RATIONAL Aktiengesellschaft Stock Forecast
RATIONAL Aktiengesellschaft stock price down 0.186% on Tuesday
(Updated on Apr 30, 2024)
The RATIONAL Aktiengesellschaft stock price fell by -0.186% on the last day (Tuesday, 30th Apr 2024) from 805.50€ to 804.00€. During the last trading day the stock fluctuated 1.51% from a day low at 797.00€ to a day high of 809.00€. The price has been going up and down for this period, and there has been a 1.32% gain for the last 2 weeks. Volume has increased on the last day by 5 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 9 thousand shares were bought and sold for approximately 7.41€ million.
The stock lies in the middle of a wide and 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 9.44% during the next 3 months and, with a 90% probability hold a price between 824.29€ and 917.32€ at the end of this 3-month period.
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RAA.F Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -1.05%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The RATIONAL Aktiengesellschaft 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 795.00€ and 783.66€. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for RATIONAL Aktiengesellschaft stock
On the downside, the stock finds support just below today's level from accumulated volume at 760.00€ and 747.50€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, RATIONAL Aktiengesellschaft finds support just below today's level at 760.00€. If this is broken, then the next support from accumulated volume will be at 747.50€ and 710.00€.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 12.00€ between high and low, or 1.51%. For the last week the stock has had daily average volatility of 1.98%.
Our recommended stop-loss: 780.03€ (-2.98%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 22 days ago.)
Trading Expectations (RAA.F) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect RATIONAL Aktiengesellschaft to open at 803.33€, and during the day (based on 14 day Average True Range), to move between 785.85€ and 822.15€, which gives a possible trading interval of +/-18.15€ (+/-2.26%) up or down from last closing price. If RATIONAL Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 4.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 805.50€ (0.19%) than the support at 760.00€ (5.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Earnings coming up
RATIONAL Aktiengesellschaft will release earnings BMO on Thursday, May 02, 2024.The consensus among the analysts for the expected earnings (EPS) is $3.22. We will update the financials statements for RATIONAL Aktiengesellschaft, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.74% in the first trading day after earnings release.
Is RATIONAL Aktiengesellschaft 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 RATIONAL Aktiengesellschaft stock to perform well in the short-term.
Current score: 2.332 Buy Candidate Unchanged
Predicted Opening Price for RATIONAL Aktiengesellschaft of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| 803.33€ ( 0.0829%) | 804.00€ |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 815.33 | 1.41 % | |
| R2 | 810.75 | 0.84 % | ||
| R1 | 807.92 | 0.487 % | ||
| Current price: | 804.00 | |||
| Support | S1 | 798.75 | -0.653 % | |
| S2 | 795.92 | -1.01 % | ||
| S3 | 791.33 | -1.58 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 812.50 | 1.06 % | |
| R2 | 807.00 | 0.373 % | ||
| R1 | 805.50 | 0.187 % | ||
| Current price | 804.00 | |||
| Support | S1 | 760.00 | -5.47% | |
| S2 | 747.50 | -7.03% | ||
| S3 | 710.00 | -11.69% |
RAA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | May 09, 2024 | 0€ | 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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