ageas SA/NV Stock Forecast

ageas SA/NV stock price ended at 43.46€ on Thursday, after losing 0.91%.
(Updated on Apr 25, 2024)

AGS.BB Signals & Forecast

The ageas SA/NV 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 43.45€ and 41.75€. 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 -1.32%. 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. The stock had a Golden Star Signal on Monday, March 11, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for ageas SA/NV stock

On the downside, the stock finds support just below today's level from accumulated volume at 39.90€ and 39.20€. 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, ageas SA/NV finds support just below today's level at 39.90€. If this is broken, then the next support from accumulated volume will be at 39.20€ and 38.26€.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.680€ between high and low, or 1.58%. For the last week the stock has had daily average volatility of 1.32%.

Our recommended stop-loss: 41.58€ (-4.33%) (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 (AGS.BB) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect ageas SA/NV to open at 43.46€, and during the day (based on 14 day Average True Range), to move between 42.80€ and 44.12€, which gives a possible trading interval of +/-0.663€ (+/-1.53%) up or down from last closing price. If ageas SA/NV takes out the full calculated possible swing range there will be an estimated 3.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 43.82€ (0.83%) than the support at 39.90€ (8.19%), 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 ageas SA/NV 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 ageas SA/NV stock to perform well in the short-term.

Current score: 3.412 Buy Candidate Unchanged

Predicted Opening Price for ageas SA/NV of Friday, April 26, 2024

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