Teleperformance SE Stock Forecast
Teleperformance SE stock upgraded to Buy Candidate.
(Updated on Jul 02, 2024)
The Teleperformance SE stock price gained 4.13% on the last trading day (Tuesday, 2nd Jul 2024), rising from 102.80€ to 107.05€. During the last trading day the stock fluctuated 3.43% from a day low at 104.85€ to a day high of 108.45€. The price has risen in 6 of the last 10 days and is up by 6.94% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 167 thousand more shares were traded than the day before. In total, 452 thousand shares were bought and sold for approximately 48.44€ million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.62% during the next 3 months and, with a 90% probability hold a price between 110.20€ and 134.28€ at the end of this 3-month period.
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TEP.PA Signals & Forecast
Mostly positive signals in the chart today. The Teleperformance SE stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 101.30€ and 103.21€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 14.74%. 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). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Teleperformance SE stock
Teleperformance SE finds support from accumulated volume at 102.80€ 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 3.60€ between high and low, or 3.43%. For the last week, the stock has had daily average volatility of 4.15%.
Our recommended stop-loss: 102.98€ (-3.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)
Trading Expectations (TEP.PA) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Teleperformance SE to open at 106.78€, and during the day (based on 14 day Average True Range), to move between 103.15€ and 110.95€, which gives a possible trading interval of +/-3.90€ (+/-3.65%) up or down from last closing price. If Teleperformance SE takes out the full calculated possible swing range there will be an estimated 7.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 107.40€ (0.33%) than the support at 102.80€ (3.97%), 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 Teleperformance SE stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Teleperformance SE 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: 4.035 Buy Candidate Upgraded
Predicted Opening Price for Teleperformance SE of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 106.78€ ( 0.249%) | 107.05€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TEP.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 110.38 | 3.11% |
| R2 | 109.01 | 1.83% |
| R1 | 108.16 | 1.04% |
| Price | 107.05 | |
| S1 | 105.41 | -1.53% |
| S2 | 104.56 | -2.33% |
| S3 | 103.18 | -3.61% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 109.65 | 2.43% |
| R2 | 109.60 | 2.38% |
| R1 | 107.40 | 0.327% |
| Price | 107.05 | |
| S1 | 102.80 | -3.97% |
| S2 | 100.70 | -5.93% |
| S3 | 97.32 | -9.09% |
TEP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 28, 2024 | May 28, 2024 | May 30, 2024 | 3.85€ | 3.75% |
| 2 | Apr 21, 2023 | Apr 21, 2023 | Apr 25, 2023 | 3.85€ | 1.89% |
| 3 | Apr 26, 2022 | Apr 26, 2022 | Apr 28, 2022 | 3.30€ | 0.96% |
| 4 | Apr 27, 2021 | Apr 27, 2021 | Apr 29, 2021 | 2.40€ | 0.745% |
| 5 | Feb 20, 2020 | Jul 02, 2020 | Jul 06, 2020 | 2.40€ | 1.04% |
FAQ
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