Air Liquide (ADR) Stock Forecast
Air Liquide (ADR) stock price down 1.08% on Thursday
(Updated on Apr 25, 2024)
The Air Liquide (ADR) stock price fell by -1.08% on the last day (Thursday, 25th Apr 2024) from $39.81 to $39.38. During the last trading day the stock fluctuated 2.65% from a day low at $38.50 to a day high of $39.52. The price has fallen in 6 of the last 10 days and is down by -2.96% for this period. Volume has increased on the last day by 14 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 95 thousand shares were bought and sold for approximately $3.74 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $39.16 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.84% during the next 3 months and, with a 90% probability hold a price between $43.01 and $48.65 at the end of this 3-month period.
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AIQUY Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Air Liquide (ADR) 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 $39.90 and $41.12. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -7.75%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Air Liquide (ADR) stock
On the downside, the stock finds support just below today's level from accumulated volume at $36.58 and $36.43. 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, Air Liquide (ADR) finds support just below today's level at $36.58. If this is broken, then the next support from accumulated volume will be at $36.43 and $36.05.
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 $1.02 between high and low, or 2.65%. For the last week the stock has had daily average volatility of 1.41%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AIQUY) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Air Liquide (ADR) to open at $39.13, and during the day (based on 14 day Average True Range), to move between $38.72 and $40.04, which gives a possible trading interval of +/-$0.660 (+/-1.68%) up or down from last closing price. If Air Liquide (ADR) takes out the full calculated possible swing range there will be an estimated 3.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $40.18 (2.03%) than the support at $36.58 (7.11%), 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 Air Liquide (ADR) stock A Buy?
The Air Liquide (ADR) stock holds several negative signals and despite the positive trend, we believe Air Liquide (ADR) will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.986 Sell Candidate Unchanged
Predicted Opening Price for Air Liquide (ADR) of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $39.13 ( 0.626%) | $39.38 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AIQUY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.15 | 1.96 % | |
| R2 | 39.76 | 0.97 % | ||
| R1 | 39.52 | 0.363 % | ||
| Current price: | 39.38 | |||
| Support | S1 | 38.74 | -1.62 % | |
| S2 | 38.50 | -2.23 % | ||
| S3 | 38.11 | -3.22 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.93 | 3.94 % | |
| R2 | 40.30 | 2.34 % | ||
| R1 | 40.18 | 2.03 % | ||
| Current price | 39.38 | |||
| Support | S1 | 36.58 | -7.11% | |
| S2 | 36.43 | -7.49% | ||
| S3 | 36.05 | -8.46% |
AIQUY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 14, 2024 | $0.640 | 1.62% |
| 2 | May 06, 2023 | May 11, 2023 | Jun 08, 2023 | $0.630 | 1.87% |
| 3 | May 07, 2022 | May 12, 2022 | Jun 09, 2022 | $0.590 | 1.80% |
| 4 | Feb 10, 2021 | May 13, 2021 | Jun 14, 2021 | $0.605 | 1.95% |
| 5 | Apr 13, 2020 | May 07, 2020 | Jun 08, 2020 | $0.537 | 2.04% |
FAQ
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