Vitrolife AB (publ) Stock Forecast
Vitrolife AB (publ) stock price up 0.0561% on Friday
(Updated on May 10, 2024)
The Vitrolife AB (publ) stock price gained 0.0561% on the last trading day (Friday, 10th May 2024), rising from kr178.20 to kr178.30. During the last trading day the stock fluctuated 2.55% from a day low at kr176.50 to a day high of kr181.00. The price has risen in 6 of the last 10 days and is up by 9.52% over the past 2 weeks. Volume fell on the last day by -132 thousand shares and in total, 71 thousand shares were bought and sold for approximately kr12.60 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 the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at kr179.36 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -9.73% during the next 3 months and, with a 90% probability hold a price between kr139.64 and kr161.90 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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VITR.ST Signals & Forecast
There are mixed signals in the stock today. The Vitrolife AB (publ) 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 kr182.15. On a fall, the stock will find some support from the short-term average at kr174.50. 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. A sell signal was issued from a pivot top point on Tuesday, May 07, 2024, and so far it has fallen -0.94%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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.
Support, Risk & Stop-loss for Vitrolife AB (publ) stock
Vitrolife AB (publ) finds support from accumulated volume at kr178.20 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 kr4.50 between high and low, or 2.55%. For the last week, the stock has had daily average volatility of 3.35%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VITR.ST) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Vitrolife AB (publ) to open at kr178.60, and during the day (based on 14 day Average True Range), to move between kr171.83 and kr184.77, which gives a possible trading interval of +/-kr6.47 (+/-3.63%) up or down from last closing price. If Vitrolife AB (publ) takes out the full calculated possible swing range there will be an estimated 7.26% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at kr178.20 (0.06%) than the resistance at kr192.90 (8.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vitrolife AB (publ) stock A Buy?
Vitrolife AB (publ) 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: -3.080 Sell Candidate Unchanged
Predicted Opening Price for Vitrolife AB (publ) of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| kr178.60 ( 0.168%) | kr178.30 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VITR.ST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 183.10 | 2.69 % | |
| R2 | 181.38 | 1.73 % | ||
| R1 | 180.32 | 1.13 % | ||
| Current price: | 178.30 | |||
| Support | S1 | 176.88 | -0.796 % | |
| S2 | 175.82 | -1.39 % | ||
| S3 | 174.10 | -2.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 198.60 | 11.39 % | |
| R2 | 197.00 | 10.49 % | ||
| R1 | 192.90 | 8.19 % | ||
| Current price | 178.30 | |||
| Support | S1 | 178.20 | -0.0561% | |
| S2 | 168.00 | -5.78% | ||
| S3 | 162.10 | -9.09% |
VITR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 26, 2024 | Apr 26, 2024 | Apr 26, 2024 | kr0 | 0% |
| 2 | Apr 28, 2023 | Apr 28, 2023 | Apr 28, 2023 | kr0.85 | 0.369% |
| 3 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | kr0.80 | 0.326% |
| 4 | Apr 29, 2021 | Apr 29, 2021 | Apr 29, 2021 | kr0.80 | 0.251% |
| 5 | Apr 29, 2020 | Apr 29, 2020 | Apr 29, 2020 | kr1.05 | 0.584% |
FAQ
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