VINCI SA Stock Forecast
VINCI SA stock price ended at 110.70€ on Friday, after gaining 0.545%.
(Updated on May 03, 2024)
The VINCI SA stock price gained 0.545% on the last trading day (Friday, 3rd May 2024), rising from 110.10€ to 110.70€. During the last trading day the stock fluctuated 0.90% from a day low at 110.55€ to a day high of 111.55€. The price has risen in 6 of the last 10 days but is still down by -2.51% for this period. Volume fell on the last day by -2 thousand shares and in total, 170 shares were bought and sold for approximately 18.82€ thousand. 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 lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 109.47€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -4.29% during the next 3 months and, with a 90% probability hold a price between 104.77€ and 113.06€ at the end of this 3-month period.
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SQU.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 0.728%. 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 VINCI SA 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 110.99€ and 114.73€. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for VINCI SA stock
VINCI SA finds support from accumulated volume at 110.10€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 1.00€ between high and low, or 0.90%. For the last week the stock has had daily average volatility of 0.715%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SQU.F) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect VINCI SA to open at 110.93€, and during the day (based on 14 day Average True Range), to move between 109.06€ and 112.34€, which gives a possible trading interval of +/-1.64€ (+/-1.48%) up or down from last closing price. If VINCI SA takes out the full calculated possible swing range there will be an estimated 2.97% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 110.10€ (0.54%) than the resistance at 114.00€ (2.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is VINCI SA stock A Buy?
VINCI SA holds several negative signals and is within a 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: -2.081 Sell Candidate Unchanged
Predicted Opening Price for VINCI SA of Monday, May 6, 2024
Fair opening price May 6, 2024 | Current price |
---|---|
110.93€ ( 0.211%) | 110.70€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SQU.F
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 111.93 | 1.11 % | |
R2 | 111.55 | 0.769 % | ||
R1 | 111.32 | 0.556 % | ||
Current price: | 110.70 | |||
Support | S1 | 110.55 | -0.134 % | |
S2 | 110.32 | -0.347 % | ||
S3 | 109.93 | -0.693 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 117.66 | 6.29 % | |
R2 | 114.45 | 3.39 % | ||
R1 | 114.00 | 2.98 % | ||
Current price | 110.70 | |||
Support | S1 | 110.10 | -0.542% | |
S2 | 109.90 | -0.723% | ||
S3 | 0 | . |
SQU Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | 3.00€ | 0% |
2 | Nov 15, 2022 | Nov 15, 2022 | Nov 15, 2022 | 1.00€ | 0% |
3 | Apr 26, 2022 | Apr 26, 2022 | Apr 26, 2022 | 2.25€ | 0% |
4 | Nov 16, 2021 | Nov 16, 2021 | Nov 16, 2021 | 0.650€ | 0% |
5 | Apr 20, 2021 | Apr 20, 2021 | Apr 20, 2021 | 2.04€ | 0% |
FAQ
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