Séché Environnement SA Stock Forecast
Green day on Friday for Séché Environnement SA
(Updated on May 17, 2024)
The Séché Environnement SA stock price gained 1.74% on the last trading day (Friday, 17th May 2024), rising from 103.20€ to 105.00€. During the last trading day the stock fluctuated 3.55% from a day low at 101.40€ to a day high of 105.00€. The price has risen in 5 of the last 10 days and is up by 1.35% over the past 2 weeks. Volume fell on the last day by -30 shares and in total, 5 thousand shares were bought and sold for approximately 530.46€ thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 -11.50% during the next 3 months and, with a 90% probability hold a price between 82.63€ and 96.44€ 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 Wednesday, May 15, 2024, and so far it has risen 3.96%. 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). 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 a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 107.75€. On a fall, the stock will find some support from the short-term average at 103.37€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Séché Environnement SA stock
Séché Environnement SA finds support from accumulated volume at 104.20€ 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 controlled movements and therefore the general risk is considered 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 3.60€ between high and low, or 3.55%. For the last week the stock has had daily average volatility of 2.49%.
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 20th
For the upcoming trading day on Monday, 20th we expect Séché Environnement SA to open at 103.80€, and during the day (based on 14 day Average True Range), to move between 102.57€ and 107.43€, which gives a possible trading interval of +/-2.43€ (+/-2.31%) up or down from last closing price. If Séché Environnement SA takes out the full calculated possible swing range there will be an estimated 4.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 105.20€ (0.19%) than the support at 104.20€ (0.76%), 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 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: -2.690 Sell Candidate Unchanged
Predicted Opening Price for Séché Environnement SA of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 103.80€ ( 1.14%) | 105.00€ |
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 | 107.40 | 2.29 % | |
| R2 | 106.02 | 0.98 % | ||
| R1 | 105.18 | 0.167 % | ||
| Current price: | 105.00 | |||
| Support | S1 | 102.42 | -2.45 % | |
| S2 | 101.58 | -3.26 % | ||
| S3 | 100.20 | -4.57 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 113.20 | 7.81 % | |
| R2 | 110.20 | 4.95 % | ||
| R1 | 105.20 | 0.190 % | ||
| Current price | 105.00 | |||
| Support | S1 | 104.20 | -0.762% | |
| S2 | 104.00 | -0.95% | ||
| S3 | 103.80 | -1.14% |
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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