14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NOEJ.F
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Weaker technical forecast for NORMA Group SE as stock downgraded to Sell Candidate.
(Updated on Jun 25, 2024)

Sell candidate since Jun 25, 2024 PDF

The NORMA Group SE stock price fell by -0.115% on the last day (Tuesday, 25th Jun 2024) from 17.44€ to 17.42€. During the last trading day the stock fluctuated 1.04% from a day low at 17.30€ to a day high of 17.48€. The price has fallen in 6 of the last 10 days and is down by -8.32% 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 -45 thousand shares and in total, 26 thousand shares were bought and sold for approximately 450.92€ thousand.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 17.20€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.97% during the next 3 months and, with a 90% probability hold a price between 17.71€ and 20.46€ at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

NOEJ.F Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 21, 2024, and so far it has risen 1.40%. 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 NORMA Group SE stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 18.74€. On a fall, the stock will find some support from the short-term average at 17.33€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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.

Support, Risk & Stop-loss for NORMA Group SE stock

NORMA Group SE finds support from accumulated volume at 17.20€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.180€ between high and low, or 1.04%. For the last week the stock has had daily average volatility of 3.14%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NOEJ.F) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect NORMA Group SE to open at 17.40€, and during the day (based on 14 day Average True Range), to move between 16.91€ and 17.93€, which gives a possible trading interval of +/-0.515€ (+/-2.95%) up or down from last closing price. If NORMA Group SE takes out the full calculated possible swing range there will be an estimated 5.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 17.20€ (1.26%) than the resistance at 18.12€ (4.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NORMA Group SE stock A Buy?

NORMA Group SE holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.404 Sell Candidate Downgraded

Predicted Opening Price for NORMA Group SE of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
17.40€ ( 0.115%) 17.42€

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NOEJ.F

Fibonacci Support & Resistance Levels

Level Price
R3 17.58 0.92%
R2 17.51 0.524%
R1 17.47 0.280%
Price 17.42
S1 17.33 -0.510%
S2 17.29 -0.753%
S3 17.22 -1.15%

Accumulated Volume Support & Resistance Levels

Level Price
R3 19.00 9.07%
R2 18.36 5.40%
R1 18.12 4.02%
Price 17.42
S1 17.20 -1.26%
S2 16.90 -2.99%
S3 16.82 -3.44%

NOEJ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 17, 2024 May 17, 2024 May 21, 2024 0.450€ 0%
2 May 12, 2023 May 12, 2023 May 12, 2023 0.550€ 0%
3 May 30, 2022 May 30, 2022 May 30, 2022 0.750€ 0%
4 May 18, 2022 May 18, 2022 May 18, 2022 0.750€ 0%
5 May 21, 2021 May 21, 2021 May 21, 2021 0.700€ 0%

FAQ

What is the symbol for NORMA Group SE Stock and on which exchange is it traded?
The symbol for NORMA Group SE is NOEJ.F and it is traded on the FRA (Frankfurt Stock Exchange).

Should I buy or sell NORMA Group SE Stock?
NORMA Group SE holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy NORMA Group SE Stock?
NORMA Group SE Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NORMA Group SE Stock.

What's the current price of NORMA Group SE Stock?
As of the end of day on the Jun 25, 2024, the price of an NORMA Group SE (NOEJ.F) share was 17.42€.

What is the 52-week high and low for NORMA Group SE Stock?
The 52-week high for NORMA Group SE Stock is 19.80€ and the 52-week low is 13.91€.

What is the market capitalization of NORMA Group SE Stock?
As of the Jun 25, 2024, the market capitalization of NORMA Group SE is 555.68M.

When is the next earnings date for NORMA Group SE?
The upcoming earnings date for NORMA Group SE is Aug 13, 2024.
Click to get the best stock tips daily for free!

About NORMA Group SE

NORMA Group SE NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. The company sells its products to distributors, original equipment manufacturer aftermarket customers, technical wholesalers, and hardware stores under the ABA, Breeze, Clamp-Al... NOEJ.F Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT