XLON:0GFU
Delisted

Veolia Environnement Stock Forecast

£21.32
+0 (+0%)
At Close: Aug 08, 2019
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Veolia Environnement stock price down 0% on Thursday
(Updated on Aug 08, 2019)

Buy or Hold candidate since Jun 05, 2019 PDF

No changes to the price of Veolia Environnement stock on the last trading day (Thursday, 8th Aug 2019). During the last trading day the stock fluctuated 0% from a day low at £21.32 to a day high of £21.32. 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 in the middle of a weak 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 5.21% during the next 3 months and, with a 90% probability hold a price between £22.05 and £23.55 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

0GFU.L Signals & Forecast

There are mixed signals in the stock today. The Veolia Environnement 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 £21.32 and £21.37. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Wednesday, July 03, 2019, and so far it has fallen 0%. 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).

Support, Risk & Stop-loss for Veolia Environnement stock

Veolia Environnement finds support from accumulated volume at £20.68 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: £20.04 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)

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

For the upcoming trading day on Friday, 9th we expect Veolia Environnement to open at £21.32, and during the day (based on 14 day Average True Range), to move between £21.23 and £21.41, which gives a possible trading interval of +/-£0.0916 (+/-0.43%) up or down from last closing price. If Veolia Environnement takes out the full calculated possible swing range there will be an estimated 0.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £21.37 (0.23%) than the support at £20.68 (3.03%), 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 Veolia Environnement stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Veolia Environnement stock to perform well in the short-term.

Current score: 1.369 Buy Candidate Unchanged

Predicted Opening Price for Veolia Environnement of Friday, August 9, 2019

Fair opening price August 9, 2019 Current price
£21.32 ( 0%) £21.32

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

Trading levels for 0GFU.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.32 .
R2 21.32 .
R1 21.32 .
Current price: 21.32
Support S1 21.32 .
S2 21.32 .
S3 21.32 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.69 1.74 %
R2 21.45 0.586 %
R1 21.37 0.235 %
Current price 21.32
Support S1 20.68 -3.03%
S2 20.51 -3.80%
S3 20.42 -4.21%

FAQ

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

Should I buy or sell Veolia Environnement Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Veolia Environnement stock to perform well in the short-term.

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

What's the current price of Veolia Environnement Stock?
As of the end of day on the 2019-08-08, the price of an Veolia Environnement (0GFU.L) share was £21.32.

What is the 52-week high and low for Veolia Environnement Stock?
The 52-week high for Veolia Environnement Stock is £21.92 and the 52-week low is £16.19.
Click to get the best stock tips daily for free!