RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SFER.MI
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Red day on Thursday for Salvatore Ferragamo S.p.A. stock after losing 0%
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 PDF

No changes to the price of Salvatore Ferragamo S.p.A. stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 1.87% from a day low at 11.26€ to a day high of 11.47€. The price has fallen in 6 of the last 10 days and is down by -3.1% for this period.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Salvatore Ferragamo S.p.A. stock with a 90% probability to be traded between 10.77€ and 13.03€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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SFER.MI Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 21, 2024, and so far it has risen 2.92%. 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 Salvatore Ferragamo S.p.A. 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 11.96€. On a fall, the stock will find some support from the short-term average at 11.13€. 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 price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for Salvatore Ferragamo S.p.A. stock

Salvatore Ferragamo S.p.A. finds support from accumulated volume at 11.10€ 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 0.210€ between high and low, or 1.87%. For the last week, the stock has had daily average volatility of 2.12%.

Our recommended stop-loss: 10.67€ (-5.36%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (SFER.MI) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Salvatore Ferragamo S.p.A. to open at 11.33€, and during the day (based on 14 day Average True Range), to move between 10.97€ and 11.57€, which gives a possible trading interval of +/-0.300€ (+/-2.66%) up or down from last closing price. If Salvatore Ferragamo S.p.A. takes out the full calculated possible swing range there will be an estimated 5.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 11.10€ (1.51%) than the resistance at 11.65€ (3.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Salvatore Ferragamo S.p.A. stock A Buy?

Salvatore Ferragamo S.p.A. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.330 Hold/Accumulate Unchanged

Predicted Opening Price for Salvatore Ferragamo S.p.A. of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
11.33€ ( 0.562%) 11.27€

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

Trading levels for SFER.MI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.54 2.43 %
R2 11.46 1.71 %
R1 11.41 1.27 %
Current price: 11.27
Support S1 11.25 -0.150 %
S2 11.20 -0.590 %
S3 11.12 -1.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.81 13.66 %
R2 11.74 4.17 %
R1 11.65 3.37 %
Current price 11.27
Support S1 11.10 -1.51%
S2 10.95 -2.84%
S3 10.57 -6.21%

SFER Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 20, 2024 May 20, 2024 May 22, 2024 0.100€ 0.89%
2 May 22, 2023 May 22, 2023 May 22, 2023 0.280€ 1.85%
3 May 23, 2022 May 23, 2022 May 23, 2022 0.340€ 2.23%
4 May 20, 2019 May 20, 2019 May 20, 2019 0.340€ 1.66%
5 May 21, 2018 May 21, 2018 May 21, 2018 0.380€ 1.54%

FAQ

What is the symbol for Salvatore Ferragamo S.p.A. Stock and on which exchange is it traded?
The symbol for Salvatore Ferragamo S.p.A. is SFER.MI and it is traded on the MIL (Milan Stock Exchange).

Should I buy or sell Salvatore Ferragamo S.p.A. Stock?
Salvatore Ferragamo S.p.A. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Salvatore Ferragamo S.p.A. Stock?
Salvatore Ferragamo S.p.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Salvatore Ferragamo S.p.A. Stock.

What's the current price of Salvatore Ferragamo S.p.A. Stock?
As of the end of day on the 2024-03-28, the price of an Salvatore Ferragamo S.p.A. (SFER.MI) share was 11.27€.

What is the 52-week high and low for Salvatore Ferragamo S.p.A. Stock?
The 52-week high for Salvatore Ferragamo S.p.A. Stock is 17.63€ and the 52-week low is 10.45€.

What is the market capitalization of Salvatore Ferragamo S.p.A. Stock?
As of the 2024-03-28, the market capitalization of Salvatore Ferragamo S.p.A. is 1.866B.

When is the next earnings date for Salvatore Ferragamo S.p.A.?
The upcoming earnings date for Salvatore Ferragamo S.p.A. is May 09, 2024.
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About Salvatore Ferragamo S.p.A.

Salvatore Ferragamo S.p.A. Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. The company offers men's and women's footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men's and women's leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well a... SFER.MI Profile

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