Per Aarsleff Holding A/S Stock Forecast
Per Aarsleff Holding A/S stock price ended at kr383.00 on Tuesday, after losing 0.519%.
(Updated on Jul 02, 2024)
The Per Aarsleff Holding A/S stock price fell by -0.519% on the last day (Tuesday, 2nd Jul 2024) from kr385.00 to kr383.00. During the last trading day the stock fluctuated 1.45% from a day low at kr380.50 to a day high of kr386.00. The price has fallen in 5 of the last 10 days and is down by -2.05% for this period. Volume has increased on the last day by 266 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 9 thousand shares were bought and sold for approximately kr3.49 million.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 24.70% during the next 3 months and, with a 90% probability hold a price between kr467.22 and kr507.20 at the end of this 3-month period.
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PAAL-B.CO Signals & Forecast
A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -3.28%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Per Aarsleff Holding A/S stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately kr384.21. On a fall, the stock will find some support from the long-term average at approximately kr377.24. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for Per Aarsleff Holding A/S stock
Per Aarsleff Holding A/S finds support from accumulated volume at kr376.50 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved kr5.50 between high and low, or 1.45%. For the last week the stock has had daily average volatility of 1.69%.
Our recommended stop-loss: kr368.13 (-3.88%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (PAAL-B.CO) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Per Aarsleff Holding A/S to open at kr383.17, and during the day (based on 14 day Average True Range), to move between kr375.56 and kr390.44, which gives a possible trading interval of +/-kr7.44 (+/-1.94%) up or down from last closing price. If Per Aarsleff Holding A/S takes out the full calculated possible swing range there will be an estimated 3.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr385.00 (0.52%) than the support at kr376.50 (1.70%), 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 Per Aarsleff Holding A/S stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.245 Buy Candidate Unchanged
Predicted Opening Price for Per Aarsleff Holding A/S of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| kr383.17 ( 0.0435%) | kr383.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PAAL-B.CO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 388.67 | 1.48% |
| R2 | 386.57 | 0.93% |
| R1 | 385.27 | 0.592% |
| Price | 383.00 | |
| S1 | 381.07 | -0.505% |
| S2 | 379.77 | -0.84% |
| S3 | 377.67 | -1.39% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 387.50 | 1.17% |
| R2 | 386.50 | 0.91% |
| R1 | 385.00 | 0.522% |
| Price | 383.00 | |
| S1 | 376.50 | -1.70% |
| S2 | 370.00 | -3.39% |
| S3 | 360.00 | -6.01% |
PAAL-B Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 30, 2024 | Jan 30, 2024 | Feb 01, 2024 | kr10.00 | 3.19% |
| 2 | Jan 27, 2023 | Jan 27, 2023 | Jan 27, 2023 | kr8.00 | 2.79% |
| 3 | Feb 01, 2022 | Feb 01, 2022 | Feb 01, 2022 | kr8.00 | 2.72% |
| 4 | Jan 28, 2021 | Jan 28, 2021 | Jan 28, 2021 | kr6.50 | 2.25% |
| 5 | Jan 31, 2020 | Jan 31, 2020 | Jan 31, 2020 | kr5.50 | 2.68% |
FAQ
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