Grupo Aeroportuario del Pacifico (ADR) Stock Forecast
Red day on Wednesday for Grupo Aeroportuario del Pacifico (ADR)
(Updated on Jun 19, 2024)
No changes to the price of Grupo Aeroportuario del Pacifico (ADR) stock on the last trading day (Wednesday, 19th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at £382.00 to a day high of £382.00. The price has risen in 6 of the last 10 days and is up by 6.11% over the past 2 weeks.
The stock lies in the middle of a weak 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 7.94% during the next 3 months and, with a 90% probability hold a price between £393.68 and £417.55 at the end of this 3-month period.
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PAC.L Signals & Forecast
The Grupo Aeroportuario del Pacifico (ADR) 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 £377.57 and £371.91. 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 Tuesday, June 18, 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 Grupo Aeroportuario del Pacifico (ADR) stock
Grupo Aeroportuario del Pacifico (ADR) finds support from accumulated volume at £376.00 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 1.66%
Our recommended stop-loss: £368.02 (-3.66%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)
Trading Expectations (PAC.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Grupo Aeroportuario del Pacifico (ADR) to open at £382.00, and during the day (based on 14 day Average True Range), to move between £373.58 and £390.42, which gives a possible trading interval of +/-£8.42 (+/-2.20%) up or down from last closing price. If Grupo Aeroportuario del Pacifico (ADR) takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £376.00, some £6.00 (1.57%) from the current price of £382.00, our system finds the risk reward attractive.
Is Grupo Aeroportuario del Pacifico (ADR) stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Grupo Aeroportuario del Pacifico (ADR) stock to perform well in the short-term.
Current score: 3.265 Buy Candidate Unchanged
Predicted Opening Price for Grupo Aeroportuario del Pacifico (ADR) of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £382.00 ( 0%) | £382.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PAC.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 382.00 | - |
| R2 | 382.00 | - |
| R1 | 382.00 | - |
| Price | 382.00 | |
| S1 | 382.00 | - |
| S2 | 382.00 | - |
| S3 | 382.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 382.00 | |
| S1 | 376.00 | -1.57% |
| S2 | 373.00 | -2.36% |
| S3 | 351.00 | -8.12% |
PAC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 13, 2024 | Jun 13, 2024 | Jul 12, 2024 | £4.00 | 1.05% |
| 2 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | £2.30 | 0.623% |
| 3 | May 10, 2022 | Jun 09, 2022 | Jul 01, 2022 | £1.90 | 0.606% |
| 4 | Apr 30, 2021 | May 13, 2021 | Jul 05, 2021 | £2.40 | 0.690% |
| 5 | Apr 07, 2020 | May 28, 2020 | Jul 02, 2020 | £3.00 | 1.14% |
FAQ
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