STEF S.A. Stock Forecast
Red day on Tuesday for STEF S.A.
(Updated on Apr 30, 2024)
The STEF S.A. stock price fell by -3.20% on the last day (Tuesday, 30th Apr 2024) from 131.40€ to 127.20€. During the last trading day the stock fluctuated 2.85% from a day low at 126.40€ to a day high of 130.00€. The price has fallen in 6 of the last 10 days and is down by -3.78% for this period. Volume has increased on the last day by 125 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 thousand shares were bought and sold for approximately 302.86€ thousand.
Given the current short-term trend, the stock is expected to rise 12.56% during the next 3 months and, with a 90% probability hold a price between 143.18€ and 164.82€ at the end of this 3-month period.
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STF.PA Signals & Forecast
There are few to no technical positive signals at the moment. The STEF S.A. 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 131.60€ and 132.57€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -7.29%. 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). STEF S.A. 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".
Support, Risk & Stop-loss for STEF S.A. stock
On the downside, the stock finds support just below today's level from accumulated volume at 120.60€ and 117.60€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, STEF S.A. finds support just below today's level at 120.60€. If this is broken, then the next support from accumulated volume will be at 117.60€ and 117.40€.
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 3.60€ between high and low, or 2.85%. For the last week the stock has had daily average volatility of 1.94%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (STF.PA) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect STEF S.A. to open at 127.87€, and during the day (based on 14 day Average True Range), to move between 124.22€ and 130.18€, which gives a possible trading interval of +/-2.98€ (+/-2.34%) up or down from last closing price. If STEF S.A. takes out the full calculated possible swing range there will be an estimated 4.68% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 127.60€ (0.31%) than the support at 120.60€ (5.19%), 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 STEF S.A. stock A Buy?
The STEF S.A. stock holds several negative signals and despite the positive trend, we believe STEF S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.540 Sell Candidate Unchanged
Predicted Opening Price for STEF S.A. of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| 127.87€ ( 0.524%) | 127.20€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STF.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 131.47 | 3.35 % | |
| R2 | 130.09 | 2.27 % | ||
| R1 | 129.24 | 1.61 % | ||
| Current price: | 127.20 | |||
| Support | S1 | 126.49 | -0.557 % | |
| S2 | 125.64 | -1.22 % | ||
| S3 | 124.27 | -2.31 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 137.20 | 7.86 % | |
| R2 | 136.40 | 7.23 % | ||
| R1 | 127.60 | 0.314 % | ||
| Current price | 127.20 | |||
| Support | S1 | 120.60 | -5.19% | |
| S2 | 117.60 | -7.55% | ||
| S3 | 117.40 | -7.70% |
STF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2024 | Apr 30, 2024 | May 03, 2024 | 5.10€ | 4.00% |
| 2 | May 03, 2023 | May 03, 2023 | May 03, 2023 | 4.00€ | 3.85% |
| 3 | May 03, 2022 | May 03, 2022 | May 03, 2022 | 3.00€ | 3.28% |
| 4 | May 04, 2021 | May 04, 2021 | May 04, 2021 | 2.50€ | 2.69% |
| 5 | Nov 17, 2020 | Nov 17, 2020 | Nov 17, 2020 | 1.50€ | 2.11% |
FAQ
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