Télévision Française 1 SA Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Télévision Française 1 SA stock upgraded to Strong Buy Candidate.
(Updated on May 17, 2024)
The Télévision Française 1 SA stock price gained 1.77% on the last trading day (Friday, 17th May 2024), rising from 8.76€ to 8.91€. During the last trading day the stock fluctuated 2.12% from a day low at 8.73€ to a day high of 8.92€. The price has risen in 7 of the last 10 days and is up by 4.82% 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, 67 thousand more shares were traded than the day before. In total, 178 thousand shares were bought and sold for approximately 1.59€ million.
The stock lies in the middle of a weak 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 3.40% during the next 3 months and, with a 90% probability hold a price between 8.83€ and 9.46€ at the end of this 3-month period.
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TFI.PA Signals & Forecast
Mostly positive signals in the chart today. The Télévision Française 1 SA 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 8.73€ and 8.70€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has risen 4.82%. 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.
A buy signal from a double bottom formation was found on Friday, March 22, 2024 with a target of 8.41€. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
Support, Risk & Stop-loss for Télévision Française 1 SA stock
Télévision Française 1 SA finds support from accumulated volume at 8.86€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.185€ between high and low, or 2.12%. For the last week the stock has had daily average volatility of 1.82%.
Our recommended stop-loss: 8.48€ (-4.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (TFI.PA) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Télévision Française 1 SA to open at 8.85€, and during the day (based on 14 day Average True Range), to move between 8.73€ and 9.09€, which gives a possible trading interval of +/-0.181€ (+/-2.03%) up or down from last closing price. If Télévision Française 1 SA takes out the full calculated possible swing range there will be an estimated 4.06% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 8.86€ (0.56%) than the resistance at 9.03€ (1.29%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Télévision Française 1 SA stock A Buy?
Télévision Française 1 SA holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.
Current score: 6.266 Strong Buy Candidate Upgraded
Predicted Opening Price for Télévision Française 1 SA of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 8.85€ ( 0.655%) | 8.91€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TFI.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.04 | 1.42 % | |
| R2 | 8.97 | 0.628 % | ||
| R1 | 8.92 | 0.138 % | ||
| Current price: | 8.91 | |||
| Support | S1 | 8.78 | -1.45 % | |
| S2 | 8.74 | -1.94 % | ||
| S3 | 8.67 | -2.73 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.05 | 1.57 % | |
| R2 | 9.03 | 1.35 % | ||
| R1 | 9.03 | 1.29 % | ||
| Current price | 8.91 | |||
| Support | S1 | 8.86 | -0.561% | |
| S2 | 8.47 | -4.94% | ||
| S3 | 8.46 | -5.11% |
TFI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 22, 2024 | Apr 22, 2024 | Apr 22, 2024 | 0€ | 0% |
| 2 | Apr 20, 2023 | Apr 20, 2023 | Apr 20, 2023 | 0.500€ | 6.07% |
| 3 | Apr 21, 2022 | Apr 21, 2022 | Apr 21, 2022 | 0.450€ | 5.29% |
| 4 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 0.450€ | 5.49% |
| 5 | May 04, 2020 | May 04, 2020 | May 04, 2020 | 0.500€ | 11.19% |
FAQ
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