Valeo SE Stock Forecast
Red day on Tuesday for Valeo SE stock after losing 1.66%
(Updated on Jun 25, 2024)
The Valeo SE stock price fell by -1.66% on the last day (Tuesday, 25th Jun 2024) from $5.41 to $5.32. During the last trading day the stock fluctuated 0.752% from a day low at $5.32 to a day high of $5.36. The price has fallen in 5 of the last 10 days and is down by -9.06% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -5 thousand shares and in total, 2 thousand shares were bought and sold for approximately $10.42 thousand.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $5.07 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -12.94% during the next 3 months and, with a 90% probability hold a price between $4.42 and $5.87 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
VLEEY Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 2.90%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Valeo SE 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 $6.12. On a fall, the stock will find some support from the short-term average at $5.32. 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). 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 very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Valeo SE stock
Valeo SE finds support from accumulated volume at $5.31 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0400 between high and low, or 0.752%. For the last week the stock has had daily average volatility of 0.712%.
Valeo SE is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VLEEY) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Valeo SE to open at $5.33, and during the day (based on 14 day Average True Range), to move between $5.17 and $5.47, which gives a possible trading interval of +/-$0.151 (+/-2.83%) up or down from last closing price. If Valeo SE takes out the full calculated possible swing range there will be an estimated 5.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5.31 (0.19%) than the resistance at $6.14 (15.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Valeo SE stock A Buy?
Valeo 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.
Current score: -2.400 Sell Candidate Unchanged
Predicted Opening Price for Valeo SE of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $5.33 ( 0.251%) | $5.32 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VLEEY
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.37 | 1.00% |
| R2 | 5.36 | 0.715% |
| R1 | 5.35 | 0.538% |
| Price | 5.32 | |
| S1 | 5.32 | -0.0366% |
| S2 | 5.31 | -0.214% |
| S3 | 5.29 | -0.501% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.48 | 21.80% |
| R2 | 6.36 | 19.55% |
| R1 | 6.14 | 15.41% |
| Price | 5.32 | |
| S1 | 5.31 | -0.188% |
| S2 | 5.17 | -2.82% |
| S3 | 0 | - |
VLEEY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 23, 2024 | May 23, 2024 | Jun 14, 2024 | $0.214 | 4.15% |
| 2 | May 25, 2023 | May 25, 2023 | Aug 24, 2023 | $0.208 | 2.17% |
| 3 | May 25, 2022 | May 25, 2022 | Jun 15, 2022 | $0.190 | 1.81% |
| 4 | May 26, 2021 | May 26, 2021 | May 26, 2021 | $0.182 | 1.14% |
| 5 | Jun 25, 2020 | Jun 25, 2020 | Jun 25, 2020 | $0.112 | 0.88% |
FAQ
Click here for our free guide on how to buy Valeo SE Stock.
