LVMH MOET HENN L VUT Stock Forecast
LVMH MOET HENN L VUT stock price down 2.65% on Thursday
(Updated on Apr 25, 2024)
The LVMH MOET HENN L VUT stock price fell by -2.65% on the last day (Thursday, 25th Apr 2024) from $859.75 to $837.00. During the last trading day the stock fluctuated 2.52% from a day low at $824.57 to a day high of $845.35. The price has been going up and down for this period, and there has been a -2.34% loss for the last 2 weeks. Volume has increased on the last day by 639 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 thousand shares were bought and sold for approximately $850.39 thousand.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $830.27 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect LVMH MOET HENN L VUT stock with a 90% probability to be traded between $830.07 and $951.67 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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LVMHF Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 12, 2024, and so far it has risen 0.81%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The LVMH MOET HENN L VUT 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 $853.01 and $888.21. A break-up above any of these levels will issue buy signals. LVMH MOET HENN L VUT gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for LVMH MOET HENN L VUT stock
LVMH MOET HENN L VUT finds support from accumulated volume at $833.00 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 $20.78 (2.52%) between high and low. For the last week, the stock has had daily average volatility of 1.73%.
Our recommended stop-loss: $794.63 (-5.06%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (LVMHF) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect LVMH MOET HENN L VUT to open at $835.64, and during the day (based on 14 day Average True Range), to move between $816.81 and $857.19, which gives a possible trading interval of +/-$20.19 (+/-2.41%) up or down from last closing price. If LVMH MOET HENN L VUT takes out the full calculated possible swing range there will be an estimated 4.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $838.90 (0.23%) than the support at $833.00 (0.48%), 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 LVMH MOET HENN L VUT stock A Buy?
LVMH MOET HENN L VUT 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: -0.809 Hold/Accumulate Unchanged
Predicted Opening Price for LVMH MOET HENN L VUT of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $835.64 ( 0.162%) | $837.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LVMHF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 856.42 | 2.32 % | |
| R2 | 848.48 | 1.37 % | ||
| R1 | 843.58 | 0.786 % | ||
| Current price: | 837.00 | |||
| Support | S1 | 827.70 | -1.11 % | |
| S2 | 822.80 | -1.70 % | ||
| S3 | 814.86 | -2.65 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 932.00 | 11.35 % | |
| R2 | 840.00 | 0.358 % | ||
| R1 | 838.90 | 0.227 % | ||
| Current price | 837.00 | |||
| Support | S1 | 833.00 | -0.478% | |
| S2 | 830.30 | -0.80% | ||
| S3 | 0 | . |
LVMHF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | Apr 23, 2024 | Apr 23, 2024 | $0 | 0% |
| 2 | Dec 04, 2023 | Dec 04, 2023 | Dec 04, 2023 | $0 | 0% |
| 3 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | $7.73 | 0.797% |
| 4 | Dec 01, 2022 | Dec 01, 2022 | Dec 01, 2022 | $5.20 | 0.692% |
| 5 | Apr 26, 2022 | Apr 26, 2022 | Apr 26, 2022 | $7.50 | 1.16% |
FAQ
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