Eurazeo SE Stock Forecast
Eurazeo SE stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on May 10, 2024)
The Eurazeo SE stock price gained 0.706% on the last trading day (Friday, 10th May 2024), rising from 85.00€ to 85.60€. During the last trading day the stock fluctuated 1.12% from a day low at 84.65€ to a day high of 85.60€. The price has risen in 7 of the last 10 days and is up by 3.95% 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, 48 thousand more shares were traded than the day before. In total, 84 thousand shares were bought and sold for approximately 7.23€ million.
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 10.94% during the next 3 months and, with a 90% probability hold a price between 91.15€ and 96.66€ at the end of this 3-month period.
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RF.PA Signals & Forecast
The Eurazeo SE 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 85.33€ and 82.50€. A breakdown below any of these levels will issue sell signals. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, April 29, 2024, and so far it has fallen -0.465%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Eurazeo SE stock
On the downside, the stock finds support just below today's level from accumulated volume at 80.00€ and 78.10€. 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, Eurazeo SE finds support just below today's level at 80.00€. If this is broken, then the next support from accumulated volume will be at 78.10€ and 78.00€.
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 0.95€ (1.12%) between high and low. For the last week, the stock has had daily average volatility of 1.37%.
Our recommended stop-loss: 82.35€ (-3.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 8 days ago.)
Trading Expectations (RF.PA) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Eurazeo SE to open at 85.28€, and during the day (based on 14 day Average True Range), to move between 83.97€ and 87.23€, which gives a possible trading interval of +/-1.63€ (+/-1.91%) up or down from last closing price. If Eurazeo SE takes out the full calculated possible swing range there will be an estimated 3.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 85.85€ (0.29%) than the support at 80.00€ (6.54%), 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 Eurazeo SE 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 Eurazeo SE stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 4.465 Buy Candidate Upgraded
Predicted Opening Price for Eurazeo SE of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 85.28€ ( 0.370%) | 85.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RF.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 86.23 | 0.740 % | |
| R2 | 85.87 | 0.316 % | ||
| R1 | 85.65 | 0.0540 % | ||
| Current price: | 85.60 | |||
| Support | S1 | 84.92 | -0.794 % | |
| S2 | 84.70 | -1.06 % | ||
| S3 | 84.33 | -1.48 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 86.00 | 0.467 % | ||
| R1 | 85.85 | 0.292 % | ||
| Current price | 85.60 | |||
| Support | S1 | 80.00 | -6.54% | |
| S2 | 78.10 | -8.76% | ||
| S3 | 78.00 | -8.88% |
RF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2024 | May 14, 2024 | May 16, 2024 | 2.42€ | 2.84% |
| 2 | Apr 28, 2023 | Apr 28, 2023 | Apr 28, 2023 | 2.20€ | 3.40% |
| 3 | May 03, 2022 | May 03, 2022 | May 03, 2022 | 1.25€ | 1.77% |
| 4 | May 02, 2022 | May 02, 2022 | May 02, 2022 | 1.25€ | 1.77% |
| 5 | Apr 30, 2021 | Apr 30, 2021 | Apr 30, 2021 | 1.50€ | 2.16% |
FAQ
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