SAES Getters S.p.A. Stock Forecast
Stronger technical forecast for SAES Getters S.p.A. stock price after Tuesday trading.
(Updated on Jul 02, 2024)
The SAES Getters S.p.A. stock price gained 0.179% on the last trading day (Tuesday, 2nd Jul 2024), rising from 27.90€ to 27.95€. During the last trading day the stock fluctuated 0.359% from a day low at 27.85€ to a day high of 27.95€. The price has risen in 4 of the last 10 days and is up by 0.9% over the past 2 weeks. Volume fell on the last day by -53 thousand shares and in total, 57 thousand shares were bought and sold for approximately 1.58€ million. 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 very 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 -26.07% during the next 3 months and, with a 90% probability hold a price between 14.84€ and 22.55€ 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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SG.MI Signals & Forecast
The SAES Getters S.p.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 27.98€. On a fall, the stock will find some support from the long-term average at approximately 27.18€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, May 14, 2024, and so far it has risen 7.29%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for SAES Getters S.p.A. stock
SAES Getters S.p.A. finds support from accumulated volume at 27.70€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.1000€ between high and low, or 0.359%. For the last week the stock has had daily average volatility of 0.215%.
Our recommended stop-loss: 27.04€ (-3.24%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 52 days ago.)
Trading Expectations (SG.MI) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect SAES Getters S.p.A. to open at 27.92€, and during the day (based on 14 day Average True Range), to move between 27.73€ and 28.17€, which gives a possible trading interval of +/-0.220€ (+/-0.79%) up or down from last closing price. If SAES Getters S.p.A. takes out the full calculated possible swing range there will be an estimated 1.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 28.00€ (0.18%) than the support at 27.70€ (0.89%), 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 SAES Getters S.p.A. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.754 Buy Candidate Upgraded
Predicted Opening Price for SAES Getters S.p.A. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 27.92€ ( 0.119%) | 27.95€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SG.MI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 28.02 | 0.239% |
| R2 | 27.98 | 0.102% |
| R1 | 27.95 | 0.0174% |
| Price | 27.95 | |
| S1 | 27.88 | -0.256% |
| S2 | 27.85 | -0.340% |
| S3 | 27.82 | -0.477% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 28.05 | 0.358% |
| R1 | 28.00 | 0.179% |
| Price | 27.95 | |
| S1 | 27.70 | -0.89% |
| S2 | 26.20 | -6.26% |
| S3 | 26.10 | -6.62% |
SG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 02, 2024 | 12.51€ | 47.39% |
| 2 | May 08, 2023 | May 08, 2023 | May 08, 2023 | 0.550€ | 1.95% |
| 3 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | 0.470€ | 2.09% |
| 4 | May 26, 2021 | May 26, 2021 | May 26, 2021 | 0.424€ | 2.08% |
| 5 | Apr 26, 2021 | Apr 26, 2021 | Apr 26, 2021 | 0.400€ | 1.88% |
FAQ
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