3U Holding AG Stock Forecast

3U Holding AG stock upgraded to Buy Candidate.
(Updated on May 28, 2024)

UUU.F Signals & Forecast

The 3U Holding AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 2.03€. On a fall, the stock will find some support from the long-term average at approximately 2.00€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, May 08, 2024, and so far it has risen 3.32%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. 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).

Support, Risk & Stop-loss for 3U Holding AG stock

3U Holding AG finds support from accumulated volume at 2.02€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.0450€ (2.25%) between high and low. For the last week, the stock has had daily average volatility of 2.79%.

Our recommended stop-loss: 1.91€ (-5.57%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (UUU.F) For The Upcoming Trading Day Of Wednesday 29th

For the upcoming trading day on Wednesday, 29th we expect 3U Holding AG to open at 2.02€, and during the day (based on 14 day Average True Range), to move between 1.94€ and 2.11€, which gives a possible trading interval of +/-0.0819€ (+/-4.04%) up or down from last closing price. If 3U Holding AG takes out the full calculated possible swing range there will be an estimated 8.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 2.02€ (0.49%) than the resistance at 2.04€ (0.49%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is 3U Holding AG 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 3U Holding AG stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.063 Buy Candidate Upgraded

Predicted Opening Price for 3U Holding AG of Wednesday, May 29, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.