Vaisala Oyj Stock Forecast

Vaisala Oyj stock price up 2.13% on Friday
(Updated on May 03, 2024)

VAIAS.HE Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 10.26%. 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). Vaisala Oyj has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vaisala Oyj stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 36.47€. On a fall, the stock will find some support from the short-term average at 35.21€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Vaisala Oyj stock

Vaisala Oyj finds support from accumulated volume at 34.85€ 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 1.40€ between high and low, or 4.01%. For the last week, the stock has had daily average volatility of 2.98%.

Our recommended stop-loss: 34.65€ (-3.76%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (VAIAS.HE) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Vaisala Oyj to open at 35.77€, and during the day (based on 14 day Average True Range), to move between 34.97€ and 37.03€, which gives a possible trading interval of +/-1.03€ (+/-2.87%) up or down from last closing price. If Vaisala Oyj takes out the full calculated possible swing range there will be an estimated 5.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 36.30€ (0.83%) than the support at 34.85€ (3.19%), 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 Vaisala Oyj stock A Buy?

Vaisala Oyj holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.587 Hold/Accumulate Unchanged

Predicted Opening Price for Vaisala Oyj of Monday, May 6, 2024

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