SES S.A. Stock Forecast
SES S.A. stock price ended at 4.63€ on Friday, after losing 0.345%.
(Updated on May 10, 2024)
The SES S.A. stock price fell by -0.345% on the last day (Friday, 10th May 2024) from 4.64€ to 4.63€. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 3.00% from a day low at 4.60€ to a day high of 4.74€. The price has fallen in 6 of the last 10 days and is down by -15.12% for this period. Volume has increased on the last day by 383 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 934 thousand shares were bought and sold for approximately 4.32€ million.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 4.45€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.78% during the next 3 months and, with a 90% probability hold a price between 3.61€ and 4.68€ at the end of this 3-month period.
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SESG.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has risen 1.45%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The SES S.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 4.64€ and 5.58€. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for SES S.A. stock
SES S.A. finds support from accumulated volume at 4.60€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 0.138€ between high and low, or 3.00%. For the last week, the stock has had daily average volatility of 2.81%.
SES S.A. is oversold on RSI14 (24). 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 (SESG.PA) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect SES S.A. to open at 4.66€, and during the day (based on 14 day Average True Range), to move between 4.39€ and 4.86€, which gives a possible trading interval of +/-0.237€ (+/-5.13%) up or down from last closing price. If SES S.A. takes out the full calculated possible swing range there will be an estimated 10.27% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 4.60€ (0.48%) than the resistance at 4.69€ (1.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SES S.A. stock A Buy?
SES S.A. holds several negative signals and is within a very 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: -4.900 Sell Candidate Unchanged
Predicted Opening Price for SES S.A. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 4.66€ ( 0.649%) | 4.63€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SESG.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.79 | 3.63 % | |
| R2 | 4.74 | 2.49 % | ||
| R1 | 4.71 | 1.79 % | ||
| Current price: | 4.63 | |||
| Support | S1 | 4.60 | -0.491 % | |
| S2 | 4.57 | -1.20 % | ||
| S3 | 4.52 | -2.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.53 | 19.54 % | |
| R2 | 4.95 | 7.00 % | ||
| R1 | 4.69 | 1.43 % | ||
| Current price | 4.63 | |||
| Support | S1 | 4.60 | -0.476% | |
| S2 | 4.56 | -1.38% | ||
| S3 | 4.56 | -1.43% |
SESG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 16, 2024 | Apr 16, 2024 | Apr 18, 2024 | 0.500€ | 9.04% |
| 2 | Apr 18, 2023 | Apr 18, 2023 | Apr 18, 2023 | 0.500€ | 9.17% |
| 3 | Apr 19, 2022 | Apr 19, 2022 | Apr 19, 2022 | 0.500€ | 5.90% |
| 4 | Apr 20, 2021 | Apr 20, 2021 | Apr 20, 2021 | 0.400€ | 6.28% |
| 5 | Mar 02, 2020 | Apr 21, 2020 | Apr 23, 2020 | 0.400€ | 6.57% |
FAQ
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