Vivendi SE Stock Forecast

Vivendi SE stock downgraded from Hold/Accumulate to Sell Candidate after Thursday trading session.
(Updated on May 23, 2024)

VIVHY Signals & Forecast

The Vivendi SE stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $10.87. On a fall, the stock will find some support from the long-term average at approximately $10.61. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Friday, May 17, 2024, and so far it has fallen -1.28%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Wednesday, November 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.

Support, Risk & Stop-loss for Vivendi SE stock

Vivendi SE finds support from accumulated volume at $10.83 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.170 between high and low, or 1.57%. For the last week the stock has had daily average volatility of 0.94%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VIVHY) For The Upcoming Trading Day Of Friday 24th

For the upcoming trading day on Friday, 24th we expect Vivendi SE to open at $10.90, and during the day (based on 14 day Average True Range), to move between $10.70 and $10.98, which gives a possible trading interval of +/-$0.143 (+/-1.32%) up or down from last closing price. If Vivendi SE takes out the full calculated possible swing range there will be an estimated 2.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.83 (0.13%) than the resistance at $10.88 (0.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Vivendi SE stock A Buy?

Vivendi SE 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.807 Sell Candidate Downgraded

Predicted Opening Price for Vivendi SE of Friday, May 24, 2024

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