TOTAL SE Stock Forecast
TOTAL SE stock price ended at $74.08 on Friday, after gaining 1.83%.
(Updated on Apr 26, 2024)
The TOTAL SE stock price gained 1.83% on the last trading day (Friday, 26th Apr 2024), rising from $72.75 to $74.08. During the last trading day the stock fluctuated 2.43% from a day low at $73.60 to a day high of $75.39. The price has fallen in 6 of the last 10 days but is still up by 2.19% 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, 750 more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately $128.90 thousand.
The stock lies in the middle of a strong 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 17.07% during the next 3 months and, with a 90% probability hold a price between $83.35 and $89.01 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
TTFNF Signals & Forecast
The TOTAL SE 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 $72.88 and $70.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 4.32%. Further rise is indicated until a new top pivot has been found. TOTAL SE has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
A buy signal from a double bottom formation was found on Tuesday, February 20, 2024 with a target of $63.90. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
Support, Risk & Stop-loss for TOTAL SE stock
On the downside, the stock finds support just below today's level from accumulated volume at $67.32 and $64.97. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, TOTAL SE finds support just below today's level at $67.32. If this is broken, then the next support from accumulated volume will be at $64.97 and $62.70.
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 $1.79 between high and low, or 2.43%. For the last week the stock has had daily average volatility of 2.31%.
Our recommended stop-loss: $70.53 (-4.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (TTFNF) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect TOTAL SE to open at $74.36, and during the day (based on 14 day Average True Range), to move between $72.57 and $75.59, which gives a possible trading interval of +/-$1.51 (+/-2.04%) up or down from last closing price. If TOTAL SE takes out the full calculated possible swing range there will be an estimated 4.07% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $67.32, some $6.76 (9.13%) from the current price of $74.08, our system finds the risk reward attractive.
Is TOTAL SE stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for TOTAL SE stock to perform well in the short-term.
Current score: 4.177 Buy Candidate Unchanged
Predicted Opening Price for TOTAL SE of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $74.36 ( 0.373%) | $74.08 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TTFNF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 76.15 | 2.79 % | |
| R2 | 75.46 | 1.87 % | ||
| R1 | 75.04 | 1.30 % | ||
| Current price: | 74.08 | |||
| Support | S1 | 73.67 | -0.550 % | |
| S2 | 73.25 | -1.12 % | ||
| S3 | 72.57 | -2.04 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 74.08 | |||
| Support | S1 | 67.32 | -9.13% | |
| S2 | 64.97 | -12.30% | ||
| S3 | 62.70 | -15.36% |
TTFNF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 19, 2024 | Jun 19, 2024 | Jul 01, 2024 | $0.86 | 1.16% |
| 2 | Mar 20, 2024 | Mar 20, 2024 | Mar 20, 2024 | $0 | 0% |
| 3 | Jan 02, 2024 | Jan 02, 2024 | Jan 02, 2024 | $0 | 0% |
| 4 | Sep 20, 2023 | Sep 20, 2023 | Sep 20, 2023 | $0.791 | 1.18% |
| 5 | Jun 21, 2023 | Jun 21, 2023 | Jun 21, 2023 | $0.81 | 1.36% |
FAQ
Click here for our free guide on how to buy TOTAL SE Stock.
