EXMAR NV Stock Forecast

A very strong day for EXMAR NV stock price on Monday
(Updated on Jul 13, 2020)

EXM.BB Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, July 10, 2020, and so far it has risen 5.19%. 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 EXMAR NV 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 2.72€ and 3.92€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for EXMAR NV stock

EXMAR NV finds support from accumulated volume at 2.19€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.140€ between high and low, or 6.60%. For the last week the stock has had daily average volatility of 4.67%

EXMAR NV is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: 2.08€ (-6.82%) (This stock has low daily movements and this gives low risk. Low RSI14 is 13 which reduces the risk some. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (EXM.BB) For The Upcoming Trading Day Of Tuesday 14th

With no resistance above and support from accumulated volume @ 2.19€, some 0.0400€ (1.79%) from the current price of 2.23€, our system finds the risk reward attractive.

Is EXMAR NV stock A Buy?

EXMAR NV holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for EXMAR NV of Tuesday, July 14, 2020

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