Veolia Environnement S.A. Stock Forecast
Veolia Environnement S.A. stock price up 0.594% on Friday
(Updated on Apr 19, 2024)
The Veolia Environnement S.A. stock price gained 0.594% on the last trading day (Friday, 19th Apr 2024), rising from 28.63€ to 28.80€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.48% from a day low at 28.47€ to a day high of 28.89€. The price has been going up and down for this period, and there has been a -1.23% loss for the last 2 weeks. Volume fell on the last day by -401 thousand shares and in total, 2 million shares were bought and sold for approximately 53.93€ million. 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 lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.16% during the next 3 months and, with a 90% probability hold a price between 26.73€ and 29.18€ at the end of this 3-month period.
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VIE.PA Signals & Forecast
There are mixed signals in the stock today. The Veolia Environnement S.A. 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 29.07€. On a fall, the stock will find some support from the short-term average at 28.30€. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 4.16%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Thursday, June 01, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, June 01, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A sell signal from a double top formation was found on Wednesday, March 27, 2024 and based on theory for this formation the price should fall by -5.89% to 27.11€ within 24 trading days since signal was issued (Monday, April 22, 2024).
Support, Risk & Stop-loss for Veolia Environnement S.A. stock
Veolia Environnement S.A. finds support from accumulated volume at 28.65€ 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 0.420€ between high and low, or 1.48%. For the last week, the stock has had daily average volatility of 1.94%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VIE.PA) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Veolia Environnement S.A. to open at 28.72€, and during the day (based on 14 day Average True Range), to move between 28.24€ and 29.36€, which gives a possible trading interval of +/-0.557€ (+/-1.93%) up or down from last closing price. If Veolia Environnement S.A. takes out the full calculated possible swing range there will be an estimated 3.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 28.65€ (0.52%) than the resistance at 29.01€ (0.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Veolia Environnement S.A. stock A Buy?
Veolia Environnement S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.990 Sell Candidate Unchanged
Predicted Opening Price for Veolia Environnement S.A. of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| 28.72€ ( 0.278%) | 28.80€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VIE.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 29.14 | 1.18 % | |
| R2 | 28.98 | 0.623 % | ||
| R1 | 28.88 | 0.279 % | ||
| Current price: | 28.80 | |||
| Support | S1 | 28.56 | -0.83 % | |
| S2 | 28.46 | -1.18 % | ||
| S3 | 28.30 | -1.74 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 29.75 | 3.30 % | |
| R2 | 29.25 | 1.56 % | ||
| R1 | 29.01 | 0.729 % | ||
| Current price | 28.80 | |||
| Support | S1 | 28.65 | -0.521% | |
| S2 | 28.63 | -0.590% | ||
| S3 | 28.60 | -0.694% |
VIE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 08, 2024 | May 10, 2024 | 1.25€ | 4.34% |
| 2 | Apr 08, 2024 | Apr 08, 2024 | Apr 08, 2024 | 0€ | 0% |
| 3 | May 09, 2023 | May 09, 2023 | May 09, 2023 | 1.12€ | 4.05% |
| 4 | Jul 05, 2022 | Jul 05, 2022 | Jul 05, 2022 | 1.00€ | 4.50% |
| 5 | May 10, 2021 | May 10, 2021 | May 10, 2021 | 0.675€ | 2.72% |
FAQ
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