PDG Realty S.A. Empreendimentos e Stock Forecast
Green day on Friday for PDG Realty S.A. Empreendimentos e
(Updated on May 17, 2024)
The PDG Realty S.A. Empreendimentos e stock price gained 4.35% on the last trading day (Friday, 17th May 2024), rising from R$0.230 to R$0.240. During the last trading day the stock fluctuated 8.70% from a day low at R$0.230 to a day high of R$0.250. The price has risen in 4 of the last 10 days and is up by 20% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 869 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately R$678.26 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -31.84% during the next 3 months and, with a 90% probability hold a price between R$0.123 and R$0.179 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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PDGR3.SA Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has risen 20.00%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). PDG Realty S.A. Empreendimentos e has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The PDG Realty S.A. Empreendimentos e 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 R$0.251. On a fall, the stock will find some support from the short-term average at R$0.226. 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.
Support, Risk & Stop-loss for PDG Realty S.A. Empreendimentos e stock
PDG Realty S.A. Empreendimentos e finds support from accumulated volume at R$0.230 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved R$0.0200 between high and low, or 8.70%. For the last week, the stock has had daily average volatility of 9.27%.
Our recommended stop-loss: R$0.231 (-3.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (PDGR3.SA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect PDG Realty S.A. Empreendimentos e Participações to open at R$0.240, and during the day (based on 14 day Average True Range), to move between R$0.219 and R$0.261, which gives a possible trading interval of +/-R$0.0205 (+/-8.56%) up or down from last closing price. If PDG Realty S.A. Empreendimentos e Participações takes out the full calculated possible swing range there will be an estimated 17.12% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at R$0.230 (4.17%) than the resistance at R$0.250 (4.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PDG Realty S.A. Empreendimentos e Participações stock A Buy?
PDG Realty S.A. Empreendimentos e 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.
Current score: 0.853 Hold/Accumulate Unchanged
Predicted Opening Price for PDG Realty S.A. Empreendimentos e Participações of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| R$0.240 ( 0%) | R$0.240 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PDGR3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.260 | 8.33 % | |
| R2 | 0.252 | 5.15 % | ||
| R1 | 0.248 | 3.18 % | ||
| Current price: | 0.240 | |||
| Support | S1 | 0.232 | -3.18 % | |
| S2 | 0.228 | -5.15 % | ||
| S3 | 0.220 | -8.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.290 | 20.83 % | |
| R2 | 0.280 | 16.67 % | ||
| R1 | 0.250 | 4.17 % | ||
| Current price | 0.240 | |||
| Support | S1 | 0.230 | -4.17% | |
| S2 | 0.220 | -8.33% | ||
| S3 | 0.210 | -12.50% |
PDGR3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2012 | May 09, 2012 | May 09, 2012 | R$6,742.30 | 297.58% |
| 2 | Apr 27, 2011 | Apr 27, 2011 | Apr 27, 2011 | R$7,636.68 | 176.43% |
| 3 | Apr 30, 2010 | Apr 30, 2010 | Apr 30, 2010 | R$4,648.35 | 129.06% |
| 4 | May 04, 2009 | May 04, 2009 | May 04, 2009 | R$1,133.09 | 46.71% |
| 5 | Apr 30, 2008 | Apr 30, 2008 | Apr 30, 2008 | R$652.98 | 23.77% |
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