PVA TePla AG Stock Forecast
PVA TePla AG stock price down 0.314% on Wednesday
(Updated on May 22, 2024)
The PVA TePla AG stock price fell by -0.314% on the last day (Wednesday, 22nd May 2024) from 19.13€ to 19.07€. During the last trading day the stock fluctuated 2.28% from a day low at 18.90€ to a day high of 19.33€. The price has fallen in 6 of the last 10 days and is down by -4.46% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -16 thousand shares and in total, 50 thousand shares were bought and sold for approximately 961.57€ thousand.
The stock lies in the middle of a very wide and 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 -16.14% during the next 3 months and, with a 90% probability hold a price between 13.47€ and 16.99€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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TPE.DE Signals & Forecast
The PVA TePla AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 19.48€. On a fall, the stock will find some support from the long-term average at approximately 18.91€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 9.41%. 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. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for PVA TePla AG stock
PVA TePla AG finds support from accumulated volume at 18.79€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.430€ between high and low, or 2.28%. For the last week the stock has had daily average volatility of 3.32%.
Our recommended stop-loss: 18.32€ (-3.92%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 51 days ago.)
Trading Expectations (TPE.DE) For The Upcoming Trading Day Of Thursday 23rd
For the upcoming trading day on Thursday, 23rd we expect PVA TePla AG to open at 19.10€, and during the day (based on 14 day Average True Range), to move between 18.38€ and 19.76€, which gives a possible trading interval of +/-0.690€ (+/-3.62%) up or down from last closing price. If PVA TePla AG takes out the full calculated possible swing range there will be an estimated 7.23% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 19.17€ (0.52%) than the support at 18.79€ (1.47%), 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 PVA TePla AG stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.757 Buy Candidate Unchanged
Predicted Opening Price for PVA TePla AG of Thursday, May 23, 2024
| Fair opening price May 23, 2024 | Current price |
|---|---|
| 19.10€ ( 0.157%) | 19.07€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TPE.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.53 | 2.41 % | |
| R2 | 19.37 | 1.55 % | ||
| R1 | 19.26 | 1.02 % | ||
| Current price: | 19.07 | |||
| Support | S1 | 18.94 | -0.704 % | |
| S2 | 18.83 | -1.24 % | ||
| S3 | 18.67 | -2.10 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 22.52 | 18.09 % | |
| R2 | 20.00 | 4.88 % | ||
| R1 | 19.17 | 0.524 % | ||
| Current price | 19.07 | |||
| Support | S1 | 18.79 | -1.47% | |
| S2 | 18.73 | -1.78% | ||
| S3 | 18.16 | -4.77% |
TPE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 27, 2013 | Jun 20, 2013 | Jun 20, 2013 | 0.100€ | 5.26% |
| 2 | Mar 29, 2012 | Jun 14, 2012 | Jun 14, 2012 | 0.150€ | 5.51% |
| 3 | Mar 25, 2011 | Jul 01, 2011 | Jul 01, 2011 | 0.150€ | 3.48% |
| 4 | Mar 26, 2010 | Jun 22, 2010 | Jun 22, 2010 | 0.200€ | 3.96% |
FAQ
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