PVA TePla AG Stock Forecast
Red day on Monday for PVA TePla AG stock after losing 2.69%
(Updated on Jun 24, 2024)
The PVA TePla AG stock price fell by -2.69% on the last day (Monday, 24th Jun 2024) from 15.97€ to 15.54€. During the last trading day the stock fluctuated 6.84% from a day low at 15.05€ to a day high of 16.08€. The price has fallen in 7 of the last 10 days and is down by -16.18% for this period. Volume has increased on the last day by 28 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, 99 thousand shares were bought and sold for approximately 1.54€ million.
The stock has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point (16.41€) are considered to be a "second chance" to get out. According to the fan-theory 13.26€ will represent the new bottom line of the next trend, but it is far too early to say this for certain.
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TPE.DE Signals & Forecast
There are few to no technical positive signals at the moment. The PVA TePla AG 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 16.37€ and 18.56€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 14, 2024, and so far it has fallen -23.22%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for PVA TePla AG stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 1.03€ between high and low, or 6.84%. For the last week, the stock has had daily average volatility of 4.03%.
PVA TePla AG is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TPE.DE) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect PVA TePla AG to open at 15.56€, and during the day (based on 14 day Average True Range), to move between 14.94€ and 16.14€, which gives a possible trading interval of +/-0.599€ (+/-3.85%) up or down from last closing price. If PVA TePla AG takes out the full calculated possible swing range there will be an estimated 7.70% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 18.73€, some 3.19€ (20.53%) from the current price of 15.54€, our system finds the risk reward not very attractive.
Is PVA TePla AG stock A Buy?
PVA TePla AG holds several negative signals and is within a wide and 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: -7.172 Strong Sell Candidate Unchanged
Predicted Opening Price for PVA TePla AG of Tuesday, June 25, 2024
| Fair opening price June 25, 2024 | Current price |
|---|---|
| 15.56€ ( 0.107%) | 15.54€ |
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 | |
|---|---|---|
| R3 | 16.59 | 6.74% |
| R2 | 16.19 | 4.20% |
| R1 | 15.95 | 2.64% |
| Price | 15.54 | |
| S1 | 15.16 | -2.42% |
| S2 | 14.92 | -3.99% |
| S3 | 14.53 | -6.52% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 19.17 | 23.36% |
| R2 | 18.90 | 21.62% |
| R1 | 18.73 | 20.53% |
| Price | 15.54 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
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€ | 5.56% |
| 3 | Mar 25, 2011 | Jul 01, 2011 | Jul 01, 2011 | 0.150€ | 3.45% |
| 4 | Mar 26, 2010 | Jun 22, 2010 | Jun 22, 2010 | 0.200€ | 3.96% |
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