Willy-food Investments Ltd Stock Forecast
Willy-food Investments Ltd stock price ended at ₪1,790.00 on Tuesday, after losing 0.89%.
(Updated on Jul 02, 2024)
The Willy-food Investments Ltd stock price fell by -0.89% on the last day (Tuesday, 2nd Jul 2024) from ₪1,806.00 to ₪1,790.00. During the last trading day the stock fluctuated 0.89% from a day low at ₪1,790.00 to a day high of ₪1,806.00. The price has risen in 4 of the last 10 days and is up by 3.71% over the past 2 weeks. Volume has increased on the last day by 97 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 302 shares were bought and sold for approximately ₪540.58 thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.54% during the next 3 months and, with a 90% probability hold a price between ₪1,526.43 and ₪1,687.59 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
WLFD.TA Signals & Forecast
The Willy-food Investments Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₪1,779.00 and ₪1,787.60. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 4.62%. Further rise is indicated until a new top pivot has been found. 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. Willy-food Investments Ltd 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".
Support, Risk & Stop-loss for Willy-food Investments Ltd stock
Willy-food Investments Ltd finds support from accumulated volume at ₪1,780.00 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₪16.00 between high and low, or 0.89%. For the last week the stock has had daily average volatility of 0.81%.
Our recommended stop-loss: ₪1,739.88 (-2.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 43 days ago.)
Trading Expectations (WLFD.TA) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Willy-food Investments Ltd to open at ₪1,795.33, and during the day (based on 14 day Average True Range), to move between ₪1,762.06 and ₪1,817.94, which gives a possible trading interval of +/-₪27.94 (+/-1.56%) up or down from last closing price. If Willy-food Investments Ltd takes out the full calculated possible swing range there will be an estimated 3.12% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₪1,780.00 (0.56%) than the resistance at ₪1,884.00 (5.25%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Willy-food Investments Ltd stock A Buy?
Willy-food Investments Ltd 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: 0.950 Hold/Accumulate Unchanged
Predicted Opening Price for Willy-food Investments Ltd of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| ₪1,795.33 ( 0.298%) | ₪1,790.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WLFD.TA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,811.33 | 1.19% |
| R2 | 1,805.22 | 0.85% |
| R1 | 1,801.45 | 0.639% |
| Price | 1,790.00 | |
| S1 | 1,789.22 | -0.0435% |
| S2 | 1,785.45 | -0.254% |
| S3 | 1,779.33 | -0.596% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,997.00 | 11.56% |
| R2 | 1,898.00 | 6.03% |
| R1 | 1,884.00 | 5.25% |
| Price | 1,790.00 | |
| S1 | 1,780.00 | -0.559% |
| S2 | 1,756.00 | -1.90% |
| S3 | 1,737.00 | -2.96% |
WLFD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 31, 2022 | Mar 31, 2022 | Mar 31, 2022 | ₪601.10 | 15.93% |
| 2 | Dec 05, 2017 | Dec 05, 2017 | Dec 05, 2017 | ₪30.06 | 1.85% |
| 3 | Mar 05, 2017 | Mar 05, 2017 | Mar 05, 2017 | ₪60.11 | 3.97% |
| 4 | Sep 13, 2016 | Sep 13, 2016 | Sep 13, 2016 | ₪37.57 | 2.31% |
| 5 | Dec 23, 2015 | Dec 23, 2015 | Dec 23, 2015 | ₪105.22 | 8.83% |
FAQ
Click here for our free guide on how to buy Willy-food Investments Ltd Stock.
