Repsol, S.A. Stock Forecast
Green day on Thursday for Repsol, S.A.
(Updated on Mar 28, 2024)
The Repsol, S.A. stock price gained 0.0683% on the last trading day (Thursday, 28th Mar 2024), rising from $16.70 to $16.71. During the last trading day the stock fluctuated 0.797% from a day low at $16.62 to a day high of $16.75. The price has risen in 6 of the last 10 days and is up by 1.71% over the past 2 weeks. Volume fell on the last day by -34 thousand shares and in total, 80 thousand shares were bought and sold for approximately $1.35 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 17.67% during the next 3 months and, with a 90% probability hold a price between $18.49 and $20.08 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
REPYY Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -0.587%. 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 Repsol, S.A. 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 $16.67 and $15.82. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Repsol, S.A. stock
Repsol, S.A. finds support from accumulated volume at $16.70 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 controlled movements and therefore the general risk is considered 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 $0.133 between high and low, or 0.797%. For the last week the stock has had daily average volatility of 1.28%.
Our recommended stop-loss: $16.19 (-3.10%) (This stock has low daily movements and this gives low risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (REPYY) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Repsol, S.A. to open at $16.69, and during the day (based on 14 day Average True Range), to move between $16.48 and $16.94, which gives a possible trading interval of +/-$0.232 (+/-1.39%) up or down from last closing price. If Repsol, S.A. takes out the full calculated possible swing range there will be an estimated 2.78% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $16.70 (0.07%) than the resistance at $16.78 (0.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Repsol, S.A. 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 Repsol, S.A. stock to perform well in the short-term.
Current score: 4.370 Buy Candidate Unchanged
Predicted Opening Price for Repsol, S.A. of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$16.69 ( 0.110%) | $16.71 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for REPYY
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 16.83 | 0.683 % | |
R2 | 16.77 | 0.380 % | ||
R1 | 16.74 | 0.193 % | ||
Current price: | 16.71 | |||
Support | S1 | 16.64 | -0.413 % | |
S2 | 16.61 | -0.600 % | ||
S3 | 16.56 | -0.90 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 16.81 | 0.590 % | ||
R1 | 16.78 | 0.410 % | ||
Current price | 16.71 | |||
Support | S1 | 16.70 | -0.0682% | |
S2 | 14.76 | -11.68% | ||
S3 | 14.69 | -12.10% |
REPYY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 22, 2023 | Jan 09, 2024 | Jan 18, 2024 | $0.345 | 2.39% |
2 | Jul 03, 2023 | Jul 03, 2023 | Jul 13, 2023 | $0.379 | 2.61% |
3 | Dec 30, 2022 | Jan 09, 2023 | Jan 18, 2023 | $0.369 | 2.27% |
4 | Jun 30, 2022 | Jul 05, 2022 | Jul 14, 2022 | $0.355 | 2.96% |
5 | Dec 31, 2021 | Jan 07, 2022 | Jan 18, 2022 | $0.337 | 2.65% |
FAQ
Click here for our free guide on how to buy Repsol, S.A. Stock.