VITA 34 AG Stock Forecast
Green day on Tuesday for VITA 34 AG
(Updated on Jul 02, 2024)
The VITA 34 AG stock price gained 1.82% on the last trading day (Tuesday, 2nd Jul 2024), rising from 4.40€ to 4.48€. During the last trading day the stock fluctuated 2.73% from a day low at 4.40€ to a day high of 4.52€. The price has fallen in 4 of the last 10 days and is down by -5.08% for this period. Volume fell on the last day by -8 thousand shares and in total, 40 shares were bought and sold for approximately 179.20€ . You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 4.33€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect VITA 34 AG stock with a 90% probability to be traded between 4.26€ and 5.00€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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V3V.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, July 01, 2024, and so far it has risen 1.82%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The VITA 34 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 4.51€ and 4.70€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
A buy signal from a double bottom formation was found on Monday, July 01, 2024 and based on theory for this formation the price should go up by 6.09% to 4.75€ within 51 trading days since signal was issued (Tuesday, September 10, 2024).
Support, Risk & Stop-loss for VITA 34 AG stock
VITA 34 AG finds support from accumulated volume at 4.44€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.120€ between high and low, or 2.73%. For the last week the stock has had daily average volatility of 0.91%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (V3V.DE) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect VITA 34 AG to open at 4.47€, and during the day (based on 14 day Average True Range), to move between 4.38€ and 4.58€, which gives a possible trading interval of +/-0.0969€ (+/-2.16%) up or down from last closing price. If VITA 34 AG takes out the full calculated possible swing range there will be an estimated 4.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 4.52€ (0.89%) than the support at 4.44€ (0.89%), 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 VITA 34 AG stock A Buy?
VITA 34 AG holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.982 Sell Candidate Unchanged
Predicted Opening Price for VITA 34 AG of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 4.47€ ( 0.298%) | 4.48€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for V3V.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.59 | 2.38% |
| R2 | 4.54 | 1.36% |
| R1 | 4.51 | 0.726% |
| Price | 4.48 | |
| S1 | 4.42 | -1.32% |
| S2 | 4.39 | -1.95% |
| S3 | 4.35 | -2.98% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.76 | 6.25% |
| R2 | 4.66 | 4.02% |
| R1 | 4.52 | 0.89% |
| Price | 4.48 | |
| S1 | 4.44 | -0.89% |
| S2 | 4.40 | -1.79% |
| S3 | 0 | - |
V3V Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2019 | Jun 05, 2019 | Jun 07, 2019 | 0.160€ | 1.14% |
| 2 | Mar 28, 2018 | May 16, 2018 | May 18, 2018 | 0.160€ | 1.00% |
| 3 | Mar 13, 2017 | Jun 29, 2017 | Jul 03, 2017 | 0.156€ | 2.32% |
| 4 | Mar 22, 2016 | Aug 26, 2016 | Aug 31, 2016 | 0.156€ | 3.80% |
| 5 | Mar 20, 2015 | Jul 29, 2015 | Jul 29, 2015 | 0.146€ | 2.69% |
FAQ
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