Séché Environnement SA Stock Forecast
Green day on Friday for Séché Environnement SA stock after gaining 0.97%
(Updated on May 03, 2024)
The Séché Environnement SA stock price gained 0.97% on the last trading day (Friday, 3rd May 2024), rising from 102.60€ to 103.60€. During the last trading day the stock fluctuated 1.36% from a day low at 103.00€ to a day high of 104.40€. The price has fallen in 5 of the last 10 days and is down by -6.16% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 598 more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately 196.63€ thousand.
The stock lies in the middle of a 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 -9.75% during the next 3 months and, with a 90% probability hold a price between 87.42€ and 100.92€ 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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SCHP.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 0.97%. Further rise is indicated until a new top pivot has been found. Séché Environnement SA has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Séché Environnement 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 104.31€ and 109.32€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Séché Environnement SA stock
Séché Environnement SA finds support from accumulated volume at 102.60€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 1.40€ between high and low, or 1.36%. For the last week, the stock has had daily average volatility of 1.98%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SCHP.PA) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Séché Environnement SA to open at 103.67€, and during the day (based on 14 day Average True Range), to move between 100.92€ and 106.28€, which gives a possible trading interval of +/-2.68€ (+/-2.59%) up or down from last closing price. If Séché Environnement SA takes out the full calculated possible swing range there will be an estimated 5.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 103.80€ (0.19%) than the support at 102.60€ (0.97%), 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 Séché Environnement SA stock A Buy?
Séché Environnement SA holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.832 Sell Candidate Unchanged
Predicted Opening Price for Séché Environnement SA of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 103.67€ ( 0.0644%) | 103.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SCHP.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 105.07 | 1.42 % | |
| R2 | 104.53 | 0.90 % | ||
| R1 | 104.20 | 0.581 % | ||
| Current price: | 103.60 | |||
| Support | S1 | 103.13 | -0.452 % | |
| S2 | 102.80 | -0.771 % | ||
| S3 | 102.27 | -1.29 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 110.20 | 6.37 % | |
| R2 | 105.20 | 1.54 % | ||
| R1 | 103.80 | 0.193 % | ||
| Current price | 103.60 | |||
| Support | S1 | 102.60 | -0.97% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
SCHP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 08, 2024 | Jul 08, 2024 | Jul 08, 2024 | 0€ | 0% |
| 2 | Jul 07, 2023 | Jul 07, 2023 | Jul 07, 2023 | 1.10€ | 0.94% |
| 3 | Jul 08, 2022 | Jul 08, 2022 | Jul 08, 2022 | 1.00€ | 1.23% |
| 4 | Jul 08, 2021 | Jul 08, 2021 | Jul 08, 2021 | 0.95€ | 1.91% |
| 5 | Mar 09, 2020 | Jul 08, 2020 | Jul 10, 2020 | 0.95€ | 2.59% |
FAQ
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