TUI AG Stock Forecast
Red day on Friday for TUI AG stock after losing 2.62%
(Updated on May 17, 2024)
The TUI AG stock price fell by -2.62% on the last day (Friday, 17th May 2024) from 6.71€ to 6.53€. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.94% from a day low at 6.40€ to a day high of 6.72€. The price has fallen in 6 of the last 10 days and is down by -1.57% for this period. Volume has increased on the last day by 2 million 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, 5 million shares were bought and sold for approximately 35.79€ million.
The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 6.33€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.38% during the next 3 months and, with a 90% probability hold a price between 6.54€ and 8.29€ at the end of this 3-month period.
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TUI1.DE Signals & Forecast
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. 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 6.78€ and 7.03€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 10, 2024, and so far it has fallen -17.38%. Further fall is indicated until a new bottom pivot has been found. 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 TUI AG stock
TUI AG finds support from accumulated volume at 6.47€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.316€ between high and low, or 4.94%. For the last week the stock has had daily average volatility of 5.10%.
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 Monday 20th
For the upcoming trading day on Monday, 20th we expect TUI AG to open at 6.55€, and during the day (based on 14 day Average True Range), to move between 6.26€ and 6.80€, which gives a possible trading interval of +/-0.273€ (+/-4.18%) up or down from last closing price. If TUI AG takes out the full calculated possible swing range there will be an estimated 8.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 6.47€ (0.98%) than the resistance at 6.69€ (2.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is TUI AG stock A Buy?
The TUI AG stock holds several negative signals and despite the positive trend, we believe TUI AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.560 Sell Candidate Unchanged
Predicted Opening Price for TUI AG of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 6.55€ ( 0.286%) | 6.53€ |
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 | 6.87 | 5.12 % | |
| R2 | 6.75 | 3.28 % | ||
| R1 | 6.67 | 2.13 % | ||
| Current price: | 6.53 | |||
| Support | S1 | 6.43 | -1.56 % | |
| S2 | 6.36 | -2.70 % | ||
| S3 | 6.23 | -4.55 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 7.49 | 14.67 % | |
| R2 | 6.90 | 5.70 % | ||
| R1 | 6.69 | 2.45 % | ||
| Current price | 6.53 | |||
| Support | S1 | 6.47 | -0.98% | |
| S2 | 6.29 | -3.77% | ||
| S3 | 6.12 | -6.37% |
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
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