Vossloh AG Stock Forecast

Red day on Thursday for Vossloh AG stock after losing 1.39%
(Updated on May 16, 2024)

VOS.F Signals & Forecast

The Vossloh AG 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 47.07€. On a fall, the stock will find some support from the long-term average at approximately 45.33€. 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 Thursday, May 09, 2024, and so far it has fallen -3.56%. Further fall is indicated until a new bottom pivot has been found. Vossloh AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The stock had a Golden Star Signal on Tuesday, February 27, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, August 30, 2023.

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 Vossloh AG stock

Vossloh AG finds support from accumulated volume at 45.55€ 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 0.95€ between high and low, or 2.06%. For the last week, the stock has had daily average volatility of 1.70%.

Our recommended stop-loss: 44.32€ (-3.75%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (VOS.F) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect Vossloh AG to open at 46.37€, and during the day (based on 14 day Average True Range), to move between 45.20€ and 46.90€, which gives a possible trading interval of +/-0.85€ (+/-1.84%) up or down from last closing price. If Vossloh AG takes out the full calculated possible swing range there will be an estimated 3.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 45.55€ (1.09%) than the resistance at 46.90€ (1.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Vossloh AG stock A Buy?

Vossloh AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.547 Hold/Accumulate Unchanged

Predicted Opening Price for Vossloh AG of Friday, May 17, 2024

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