Intesa Sanpaolo S.p.A. Stock Forecast
Green day on Friday for Intesa Sanpaolo S.p.A.
(Updated on Apr 19, 2024)
The Intesa Sanpaolo S.p.A. stock price gained 1.59% on the last trading day (Friday, 19th Apr 2024), rising from $21.33 to $21.67. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.83% from a day low at $21.51 to a day high of $21.69. The price has been going up and down for this period, and there has been a 0.21% 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, 887 more shares were traded than the day before. In total, 87 thousand shares were bought and sold for approximately $1.89 million.
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 23.69% during the next 3 months and, with a 90% probability hold a price between $26.07 and $28.34 at the end of this 3-month period.
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ISNPY Signals & Forecast
The Intesa Sanpaolo S.p.A. 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 $21.20 and $21.12. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, April 03, 2024, and so far it has fallen -1.76%. 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).
Support, Risk & Stop-loss for Intesa Sanpaolo S.p.A. stock
Intesa Sanpaolo S.p.A. finds support from accumulated volume at $21.66 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.177 between high and low, or 0.83%. For the last week the stock has had daily average volatility of 1.27%.
Our recommended stop-loss: $20.75 (-4.26%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (ISNPY) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Intesa Sanpaolo S.p.A. to open at $21.62, and during the day (based on 14 day Average True Range), to move between $21.32 and $22.02, which gives a possible trading interval of +/-$0.348 (+/-1.61%) up or down from last closing price. If Intesa Sanpaolo S.p.A. takes out the full calculated possible swing range there will be an estimated 3.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $21.66 (0.05%) than the resistance at $21.70 (0.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Intesa Sanpaolo S.p.A. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Intesa Sanpaolo S.p.A. stock to perform well in the short-term.
Current score: 3.621 Buy Candidate Unchanged
Predicted Opening Price for Intesa Sanpaolo S.p.A. of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $21.62 ( 0.219%) | $21.67 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ISNPY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 21.80 | 0.600 % | |
| R2 | 21.73 | 0.287 % | ||
| R1 | 21.69 | 0.0937 % | ||
| Current price: | 21.67 | |||
| Support | S1 | 21.55 | -0.532 % | |
| S2 | 21.51 | -0.725 % | ||
| S3 | 21.45 | -1.04 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 21.83 | 0.738 % | |
| R2 | 21.78 | 0.508 % | ||
| R1 | 21.70 | 0.138 % | ||
| Current price | 21.67 | |||
| Support | S1 | 21.66 | -0.0461% | |
| S2 | 21.63 | -0.185% | ||
| S3 | 21.25 | -1.92% |
ISNPY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 20, 2023 | Nov 20, 2023 | Nov 20, 2023 | $0.663 | 3.93% |
| 2 | May 26, 2023 | May 26, 2023 | Jun 06, 2023 | $0.582 | 3.95% |
| 3 | Nov 21, 2022 | Nov 21, 2022 | Dec 08, 2022 | $0.457 | 3.50% |
| 4 | May 23, 2022 | May 23, 2022 | May 23, 2022 | $0.520 | 4.11% |
| 5 | Nov 22, 2021 | Nov 22, 2021 | Nov 22, 2021 | $0.499 | 3.18% |
FAQ
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