YPF SA (ADR) Stock Forecast
YPF SA (ADR) stock upgraded to Strong Buy Candidate.
(Updated on Apr 30, 2024)
The YPF SA (ADR) stock price gained 2.23% on the last trading day (Tuesday, 30th Apr 2024), rising from $21.48 to $21.96. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.46% from a day low at $21.52 to a day high of $22.27. The price has risen in 7 of the last 10 days and is up by 8.44% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $61.23 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 29.40% during the next 3 months and, with a 90% probability hold a price between $25.55 and $29.78 at the end of this 3-month period.
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YPF Signals & Forecast
The YPF SA (ADR) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $20.95 and $20.12. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 15.15%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for YPF SA (ADR) stock
On the downside, the stock finds support just below today's level from accumulated volume at $19.26 and $18.71. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, YPF SA (ADR) finds support just below today's level at $19.26. If this is broken, then the next support from accumulated volume will be at $18.71 and $18.05.
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 $0.745 between high and low, or 3.46%. For the last week, the stock has had daily average volatility of 3.83%.
Our recommended stop-loss: $21.10 (-3.92%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (YPF) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect YPF SA (ADR) to open at $21.92, and during the day (based on 14 day Average True Range), to move between $21.14 and $22.78, which gives a possible trading interval of +/-$0.82 (+/-3.75%) up or down from last closing price. If YPF SA (ADR) takes out the full calculated possible swing range there will be an estimated 7.49% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $19.26, some $2.70 (12.30%) from the current price of $21.96, our system finds the risk reward attractive.
Is YPF SA (ADR) stock A Buy?
YPF SA (ADR) holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 7.620 Strong Buy Candidate Upgraded
Predicted Opening Price for YPF SA (ADR) of Wednesday, May 1, 2024
Fair opening price May 1, 2024 | Current price |
---|---|
$21.92 ( 0.205%) | $21.96 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YPF
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 22.66 | 3.19 % | |
R2 | 22.38 | 1.89 % | ||
R1 | 22.20 | 1.09 % | ||
Current price: | 21.96 | |||
Support | S1 | 21.63 | -1.50 % | |
S2 | 21.45 | -2.30 % | ||
S3 | 21.17 | -3.60 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 21.96 | |||
Support | S1 | 19.26 | -12.30% | |
S2 | 18.71 | -14.80% | ||
S3 | 18.05 | -17.81% |
YPF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 28, 2019 | Jul 09, 2019 | Jul 10, 2019 | $0.138 | 0.748% |
2 | Dec 14, 2018 | Dec 24, 2018 | Dec 26, 2018 | $0.0800 | 0.609% |
3 | Jun 23, 2017 | Jul 03, 2017 | Jul 06, 2017 | $0.113 | 0.512% |
4 | Jun 27, 2016 | Jul 01, 2016 | Jul 06, 2016 | $0.151 | 0.789% |
5 | Jul 22, 2015 | Jul 22, 2015 | Jul 22, 2015 | $0.140 | 0.577% |
FAQ
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