PVA TePla AG Stock Forecast
Stronger technical forecast for PVA TePla AG stock price after Friday trading.
(Updated on Jun 28, 2024)
The PVA TePla AG stock price gained 0.728% on the last trading day (Friday, 28th Jun 2024), rising from 15.10€ to 15.21€. During the last trading day the stock fluctuated 2.78% from a day low at 15.09€ to a day high of 15.51€. The price has fallen in 7 of the last 10 days and is down by -9.36% for this period. Volume fell on the last day by -5 thousand shares and in total, 41 thousand shares were bought and sold for approximately 630.80€ thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 15.06€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.74% during the next 3 months and, with a 90% probability hold a price between 13.44€ and 16.98€ at the end of this 3-month period.
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TPE.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 0.728%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 15.63€ and 18.03€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for PVA TePla AG stock
PVA TePla AG finds support from accumulated volume at 15.10€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved 0.420€ between high and low, or 2.78%. For the last week the stock has had daily average volatility of 4.08%.
PVA TePla AG is oversold on RSI14 (16). 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.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect PVA TePla AG to open at 15.27€, and during the day (based on 14 day Average True Range), to move between 14.63€ and 15.79€, which gives a possible trading interval of +/-0.578€ (+/-3.80%) up or down from last closing price. If PVA TePla AG takes out the full calculated possible swing range there will be an estimated 7.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 15.10€ (0.72%) than the resistance at 16.78€ (10.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PVA TePla AG stock A Buy?
PVA TePla AG holds several negative signals and is within a very 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -3.548 Sell Candidate Upgraded
Predicted Opening Price for PVA TePla AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 15.27€ ( 0.394%) | 15.21€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TPE.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 15.69 | 3.16% |
| R2 | 15.53 | 2.10% |
| R1 | 15.43 | 1.45% |
| Price | 15.21 | |
| S1 | 15.11 | -0.660% |
| S2 | 15.01 | -1.31% |
| S3 | 14.85 | -2.37% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.90 | 24.26% |
| R2 | 18.73 | 23.14% |
| R1 | 16.78 | 10.32% |
| Price | 15.21 | |
| S1 | 15.10 | -0.723% |
| 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€ | 0% |
| 2 | Mar 29, 2012 | Jun 14, 2012 | Jun 14, 2012 | 0.150€ | 0% |
| 3 | Mar 25, 2011 | Jul 01, 2011 | Jul 01, 2011 | 0.150€ | 0% |
| 4 | Mar 26, 2010 | Jun 22, 2010 | Jun 22, 2010 | 0.200€ | 0% |
FAQ
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