VIEL & Cie Stock Forecast

Stronger technical forecast for VIEL & Cie stock price after Thursday trading.
(Updated on May 09, 2024)

VIL.PA Signals & Forecast

The VIEL & Cie 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 10.21€ and 9.63€. A breakdown below any of these levels will issue sell signals. VIEL & Cie 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. 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. A sell signal was issued from a pivot top point on Monday, May 06, 2024, and so far it has fallen 0%. 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). The stock had a Golden Star Signal on Thursday, December 21, 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.

Support, Risk & Stop-loss for VIEL & Cie stock

On the downside, the stock finds support just below today's level from accumulated volume at 8.80€ and 8.40€. 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, VIEL & Cie finds support just below today's level at 8.80€. If this is broken, then the next support from accumulated volume will be at 8.40€ and 7.86€.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.300€ between high and low, or 2.97%. For the last week the stock has had daily average volatility of 2.75%.

Our recommended stop-loss: 10.01€ (-3.76%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (VIL.PA) For The Upcoming Trading Day Of Friday 10th

For the upcoming trading day on Friday, 10th we expect VIEL & Cie to open at 10.30€, and during the day (based on 14 day Average True Range), to move between 10.15€ and 10.65€, which gives a possible trading interval of +/-0.245€ (+/-2.36%) up or down from last closing price. If VIEL & Cie takes out the full calculated possible swing range there will be an estimated 4.71% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ 8.80€, some 1.60€ (15.38%) from the current price of 10.40€, our system finds the risk reward attractive.

Is VIEL & Cie 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 VIEL & Cie 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: 2.822 Buy Candidate Upgraded

Predicted Opening Price for VIEL & Cie of Friday, May 10, 2024

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