Gérard Perrier Industrie S.A. Stock Forecast
Gérard Perrier Industrie S.A. stock upgraded from Strong Sell Candidate to Sell Candidate after Thursday trading session.
(Updated on Jun 27, 2024)
No changes to the price of Gérard Perrier Industrie S.A. stock on the last trading day (Thursday, 27th Jun 2024). During the last trading day the stock fluctuated 1.83% from a day low at 87.20€ to a day high of 88.80€. The price has fallen in 6 of the last 10 days and is down by -3.06% for this period.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 88.64€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.64% during the next 3 months and, with a 90% probability hold a price between 80.10€ and 84.28€ 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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PERR.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The Gérard Perrier Industrie S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 90.03€ and 93.79€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Gérard Perrier Industrie S.A. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 1.60€ (1.83%) between high and low. For the last week, the stock has had daily average volatility of 2.56%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PERR.PA) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Gérard Perrier Industrie S.A. to open at 88.27€, and during the day (based on 14 day Average True Range), to move between 87.50€ and 90.10€, which gives a possible trading interval of +/-1.30€ (+/-1.46%) up or down from last closing price. If Gérard Perrier Industrie S.A. takes out the full calculated possible swing range there will be an estimated 2.93% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 91.00€, some 2.20€ (2.48%) from the current price of 88.80€, our system finds the risk reward not very attractive.
Is Gérard Perrier Industrie S.A. stock A Buy?
Gérard Perrier Industrie S.A. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -1.786 Sell Candidate Upgraded
Predicted Opening Price for Gérard Perrier Industrie S.A. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| 88.27€ ( 0.601%) | 88.80€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PERR.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 89.87 | 1.20% |
| R2 | 89.26 | 0.513% |
| R1 | 88.88 | 0.0877% |
| Price | 88.80 | |
| S1 | 87.66 | -1.29% |
| S2 | 87.28 | -1.71% |
| S3 | 86.67 | -2.40% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 97.60 | 9.91% |
| R2 | 97.40 | 9.68% |
| R1 | 91.00 | 2.48% |
| Price | 88.80 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
PERR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 10, 2024 | Jun 10, 2024 | Jun 12, 2024 | 2.30€ | 2.53% |
| 2 | Jun 19, 2023 | Jun 19, 2023 | Jun 19, 2023 | 2.15€ | 2.14% |
| 3 | Jun 08, 2022 | Jun 08, 2022 | Jun 08, 2022 | 2.00€ | 2.21% |
| 4 | Jun 08, 2021 | Jun 08, 2021 | Jun 08, 2021 | 1.60€ | 2.11% |
| 5 | Mar 25, 2020 | Jun 23, 2020 | Jun 25, 2020 | 1.50€ | 2.70% |
FAQ
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