Grupo Aeroportuario del Sureste SA de CV Stock Forecast
Green day on Wednesday for Grupo Aeroportuario del Sureste SA de CV
(Updated on Mar 27, 2024)
The Grupo Aeroportuario del Sureste SA de CV stock price gained 0.632% on the last trading day (Wednesday, 27th Mar 2024), rising from $315.01 to $317.00. During the last trading day the stock fluctuated 1.79% from a day low at $315.05 to a day high of $320.71. The price has been going up and down for this period, and there has been a 4.5% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 thousand more shares were traded than the day before. In total, 31 thousand shares were bought and sold for approximately $9.87 million.
The stock lies in the middle of a wide and 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 8.38% during the next 3 months and, with a 90% probability hold a price between $313.33 and $358.30 at the end of this 3-month period.
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ASR Signals & Forecast
Mostly positive signals in the chart today. The Grupo Aeroportuario del Sureste SA de CV 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 $309.01 and $300.23. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 12.92%. 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). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Grupo Aeroportuario del Sureste SA de CV stock
Grupo Aeroportuario del Sureste SA de CV finds support from accumulated volume at $313.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.65 between high and low, or 1.79%. For the last week, the stock has had daily average volatility of 2.01%.
Our recommended stop-loss: $299.88 (-5.40%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from a pivot bottom found 20 days ago.)
Trading Expectations (ASR) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Grupo Aeroportuario del Sureste SA de CV to open at $317.59, and during the day (based on 14 day Average True Range), to move between $310.20 and $323.80, which gives a possible trading interval of +/-$6.80 (+/-2.15%) up or down from last closing price. If Grupo Aeroportuario del Sureste SA de CV takes out the full calculated possible swing range there will be an estimated 4.29% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $313.00, some $4.00 (1.26%) from the current price of $317.00, our system finds the risk reward attractive.
Is Grupo Aeroportuario del Sureste SA de CV stock A Buy?
Grupo Aeroportuario del Sureste SA de CV holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Current score: 6.517 Strong Buy Candidate Unchanged
Predicted Opening Price for Grupo Aeroportuario del Sureste SA de CV of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$317.59 ( 0.185%) | $317.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ASR
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 323.24 | 1.97 % | |
R2 | 321.08 | 1.29 % | ||
R1 | 319.75 | 0.87 % | ||
Current price: | 317.00 | |||
Support | S1 | 315.42 | -0.497 % | |
S2 | 314.09 | -0.92 % | ||
S3 | 311.93 | -1.60 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 317.00 | |||
Support | S1 | 313.00 | -1.26% | |
S2 | 298.15 | -5.95% | ||
S3 | 284.51 | -10.25% |
ASR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 08, 2023 | Nov 27, 2023 | Dec 11, 2023 | $5.71 | 2.47% |
2 | May 17, 2023 | May 26, 2023 | Jun 12, 2023 | $5.65 | 1.95% |
3 | May 13, 2022 | May 27, 2022 | Jun 13, 2022 | $7.41 | 3.65% |
4 | Sep 22, 2021 | Sep 29, 2021 | Oct 12, 2021 | $4.12 | 2.14% |
5 | May 24, 2019 | Jun 04, 2019 | Jun 17, 2019 | $5.25 | 3.15% |
FAQ
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