Aedifica SA Stock Forecast
Aedifica SA stock upgraded to Buy Candidate.
(Updated on Apr 25, 2024)
The Aedifica SA stock price fell by -1.17% on the last day (Thursday, 25th Apr 2024) from 59.90€ to 59.20€. During the last trading day the stock fluctuated 2.38% from a day low at 58.85€ to a day high of 60.25€. The price has fallen in 6 of the last 10 days but is still up by 1.46% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -38 thousand shares and in total, 47 thousand shares were bought and sold for approximately 2.77€ million.
The stock lies in the upper part of a wide and weak rising 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 60.66€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.98% during the next 3 months and, with a 90% probability hold a price between 54.34€ and 62.46€ at the end of this 3-month period.
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AED.BB Signals & Forecast
The Aedifica SA 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 59.07€ and 56.09€. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -2.31%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Aedifica SA stock
On the downside, the stock finds support just below today's level from accumulated volume at 52.65€ and 52.50€. 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, Aedifica SA finds support just below today's level at 52.65€. If this is broken, then the next support from accumulated volume will be at 52.50€ and 52.00€.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 1.40€ (2.38%) between high and low. For the last week, the stock has had daily average volatility of 1.93%.
Our recommended stop-loss: 56.42€ (-4.69%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (AED.BB) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Aedifica SA to open at 59.43€, and during the day (based on 14 day Average True Range), to move between 57.97€ and 60.43€, which gives a possible trading interval of +/-1.23€ (+/-2.08%) up or down from last closing price. If Aedifica SA takes out the full calculated possible swing range there will be an estimated 4.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 59.90€ (1.18%) than the support at 52.65€ (11.06%), 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.
Earnings coming up
Aedifica SA will release earnings BMO on Thursday, May 02, 2024. We will update the financials statements for Aedifica SA, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.14% in the first trading day after earnings release.
Is Aedifica SA 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 Aedifica SA stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.043 Buy Candidate Upgraded
Predicted Opening Price for Aedifica SA of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| 59.43€ ( 0.394%) | 59.20€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AED.BB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 60.83 | 2.76 % | |
| R2 | 60.30 | 1.86 % | ||
| R1 | 59.97 | 1.30 % | ||
| Current price: | 59.20 | |||
| Support | S1 | 58.90 | -0.509 % | |
| S2 | 58.57 | -1.07 % | ||
| S3 | 58.03 | -1.97 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 60.60 | 2.36 % | |
| R2 | 60.20 | 1.69 % | ||
| R1 | 59.90 | 1.18 % | ||
| Current price | 59.20 | |||
| Support | S1 | 52.65 | -11.06% | |
| S2 | 52.50 | -11.32% | ||
| S3 | 52.00 | -12.16% |
AED Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 16, 2024 | 0€ | 0% |
| 2 | Jun 22, 2023 | Jun 22, 2023 | Jun 22, 2023 | 1.92€ | 0% |
| 3 | May 12, 2023 | May 12, 2023 | May 12, 2023 | 1.89€ | 0% |
| 4 | May 11, 2023 | May 11, 2023 | May 11, 2023 | 1.89€ | 0% |
| 5 | Jun 27, 2022 | Jun 27, 2022 | Jun 27, 2022 | 1.81€ | 0% |
FAQ
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