UCB S.A. Stock Forecast
Green day on Tuesday for UCB S.A. stock after gaining 0.81%
(Updated on Apr 30, 2024)
The UCB S.A. stock price gained 0.81% on the last trading day (Tuesday, 30th Apr 2024), rising from 123.55€ to 124.55€. During the last trading day the stock fluctuated 1.71% from a day low at 123.15€ to a day high of 125.25€. The price has risen in 6 of the last 10 days and is up by 4.36% 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, 35 thousand more shares were traded than the day before. In total, 284 thousand shares were bought and sold for approximately 35.37€ million.
The stock lies in the middle of a narrow and 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 42.93% during the next 3 months and, with a 90% probability hold a price between 174.63€ and 181.44€ at the end of this 3-month period.
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UCB.BB Signals & Forecast
The UCB S.A. 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 123.19€ and 115.63€. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen -0.440%. 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).
Support, Risk & Stop-loss for UCB S.A. stock
On the downside, the stock finds support just below today's level from accumulated volume at 106.50€ and 105.00€. 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, UCB S.A. finds support just below today's level at 106.50€. If this is broken, then the next support from accumulated volume will be at 105.00€ and 104.40€.
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 2.10€ between high and low, or 1.71%. For the last week, the stock has had daily average volatility of 2.16%.
Our recommended stop-loss: 120.05€ (-3.61%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (UCB.BB) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect UCB S.A. to open at 124.32€, and during the day (based on 14 day Average True Range), to move between 122.11€ and 126.99€, which gives a possible trading interval of +/-2.44€ (+/-1.96%) up or down from last closing price. If UCB S.A. takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 125.10€ (0.44%) than the support at 106.50€ (14.49%), 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.
Is UCB S.A. 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 UCB S.A. stock to perform well in the short-term.
Current score: 2.658 Buy Candidate Unchanged
Predicted Opening Price for UCB S.A. of Thursday, May 2, 2024
Fair opening price May 2, 2024 | Current price |
---|---|
124.32€ ( 0.187%) | 124.55€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UCB.BB
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 126.42 | 1.50 % | |
R2 | 125.61 | 0.85 % | ||
R1 | 125.12 | 0.457 % | ||
Current price: | 124.55 | |||
Support | S1 | 123.51 | -0.83 % | |
S2 | 123.02 | -1.23 % | ||
S3 | 122.22 | -1.87 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 125.10 | 0.442 % | ||
Current price | 124.55 | |||
Support | S1 | 106.50 | -14.49% | |
S2 | 105.00 | -15.70% | ||
S3 | 104.40 | -16.18% |
UCB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 26, 2024 | Apr 26, 2024 | Apr 26, 2024 | 0€ | 0% |
2 | Apr 28, 2023 | Apr 28, 2023 | Apr 28, 2023 | 1.33€ | 0% |
3 | Apr 29, 2022 | Apr 29, 2022 | Apr 29, 2022 | 1.30€ | 0% |
4 | Apr 30, 2021 | Apr 30, 2021 | Apr 30, 2021 | 1.27€ | 0% |
5 | Apr 29, 2020 | May 04, 2020 | May 06, 2020 | 1.24€ | 0% |
FAQ
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