finds support from accumulated volume at 34.10€ 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 therefore the general risk is considered very 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 2.74%
Our recommended stop-loss: 33.13€ (-3.52%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (NK.PA) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Imerys SA to open at 34.34€, and during the day (based on 14 day Average True Range), to move between 33.50€ and 35.18€, which gives a possible trading interval of +/-0.84€ (+/-2.44%) up or down from last closing price. If Imerys SA takes out the full calculated possible swing range there will be an estimated 4.89% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 34.10€, some 0.240€ (0.70%) from the current price of 34.34€, our system finds the risk reward attractive.
Is Imerys SA stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Imerys SA stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.267 Buy Candidate Upgraded
Predicted Opening Price for Imerys SA of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| 34.34€ ( 0%) | 34.34€ |
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 | 34.34 | . | |
| R2 | 34.34 | . | ||
| R1 | 34.34 | . | ||
| Current price: | 34.34 | |||
| Support | S1 | 34.34 | . | |
| S2 | 34.34 | . | ||
| S3 | 34.34 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 34.34 | |||
| Support | S1 | 34.10 | -0.699% | |
| S2 | 31.58 | -8.04% | ||
| S3 | 30.92 | -9.96% |
NK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 21, 2024 | May 21, 2024 | May 23, 2024 | 1.35€ | 3.86% |
| 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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