RSI low/high Values: [ 25 - 70 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EDPFY
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Stronger technical forecast for Energias De Port Sa stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Energias De Port Sa stock price fell by -0.102% on the last day (Thursday, 28th Mar 2024) from $39.25 to $39.21. During the last trading day the stock fluctuated 1.11% from a day low at $38.82 to a day high of $39.25. The price has fallen in 7 of the last 10 days and is down by -0.71% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -29 thousand shares and in total, 25 thousand shares were bought and sold for approximately $968.02 thousand.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $39.47 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -23.76% during the next 3 months and, with a 90% probability hold a price between $27.74 and $30.09 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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EDPFY Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 21, 2024, and so far it has risen 4.84%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Energias De Port Sa stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $39.97. On a fall, the stock will find some support from the short-term average at $38.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Energias De Port Sa stock

Energias De Port Sa finds support from accumulated volume at $38.12 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.430 between high and low, or 1.11%. For the last week the stock has had daily average volatility of 1.28%.

Our recommended stop-loss: $37.31 (-4.85%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 5 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Energias De Port Sa to open at $39.09, and during the day (based on 14 day Average True Range), to move between $38.37 and $40.05, which gives a possible trading interval of +/-$0.84 (+/-2.15%) up or down from last closing price. If Energias De Port Sa takes out the full calculated possible swing range there will be an estimated 4.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $39.49 (0.71%) than the support at $38.12 (2.78%), 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 Energias De Port Sa stock A Buy?

Energias De Port Sa holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.387 Hold/Accumulate Upgraded

Predicted Opening Price for Energias De Port Sa of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$39.09 ( 0.298%) $39.21

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

Trading levels for EDPFY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 39.52 0.799 %
R2 39.36 0.380 %
R1 39.26 0.121 %
Current price: 39.21
Support S1 38.93 -0.716 %
S2 38.83 -0.98 %
S3 38.66 -1.39 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 40.81 4.08 %
R2 40.26 2.68 %
R1 39.49 0.714 %
Current price 39.21
Support S1 38.12 -2.78%
S2 38.10 -2.83%
S3 37.40 -4.62%

EDPFY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 31, 2023 May 01, 2023 Jul 31, 2023 $2.10 4.48%
2 Apr 26, 2022 Apr 26, 2022 Apr 26, 2022 $2.09 4.45%
3 Apr 23, 2021 Apr 23, 2021 Apr 23, 2021 $2.27 3.80%
4 May 12, 2020 May 12, 2020 May 12, 2020 $2.06 4.90%
5 May 13, 2019 May 13, 2019 May 13, 2019 $2.12 5.97%

FAQ

What is the symbol for Energias De Port Sa Stock and on which exchange is it traded?
The symbol for Energias De Port Sa is EDPFY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Energias De Port Sa Stock?
Energias De Port Sa holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Energias De Port Sa Stock?
Energias De Port Sa Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Energias De Port Sa Stock.

What's the current price of Energias De Port Sa Stock?
As of the end of day on the 2024-03-28, the price of an Energias De Port Sa (EDPFY) share was $39.21.

What is the 52-week high and low for Energias De Port Sa Stock?
The 52-week high for Energias De Port Sa Stock is $57.63 and the 52-week low is $37.25.

What is the market capitalization of Energias De Port Sa Stock?
As of the 2024-03-28, the market capitalization of Energias De Port Sa is 16.333B.
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About Energias De Port Sa

Energias De Port Sa EDP - Energias de Portugal, S.A. engages in the production, transmission, distribution, and commercialization of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Brazil, North America, and internationally. The company operates through Renewables, Networks, and Client Solutions & Energy Management segments. It primarily generates electricity through hydro, CCGT, coal, wind, solar, nuclear, and co... EDPFY Profile

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