USU Software AG Stock Forecast
Weaker technical forecast for USU Software AG as stock downgraded to Hold/Accumulate.
(Updated on May 20, 2024)
The USU Software AG stock price fell by -0.272% on the last day (Monday, 20th May 2024) from 18.40€ to 18.35€. During the last trading day the stock fluctuated 0.546% from a day low at 18.30€ to a day high of 18.40€. The price has risen in 4 of the last 10 days and is up by 1.66% 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 -117 thousand shares and in total, 26 thousand shares were bought and sold for approximately 468.46€ thousand.
The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 18.44€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.34% during the next 3 months and, with a 90% probability hold a price between 19.86€ and 21.27€ at the end of this 3-month period.
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OSP2.DE Signals & Forecast
The USU Software AG 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 18.23€ and 17.42€. A breakdown below any of these levels will issue sell signals. 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 17, 2024, and so far it has fallen -0.272%. Further fall is indicated until a new bottom pivot has been found. 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 USU Software AG stock
USU Software AG finds support from accumulated volume at 18.30€ 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 0.1000€ between high and low, or 0.546%. For the last week the stock has had daily average volatility of 0.769%.
Our recommended stop-loss: 17.59€ (-4.12%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 54 days ago.)
Trading Expectations (OSP2.DE) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect USU Software AG to open at 18.35€, and during the day (based on 14 day Average True Range), to move between 18.17€ and 18.53€, which gives a possible trading interval of +/-0.179€ (+/-0.98%) up or down from last closing price. If USU Software AG takes out the full calculated possible swing range there will be an estimated 1.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 18.40€ (0.27%) than the support at 18.30€ (0.27%), 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.
Earnings coming up
USU Software AG will release earnings BMO on Thursday, May 23, 2024. We will update the financials statements for USU Software AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.16% in the first trading day after earnings release.
Is USU Software AG stock A Buy?
USU Software AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.
Current score: 0.557 Hold/Accumulate Downgraded
Predicted Opening Price for USU Software AG of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| 18.35€ ( 0%) | 18.35€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for OSP2.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 18.45 | 0.545 % | |
| R2 | 18.41 | 0.337 % | ||
| R1 | 18.39 | 0.208 % | ||
| Current price: | 18.35 | |||
| Support | S1 | 18.31 | -0.208 % | |
| S2 | 18.29 | -0.337 % | ||
| S3 | 18.25 | -0.545 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 18.40 | 0.272 % | ||
| Current price | 18.35 | |||
| Support | S1 | 18.30 | -0.272% | |
| S2 | 18.20 | -0.82% | ||
| S3 | 16.50 | -10.08% |
OSP2 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 03, 2024 | Jul 03, 2024 | Jul 05, 2024 | 0.550€ | 2.98% |
| 2 | Jun 21, 2023 | Jun 21, 2023 | Jun 21, 2023 | 0.550€ | 2.34% |
| 3 | Jul 04, 2022 | Jul 04, 2022 | Jul 04, 2022 | 0.500€ | 2.79% |
| 4 | Jul 07, 2021 | Jul 07, 2021 | Jul 07, 2021 | 0.400€ | 1.62% |
| 5 | Mar 26, 2020 | Jun 29, 2020 | Jul 01, 2020 | 0.400€ | 2.11% |
FAQ
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