Robertet SA Stock Forecast
Green day on Friday for Robertet SA stock after gaining 1.36%
(Updated on May 17, 2024)
The Robertet SA stock price gained 1.36% on the last trading day (Friday, 17th May 2024), rising from 883.00€ to 895.00€. During the last trading day the stock fluctuated 1.47% from a day low at 882.00€ to a day high of 895.00€. The price has risen in 6 of the last 10 days and is up by 3.23% over the past 2 weeks. Volume fell on the last day by -462 shares and in total, 1 thousand shares were bought and sold for approximately 1.11€ 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 lies in the middle of a strong 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 16.13% during the next 3 months and, with a 90% probability hold a price between 999.61€ and 1,060.77€ at the end of this 3-month period.
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RBT.PA Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, May 10, 2024, and so far it has fallen -0.89%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The Robertet SA 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 893.57€ and 859.29€. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Robertet SA stock
Robertet SA finds support from accumulated volume at 883.00€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 13.00€ between high and low, or 1.47%. For the last week the stock has had daily average volatility of 1.24%
Our recommended stop-loss: 862.55€ (-3.63%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (RBT.PA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Robertet SA to open at 890.67€, and during the day (based on 14 day Average True Range), to move between 878.72€ and 911.28€, which gives a possible trading interval of +/-16.28€ (+/-1.82%) up or down from last closing price. If Robertet SA takes out the full calculated possible swing range there will be an estimated 3.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 896.00€ (0.11%) than the support at 883.00€ (1.34%), 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.
Is Robertet SA 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 Robertet SA stock to perform well in the short-term.
Current score: 3.950 Buy Candidate Unchanged
Predicted Opening Price for Robertet SA of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
890.67€ ( 0.484%) | 895.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RBT.PA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 903.67 | 0.97 % | |
R2 | 898.70 | 0.413 % | ||
R1 | 895.63 | 0.0707 % | ||
Current price: | 895.00 | |||
Support | S1 | 885.70 | -1.04 % | |
S2 | 882.63 | -1.38 % | ||
S3 | 877.67 | -1.94 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 903.00 | 0.89 % | |
R2 | 897.00 | 0.223 % | ||
R1 | 896.00 | 0.112 % | ||
Current price | 895.00 | |||
Support | S1 | 883.00 | -1.34% | |
S2 | 882.00 | -1.45% | ||
S3 | 810.00 | -9.50% |
RBT Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | 0€ | 0% |
2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | 8.50€ | 1.02% |
3 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | 8.00€ | 0.95% |
4 | Jun 29, 2021 | Jun 29, 2021 | Jun 29, 2021 | 5.60€ | 0.542% |
5 | Jul 13, 2020 | Jul 13, 2020 | Jul 13, 2020 | 5.00€ | 0.524% |
FAQ
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