QIAGEN N.V. Stock Forecast
QIAGEN N.V. stock upgraded to Hold/Accumulate.
(Updated on Jul 02, 2024)
The QIAGEN N.V. stock price fell by -0.0264% on the last day (Tuesday, 2nd Jul 2024) from 37.82€ to 37.81€. During the last trading day the stock fluctuated 1.57% from a day low at 37.28€ to a day high of 37.86€. The price has been going up and down for this period, and there has been a -8.03% loss for the last 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 -223 thousand shares and in total, 412 thousand shares were bought and sold for approximately 15.59€ million.
Given the current short-term trend, the stock is expected to rise 3.74% during the next 3 months and, with a 90% probability hold a price between 39.22€ and 44.53€ at the end of this 3-month period.
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QIA.DE Signals & Forecast
There are few to no technical positive signals at the moment. The QIAGEN N.V. 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 38.37€ and 40.06€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -10.28%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for QIAGEN N.V. stock
QIAGEN N.V. finds support from accumulated volume at 37.53€ 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 0.585€ between high and low, or 1.57%. For the last week, the stock has had daily average volatility of 1.98%.
Our recommended stop-loss: 35.39€ (-6.40%) (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 (QIA.DE) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect QIAGEN N.V. to open at 37.65€, and during the day (based on 14 day Average True Range), to move between 37.00€ and 38.62€, which gives a possible trading interval of +/-0.81€ (+/-2.15%) up or down from last closing price. If QIAGEN N.V. takes out the full calculated possible swing range there will be an estimated 4.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 37.53€ (0.74%) than the resistance at 39.13€ (3.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is QIAGEN N.V. stock A Buy?
QIAGEN N.V. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.316 Hold/Accumulate Upgraded
Predicted Opening Price for QIAGEN N.V. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 37.65€ ( 0.428%) | 37.81€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for QIA.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 38.23 | 1.12% |
| R2 | 38.01 | 0.529% |
| R1 | 37.87 | 0.163% |
| Price | 37.81 | |
| S1 | 37.42 | -1.02% |
| S2 | 37.29 | -1.38% |
| S3 | 37.06 | -1.97% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.53 | 7.19% |
| R2 | 39.37 | 4.13% |
| R1 | 39.13 | 3.48% |
| Price | 37.81 | |
| S1 | 37.53 | -0.741% |
| S2 | 37.47 | -0.90% |
| S3 | 37.03 | -2.06% |
QIA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 30, 2024 | Jan 30, 2024 | Jan 30, 2024 | 1.18€ | 2.93% |
| 2 | Jan 29, 2024 | Jan 29, 2024 | Jan 29, 2024 | 1.32€ | 3.16% |
| 3 | Jan 18, 2017 | Jan 25, 2017 | Jan 31, 2017 | 1.08€ | 3.93% |
FAQ
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