smartphoto group NV Stock Forecast

Red day on Monday for smartphoto group NV stock after losing 1.82%
(Updated on May 13, 2024)

SMAR.BB Signals & Forecast

The smartphoto group NV 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 27.13€. On a fall, the stock will find some support from the long-term average at approximately 26.71€. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -2.88%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). smartphoto group NV gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for smartphoto group NV stock

smartphoto group NV finds support from accumulated volume at 26.90€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.80€ (3.00%) between high and low. For the last week, the stock has had daily average volatility of 2.17%.

Our recommended stop-loss: 25.98€ (-3.77%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (SMAR.BB) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect smartphoto group NV to open at 27.07€, and during the day (based on 14 day Average True Range), to move between 26.28€ and 27.72€, which gives a possible trading interval of +/-0.721€ (+/-2.67%) up or down from last closing price. If smartphoto group NV takes out the full calculated possible swing range there will be an estimated 5.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 26.90€ (0.37%) than the resistance at 27.40€ (1.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is smartphoto group NV stock A Buy?

smartphoto group NV holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.786 Hold/Accumulate Unchanged

Predicted Opening Price for smartphoto group NV of Tuesday, May 14, 2024

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