Restart SIIQ S.p.A. Stock Forecast
Restart SIIQ S.p.A. stock upgraded from Strong Sell Candidate to Sell Candidate after Friday trading session.
(Updated on May 03, 2024)
No changes to the price of Restart SIIQ S.p.A. stock on the last trading day (Friday, 3rd May 2024). During the last trading day the stock fluctuated 0% from a day low at 0.111€ to a day high of 0.111€. The price has fallen in 6 of the last 10 days and is down by -9.02% for this period.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -49.12% during the next 3 months and, with a 90% probability hold a price between 0.0454€ and 0.0607€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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RST.MI Signals & Forecast
There are mixed signals in the stock today. The Restart SIIQ S.p.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 0.115€ and 0.134€. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for Restart SIIQ S.p.A. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 4.63%
Restart SIIQ S.p.A. is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RST.MI) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Restart SIIQ S.p.A. to open at 0.111€, and during the day (based on 14 day Average True Range), to move between 0.105€ and 0.117€, which gives a possible trading interval of +/-0.0062€ (+/-5.61%) up or down from last closing price. If Restart SIIQ S.p.A. takes out the full calculated possible swing range there will be an estimated 11.22% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 0.127€, some 0.0160€ (14.41%) from the current price of 0.111€, our system finds the risk reward not very attractive.
Is Restart SIIQ S.p.A. stock A Buy?
Restart SIIQ S.p.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -1.668 Sell Candidate Upgraded
Predicted Opening Price for Restart SIIQ S.p.A. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 0.111€ ( 0%) | 0.111€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RST.MI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.111 | . | |
| R2 | 0.111 | . | ||
| R1 | 0.111 | . | ||
| Current price: | 0.111 | |||
| Support | S1 | 0.111 | . | |
| S2 | 0.111 | . | ||
| S3 | 0.111 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.132 | 18.92 % | |
| R2 | 0.128 | 15.32 % | ||
| R1 | 0.127 | 14.41 % | ||
| Current price | 0.111 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
RST Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 07, 2007 | May 07, 2007 | May 07, 2007 | 79.02€ | 3.61% |
| 2 | May 08, 2006 | May 08, 2006 | May 08, 2006 | 56.89€ | 2.98% |
| 3 | May 02, 2005 | May 02, 2005 | May 02, 2005 | 47.41€ | 2.93% |
| 4 | May 12, 2003 | May 12, 2003 | May 12, 2003 | 34.77€ | 3.35% |
| 5 | May 06, 2002 | May 06, 2002 | May 06, 2002 | 44.25€ | 3.47% |
FAQ
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