RATIONAL Aktiengesellschaft Stock Forecast
Stronger technical forecast for RATIONAL Aktiengesellschaft stock price after Tuesday trading.
(Updated on Jul 02, 2024)
The RATIONAL Aktiengesellschaft stock price gained 0.649% on the last trading day (Tuesday, 2nd Jul 2024), rising from 771.00€ to 776.00€. During the last trading day the stock fluctuated 2.30% from a day low at 762.50€ to a day high of 780.00€. The price has fallen in 6 of the last 10 days and is down by -4.67% for this period. Volume fell on the last day by -5 thousand shares and in total, 8 thousand shares were bought and sold for approximately 6.15€ million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 771.19€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect RATIONAL Aktiengesellschaft stock with a 90% probability to be traded between 782.60€ and 847.62€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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RAA.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, July 01, 2024, and so far it has risen 0.649%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The RATIONAL Aktiengesellschaft stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 806.50€ and 805.40€. 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).
A sell signal from a double top formation was found on Friday, May 24, 2024 with a target of 782.92€. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for RATIONAL Aktiengesellschaft stock
RATIONAL Aktiengesellschaft finds support from accumulated volume at 771.00€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 17.50€ (2.30%) between high and low. For the last week, the stock has had daily average volatility of 3.39%.
Our recommended stop-loss: 732.91€ (-5.55%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (RAA.F) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect RATIONAL Aktiengesellschaft to open at 772.83€, and during the day (based on 14 day Average True Range), to move between 751.39€ and 800.61€, which gives a possible trading interval of +/-24.61€ (+/-3.17%) up or down from last closing price. If RATIONAL Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 6.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 771.00€ (0.64%) than the resistance at 799.50€ (3.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is RATIONAL Aktiengesellschaft stock A Buy?
RATIONAL Aktiengesellschaft 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: 0.199 Hold/Accumulate Upgraded
Predicted Opening Price for RATIONAL Aktiengesellschaft of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 772.83€ ( 0.408%) | 776.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RAA.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 790.33 | 1.85% |
| R2 | 783.65 | 0.99% |
| R1 | 779.52 | 0.453% |
| Price | 776.00 | |
| S1 | 766.15 | -1.27% |
| S2 | 762.02 | -1.80% |
| S3 | 755.33 | -2.66% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 808.00 | 4.12% |
| R2 | 803.00 | 3.48% |
| R1 | 799.50 | 3.03% |
| Price | 776.00 | |
| S1 | 771.00 | -0.644% |
| S2 | 770.00 | -0.773% |
| S3 | 0 | - |
RAA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | May 13, 2024 | 13.50€ | 0% |
| 2 | May 11, 2023 | May 11, 2023 | May 11, 2023 | 2.50€ | 0% |
| 3 | May 05, 2022 | May 05, 2022 | May 05, 2022 | 2.50€ | 0% |
| 4 | May 13, 2021 | May 13, 2021 | May 13, 2021 | 4.80€ | 0% |
| 5 | Mar 10, 2020 | Jun 25, 2020 | Jun 29, 2020 | 5.70€ | 0% |
FAQ
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