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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Colruyt stock price ended at £51.08 on Thursday, after losing 0%.
(Updated on Aug 08, 2019)

Sell candidate since Jun 28, 2019 PDF

No changes to the price of Colruyt stock on the last trading day (Thursday, 8th Aug 2019). During the last trading day the stock fluctuated 0% from a day low at £51.08 to a day high of £51.08. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at £52.92 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -28.60% during the next 3 months and, with a 90% probability hold a price between £28.11 and £37.79 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.

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0E0W.L Signals & Forecast

There are few to no technical positive signals at the moment. The Colruyt stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £51.08 and £51.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, August 07, 2019, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Colruyt stock

Colruyt finds support from accumulated volume at £50.95 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

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

Trading Expectations (0E0W.L) For The Upcoming Trading Day Of Friday 9th

For the upcoming trading day on Friday, 9th we expect Colruyt to open at £51.08, and during the day (based on 14 day Average True Range), to move between £50.61 and £51.54, which gives a possible trading interval of +/-£0.461 (+/-0.90%) up or down from last closing price. If Colruyt takes out the full calculated possible swing range there will be an estimated 1.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £50.95 (0.25%) than the resistance at £54.18 (6.08%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Colruyt stock A Buy?

Colruyt holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.028 Sell Candidate Unchanged

Predicted Opening Price for Colruyt of Friday, August 9, 2019

Fair opening price August 9, 2019 Current price
£51.08 ( 0.00000000%) £51.08

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

Trading levels for 0E0W.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 51.08 0.00000000 %
R2 51.08 0.00000000 %
R1 51.08 0.00000000 %
Current price: 51.08
Support S1 51.08 0.00000000 %
S2 51.08 0.00000000 %
S3 51.08 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 63.45 24.23 %
R2 63.02 23.39 %
R1 54.18 6.08 %
Current price 51.08
Support S1 50.95 -0.255%
S2 50.92 -0.303%
S3 49.65 -2.80%

FAQ

What is the symbol for Colruyt Stock and on which exchange is it traded?
The symbol for Colruyt is 0E0W.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Colruyt Stock?
Colruyt holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Colruyt Stock?
Colruyt Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Colruyt Stock.

What's the current price of Colruyt Stock?
As of the end of day on the 2019-08-08, the price of an Colruyt (0E0W.L) share was £51.08.

What is the 52-week high and low for Colruyt Stock?
The 52-week high for Colruyt Stock is £67.56 and the 52-week low is £45.38.
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