Tivoli A/S Stock Forecast
Tivoli A/S stock price ended at kr716.00 on Tuesday, after losing 1.65%.
(Updated on May 14, 2024)
The Tivoli A/S stock price fell by -1.65% on the last day (Tuesday, 14th May 2024) from kr728.00 to kr716.00. During the last trading day the stock fluctuated 1.40% from a day low at kr716.00 to a day high of kr726.00. The price has fallen in 5 of the last 10 days and is down by -3.76% for this period. Volume has increased on the last day by 1 thousand 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 kr1.32 million.
The stock lies in the middle of a 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 -2.95% during the next 3 months and, with a 90% probability hold a price between kr675.61 and kr719.71 at the end of this 3-month period.
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TIV.CO Signals & Forecast
There are few to no technical positive signals at the moment. The Tivoli A/S 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 kr725.14 and kr728.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 26, 2024, and so far it has fallen -3.76%. 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). Tivoli A/S 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".
A buy signal from a double bottom formation was found on Friday, April 12, 2024 and based on theory for this formation the price should go up by 10.03% to kr787.85 within 26 trading days since signal was issued (Wednesday, May 15, 2024).
Support, Risk & Stop-loss for Tivoli A/S stock
Tivoli A/S finds support from accumulated volume at kr714.00 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 kr10.00 between high and low, or 1.40%. For the last week the stock has had daily average volatility of 1.50%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TIV.CO) For The Upcoming Trading Day Of Wednesday 15th
For the upcoming trading day on Wednesday, 15th we expect Tivoli A/S to open at kr719.33, and during the day (based on 14 day Average True Range), to move between kr704.19 and kr727.81, which gives a possible trading interval of +/-kr11.81 (+/-1.65%) up or down from last closing price. If Tivoli A/S takes out the full calculated possible swing range there will be an estimated 3.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at kr714.00 (0.28%) than the resistance at kr720.00 (0.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Tivoli A/S stock A Buy?
Tivoli A/S 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: -3.472 Sell Candidate Unchanged
Predicted Opening Price for Tivoli A/S of Wednesday, May 15, 2024
| Fair opening price May 15, 2024 | Current price |
|---|---|
| kr719.33 ( 0.466%) | kr716.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TIV.CO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 729.33 | 1.86 % | |
| R2 | 725.51 | 1.33 % | ||
| R1 | 723.15 | 1.00 % | ||
| Current price: | 716.00 | |||
| Support | S1 | 715.51 | -0.0680 % | |
| S2 | 713.15 | -0.398 % | ||
| S3 | 709.33 | -0.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 740.00 | 3.35 % | |
| R2 | 724.00 | 1.12 % | ||
| R1 | 720.00 | 0.559 % | ||
| Current price | 716.00 | |||
| Support | S1 | 714.00 | -0.279% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
TIV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 24, 2024 | Apr 24, 2024 | Apr 26, 2024 | kr3.80 | 0.511% |
| 2 | Apr 24, 2019 | Apr 24, 2019 | Apr 24, 2019 | kr4.12 | 0.592% |
| 3 | Apr 24, 2018 | Apr 24, 2018 | Apr 24, 2018 | kr3.43 | 0.520% |
| 4 | Apr 24, 2017 | Apr 24, 2017 | Apr 24, 2017 | kr3.29 | 0.491% |
| 5 | Apr 19, 2016 | Apr 19, 2016 | Apr 19, 2016 | kr1.92 | 0.453% |
FAQ
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