RSI low/high Values: [ 25 - 80 ]
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AI Analysis of COLR.BB
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Etablissementen Franz Colruyt N.V. stock price up 0.440% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 11, 2024 Gain 4.03% PDF

The Etablissementen Franz Colruyt N.V. stock price gained 0.440% on the last trading day (Wednesday, 27th Mar 2024), rising from 43.15€ to 43.34€. During the last trading day the stock fluctuated 1.02% from a day low at 43.19€ to a day high of 43.63€. The price has risen in 6 of the last 10 days and is up by 1.07% over the past 2 weeks. Volume fell on the last day by -32 thousand shares and in total, 56 thousand shares were bought and sold for approximately 2.41€ million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Etablissementen Franz Colruyt N.V. stock with a 90% probability to be traded between 39.94€ and 45.48€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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COLR.BB Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, February 29, 2024, and so far it has fallen -2.34%. 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). The Etablissementen Franz Colruyt N.V. 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 42.55€ and 41.65€. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Etablissementen Franz Colruyt N.V. stock

Etablissementen Franz Colruyt N.V. finds support from accumulated volume at 43.23€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 0.440€ (1.02%) between high and low. For the last week, the stock has had daily average volatility of 1.72%.

Our recommended stop-loss: 41.97€ (-3.17%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (COLR.BB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Etablissementen Franz Colruyt N.V. to open at 43.39€, and during the day (based on 14 day Average True Range), to move between 42.53€ and 44.15€, which gives a possible trading interval of +/-0.81€ (+/-1.86%) up or down from last closing price. If Etablissementen Franz Colruyt N.V. takes out the full calculated possible swing range there will be an estimated 3.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 43.36€ (0.05%) than the support at 43.23€ (0.25%), 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 Etablissementen Franz Colruyt N.V. stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Etablissementen Franz Colruyt N.V. stock to perform well in the short-term period.

Current score: 2.792 Buy Candidate Unchanged

Predicted Opening Price for Etablissementen Franz Colruyt N.V. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
43.39€ ( 0.108%) 43.34€

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

Trading levels for COLR.BB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 43.83 1.12 %
R2 43.66 0.735 %
R1 43.55 0.495 %
Current price: 43.34
Support S1 43.22 -0.280 %
S2 43.11 -0.520 %
S3 42.95 -0.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 44.38 2.40 %
R2 44.17 1.92 %
R1 43.36 0.0461 %
Current price 43.34
Support S1 43.23 -0.254%
S2 42.03 -3.02%
S3 41.91 -3.30%

COLR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 20, 2023 Dec 20, 2023 Dec 20, 2023 0€ 0%
2 Sep 30, 2022 Sep 30, 2022 Sep 30, 2022 1.10€ 0%
3 Oct 01, 2021 Oct 01, 2021 Oct 01, 2021 1.47€ 0%
4 Oct 02, 2020 Oct 02, 2020 Oct 02, 2020 1.35€ 0%
5 Jun 13, 2019 Sep 27, 2019 Oct 01, 2019 1.31€ 0%

FAQ

What is the symbol for Etablissementen Franz Colruyt N.V. Stock and on which exchange is it traded?
The symbol for Etablissementen Franz Colruyt N.V. is COLR.BB and it is traded on the BRU (Euronext Brussels).

Should I buy or sell Etablissementen Franz Colruyt N.V. Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Etablissementen Franz Colruyt N.V. stock to perform well in the short-term period.

How to buy Etablissementen Franz Colruyt N.V. Stock?
Etablissementen Franz Colruyt N.V. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Etablissementen Franz Colruyt N.V. Stock.

What's the current price of Etablissementen Franz Colruyt N.V. Stock?
As of the end of day on the 2024-03-27, the price of an Etablissementen Franz Colruyt N.V. (COLR.BB) share was 43.34€.

What is the 52-week high and low for Etablissementen Franz Colruyt N.V. Stock?
The 52-week high for Etablissementen Franz Colruyt N.V. Stock is 44.92€ and the 52-week low is 24.70€.

What is the market capitalization of Etablissementen Franz Colruyt N.V. Stock?
As of the 2024-03-27, the market capitalization of Etablissementen Franz Colruyt N.V. is 5.338B.

When is the next earnings date for Etablissementen Franz Colruyt N.V.?
The upcoming earnings date for Etablissementen Franz Colruyt N.V. is Jun 11, 2024.
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