Volkswagen AG Stock Forecast

Volkswagen AG stock price ended at 139.40€ on Friday, after gaining 1.01%.
(Updated on May 24, 2024)

VOW.DE Signals & Forecast

There are mixed signals in the stock today. The Volkswagen AG 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 140.00€. On a fall, the stock will find some support from the short-term average at 138.83€. 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 14, 2024, and so far it has fallen -2.31%. 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. The stock had a Golden Star Signal on Monday, January 08, 2024 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 Volkswagen AG stock

Volkswagen AG finds support from accumulated volume at 138.70€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 3.00€ (2.20%) between high and low. For the last week, the stock has had daily average volatility of 1.59%.

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

Trading Expectations (VOW.DE) For The Upcoming Trading Day Of Monday 27th

For the upcoming trading day on Monday, 27th we expect Volkswagen AG to open at 138.40€, and during the day (based on 14 day Average True Range), to move between 136.61€ and 142.19€, which gives a possible trading interval of +/-2.79€ (+/-2.00%) up or down from last closing price. If Volkswagen AG takes out the full calculated possible swing range there will be an estimated 4.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 139.90€ (0.36%) than the support at 138.70€ (0.50%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Volkswagen AG stock A Buy?

Volkswagen AG 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: -1.360 Sell Candidate Unchanged

Predicted Opening Price for Volkswagen AG of Monday, May 27, 2024

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