Splendid Medien AG Stock Forecast
Splendid Medien AG stock price down 0% on Tuesday
(Updated on Jul 02, 2024)
No changes to the price of Splendid Medien AG stock on the last trading day (Tuesday, 2nd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at 1.22€ to a day high of 1.22€. The price has been going up and down for this period, and there has been a 6.09% gain for the last 2 weeks.
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 -9.79% during the next 3 months and, with a 90% probability hold a price between 0.99€ and 1.14€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
SPM.DE Signals & Forecast
The Splendid Medien AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 1.19€ and 1.18€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 9.91%. 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. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Splendid Medien AG stock
Splendid Medien AG finds support from accumulated volume at 1.19€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 1.40%.
Our recommended stop-loss: 1.16€ (-4.77%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 14 days ago.)
Trading Expectations (SPM.DE) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Splendid Medien AG to open at 1.22€, and during the day (based on 14 day Average True Range), to move between 1.20€ and 1.24€, which gives a possible trading interval of +/-0.0152€ (+/-1.25%) up or down from last closing price. If Splendid Medien AG takes out the full calculated possible swing range there will be an estimated 2.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 1.19€ (2.46%) than the resistance at 1.26€ (3.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Splendid Medien AG stock A Buy?
Splendid Medien AG 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Splendid Medien AG of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 1.22€ ( 0%) | 1.22€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SPM.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.22 | - |
| R2 | 1.22 | - |
| R1 | 1.22 | - |
| Price | 1.22 | |
| S1 | 1.22 | - |
| S2 | 1.22 | - |
| S3 | 1.22 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.34 | 9.84% |
| R2 | 1.30 | 6.56% |
| R1 | 1.26 | 3.28% |
| Price | 1.22 | |
| S1 | 1.19 | -2.46% |
| S2 | 1.18 | -3.28% |
| S3 | 1.17 | -4.10% |
SPM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2016 | Jun 10, 2016 | Jun 10, 2016 | 0.100€ | 4.00% |
| 2 | Mar 31, 2015 | Jun 17, 2015 | Jun 17, 2015 | 0.0500€ | 1.88% |
| 3 | Mar 25, 2014 | Jun 13, 2014 | Jun 13, 2014 | 0.100€ | 3.64% |
| 4 | Feb 11, 2013 | Jun 07, 2013 | Jun 07, 2013 | 0.100€ | 3.48% |
| 5 | Feb 06, 2012 | Jun 20, 2012 | Jun 20, 2012 | 0.100€ | 5.03% |
FAQ
Click here for our free guide on how to buy Splendid Medien AG Stock.
