RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CRTO
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Stronger technical forecast for Criteo S.A. stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 22, 2024 Gain 41.75% PDF

The Criteo S.A. stock price gained 0.0285% on the last trading day (Thursday, 28th Mar 2024), rising from $35.06 to $35.07. During the last trading day the stock fluctuated 1.39% from a day low at $34.99 to a day high of $35.48. The price has fallen in 6 of the last 10 days and is down by -0.6% for this period. Volume fell on the last day by -76 thousand shares and in total, 160 thousand shares were bought and sold for approximately $5.62 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 lies in the middle of a strong 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 59.30% during the next 3 months and, with a 90% probability hold a price between $54.70 and $59.20 at the end of this 3-month period.

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CRTO Signals & Forecast

A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -0.792%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Criteo S.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $35.12. On a fall, the stock will find some support from the long-term average at approximately $33.43. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Criteo S.A. stock

On the downside, the stock finds support just below today's level from accumulated volume at $32.95 and $32.33. 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, Criteo S.A. finds support just below today's level at $32.95. If this is broken, then the next support from accumulated volume will be at $32.33 and $30.83.

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 $0.488 between high and low, or 1.39%. For the last week, the stock has had daily average volatility of 1.73%.

Our recommended stop-loss: $33.95 (-3.19%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (CRTO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Criteo S.A. to open at $35.18, and during the day (based on 14 day Average True Range), to move between $34.26 and $35.88, which gives a possible trading interval of +/-$0.81 (+/-2.32%) up or down from last closing price. If Criteo S.A. takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $35.12 (0.14%) than the support at $32.95 (6.05%), 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 Criteo S.A. stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.027 Buy Candidate Upgraded

Predicted Opening Price for Criteo S.A. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$35.18 ( 0.316%) $35.07

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

Trading levels for CRTO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 35.67 1.71 %
R2 35.48 1.18 %
R1 35.37 0.85 %
Current price: 35.07
Support S1 34.99 -0.216 %
S2 34.88 -0.544 %
S3 34.69 -1.08 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 35.28 0.599 %
R2 35.19 0.342 %
R1 35.12 0.143 %
Current price 35.07
Support S1 32.95 -6.05%
S2 32.33 -7.81%
S3 30.83 -12.09%

FAQ

What is the symbol for Criteo S.A. Stock and on which exchange is it traded?
The symbol for Criteo S.A. is CRTO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Criteo S.A. Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Criteo S.A. Stock?
Criteo S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Criteo S.A. Stock.

What's the current price of Criteo S.A. Stock?
As of the end of day on the 2024-03-28, the price of an Criteo S.A. (CRTO) share was $35.07.

What is the 52-week high and low for Criteo S.A. Stock?
The 52-week high for Criteo S.A. Stock is $35.95 and the 52-week low is $22.10.

What is the market capitalization of Criteo S.A. Stock?
As of the 2024-03-28, the market capitalization of Criteo S.A. is 1.955B.

When is the next earnings date for Criteo S.A.?
The upcoming earnings date for Criteo S.A. is May 01, 2024.
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About Criteo S.A.

Criteo S.A. Criteo S.A., a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo AI Engine solutions include lookalike finder, recommendation, and predictive bidding algorithms; bidding en... CRTO Profile

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