TUI AG Stock Forecast
Red day on Thursday for TUI AG
(Updated on May 09, 2024)
The TUI AG stock price fell by -0.0902% on the last day (Thursday, 9th May 2024) from 6.65€ to 6.65€. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.76% from a day low at 6.60€ to a day high of 6.78€. The price has fallen in 6 of the last 10 days and is down by -1.16% 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 -996 thousand shares and in total, 2 million shares were bought and sold for approximately 10.48€ million.
The stock has broken the wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at 6.69€. A reaction back to this level may hold a second chance to get out before further falls.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
TUI1.DE Signals & Forecast
There are mixed signals in the stock today. The TUI 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 6.66€ and 7.05€. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.10%. 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).
Support, Risk & Stop-loss for TUI AG stock
TUI AG finds support from accumulated volume at 6.50€ 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.182€ between high and low, or 2.76%. For the last week, the stock has had daily average volatility of 2.70%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TUI1.DE) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect TUI AG to open at 6.68€, and during the day (based on 14 day Average True Range), to move between 6.40€ and 6.89€, which gives a possible trading interval of +/-0.243€ (+/-3.65%) up or down from last closing price. If TUI AG takes out the full calculated possible swing range there will be an estimated 7.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 6.69€ (0.69%) than the support at 6.50€ (2.17%), 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.
Earnings coming up
TUI AG will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for TUI AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 8.78% in the first trading day after earnings release.
Is TUI AG stock A Buy?
TUI AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.823 Sell Candidate Unchanged
Predicted Opening Price for TUI AG of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| 6.68€ ( 0.451%) | 6.65€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TUI1.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.86 | 3.19 % | |
| R2 | 6.79 | 2.14 % | ||
| R1 | 6.75 | 1.50 % | ||
| Current price: | 6.65 | |||
| Support | S1 | 6.61 | -0.595 % | |
| S2 | 6.56 | -1.24 % | ||
| S3 | 6.49 | -2.29 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 7.49 | 12.70 % | |
| R2 | 6.83 | 2.77 % | ||
| R1 | 6.69 | 0.692 % | ||
| Current price | 6.65 | |||
| Support | S1 | 6.50 | -2.17% | |
| S2 | 6.36 | -4.24% | ||
| S3 | 6.26 | -5.75% |
TUI1 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 09, 2022 | Feb 09, 2022 | Feb 09, 2022 | 0.540€ | 3.09% |
| 2 | Dec 11, 2019 | Feb 12, 2020 | Feb 14, 2020 | 1.52€ | 5.17% |
| 3 | Feb 13, 2019 | Feb 13, 2019 | Feb 13, 2019 | 2.03€ | 7.80% |
| 4 | Feb 11, 2019 | Feb 11, 2019 | Feb 11, 2019 | 0.720€ | 2.39% |
| 5 | Feb 14, 2018 | Feb 14, 2018 | Feb 14, 2018 | 1.83€ | 3.84% |
FAQ
Click here for our free guide on how to buy TUI AG Stock.
