Samse SA Stock Forecast

Red day on Friday for Samse SA stock after losing 0.283%
(Updated on May 03, 2024)

SAMS.PA Signals & Forecast

There are mixed signals in the stock today. The Samse SA 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 179.57€ and 183.49€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. 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 Wednesday, April 17, 2024, and so far it has risen 0.571%. 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 Samse SA stock

Samse SA finds support from accumulated volume at 175.50€ 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 1.50€ between high and low, or 0.85%. For the last week the stock has had daily average volatility of 1.52%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SAMS.PA) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Samse SA to open at 176.17€, and during the day (based on 14 day Average True Range), to move between 172.94€ and 179.06€, which gives a possible trading interval of +/-3.06€ (+/-1.74%) up or down from last closing price. If Samse SA takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 175.50€ (0.28%) than the resistance at 181.00€ (2.84%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Samse SA stock A Buy?

Samse SA 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.

Current score: -3.681 Sell Candidate Unchanged

Predicted Opening Price for Samse SA of Monday, May 6, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.