Stronger Sell Today 0E8P.L ranks #634 as SELL CANDIDATE #634 Weaker Sell

0E8P.L stock forecast EDP-Energias DE Portugal S.A.

0E8P.L stock forecast

VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will 0E8P.L stock price go up or down on Tue, 28 May 2019?

Predict

EDP-Energias DE Portugal S.A. Forecast and Stock Analysis

Technical 0E8P.L stock analysis for Friday May 24, 2019.

Sell candidate since 2019-05-22 Gain 2.10%


EDP-Energias DE Portugal S.A. gained 2.35% in the last trading day ( Friday, 24th May 2019 ), rising from 3.26€ to 3.34€ During day the stock fluctuated 1.03% from a day low at 3.30€ to a day high of 3.34€. The price has risen in 5 of the last 10 days and is up by 1.12% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 10.97 million more shares were traded than the day before. In total, 11.10 million shares bought and sold for approximately 37.04€ million.

Quick summary:

  • 30 day high of the 0E8P.L stock price was 3.43€ and low was 3.09€.
  • 90 day high was 3.54€ and low was 3.09€.
  • 52 week high for the EDP-Energias DE Portugal S.A. - 3.54€ and low - 2.91€.

Trend

Given the current horizontal trend you can expect EDP-Energias DE Portugal S.A. with 90% probability to be traded between 3.14€ and 3.53€ at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Wednesday May 15, 2019, which indicates further gains 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. EDP-Energias DE Portugal S.A. holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at 3.36€. On a fall, the stock will find some support from the short-term average at 3.25€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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Relative Strength Index (RSI)

RSI14 is 48 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

EDP-Energias DE Portugal S.A. finds support from accumulated volume at 3.30€.

Support: 3.30€ Price: 3.34€ Resistance: 3.38€

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved 0.03€ (1.03%) between high and low. For the last week, the stock has had a daily average volatility of 0.65%.

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

0.65 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today 0E8P.L ranks #634 as SELL CANDIDATE #634 Weaker Sell

Will 0E8P.L stock price go up or down
on Tue, 28 May 2019?

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