Reply S.p.A. Stock Forecast
Green day on Friday for Reply S.p.A. stock after gaining 0.0787%
(Updated on May 10, 2024)
The Reply S.p.A. stock price gained 0.0787% on the last trading day (Friday, 10th May 2024), rising from 127.00€ to 127.10€. During the last trading day the stock fluctuated 1.35% from a day low at 126.20€ to a day high of 127.90€. The price has risen in 6 of the last 10 days and is up by 2.42% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 15 thousand more shares were traded than the day before. In total, 25 thousand shares were bought and sold for approximately 3.15€ million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Reply S.p.A. stock with a 90% probability to be traded between 121.70€ and 133.31€ 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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REY.MI Signals & Forecast
Mostly positive signals in the chart today. The Reply S.p.A. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 125.70€ and 127.09€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 4.78%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Reply S.p.A. stock
Reply S.p.A. finds support from accumulated volume at 124.10€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.70€ between high and low, or 1.35%. For the last week the stock has had daily average volatility of 1.55%.
Our recommended stop-loss: 120.86€ (-4.91%) (This stock has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from a pivot bottom found 14 days ago.)
Trading Expectations (REY.MI) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Reply S.p.A. to open at 127.07€, and during the day (based on 14 day Average True Range), to move between 124.19€ and 130.01€, which gives a possible trading interval of +/-2.91€ (+/-2.29%) up or down from last closing price. If Reply S.p.A. takes out the full calculated possible swing range there will be an estimated 4.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 124.10€ (2.36%) than the resistance at 130.90€ (2.99%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Reply S.p.A. will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for Reply S.p.A., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.30% in the first trading day after earnings release.
Is Reply S.p.A. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Reply S.p.A. stock to perform well in the short-term period.
Current score: 1.159 Buy Candidate Unchanged
Predicted Opening Price for Reply S.p.A. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 127.07€ ( 0.0262%) | 127.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for REY.MI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 128.77 | 1.31 % | |
| R2 | 128.12 | 0.80 % | ||
| R1 | 127.72 | 0.485 % | ||
| Current price: | 127.10 | |||
| Support | S1 | 126.42 | -0.537 % | |
| S2 | 126.02 | -0.85 % | ||
| S3 | 125.37 | -1.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 132.50 | 4.25 % | |
| R2 | 132.00 | 3.86 % | ||
| R1 | 130.90 | 2.99 % | ||
| Current price | 127.10 | |||
| Support | S1 | 124.10 | -2.36% | |
| S2 | 123.30 | -2.99% | ||
| S3 | 121.60 | -4.33% |
REY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 20, 2024 | May 22, 2024 | 1.00€ | 0.787% |
| 2 | Mar 20, 2024 | Mar 20, 2024 | Mar 20, 2024 | 0€ | 0% |
| 3 | May 22, 2023 | May 22, 2023 | May 22, 2023 | 1.00€ | 0.96% |
| 4 | May 23, 2022 | May 23, 2022 | May 23, 2022 | 0.80€ | 0.670% |
| 5 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 0.560€ | 0.496% |
FAQ
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