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 NESTE.HE
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Stronger technical forecast for Neste Oyj stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Neste Oyj stock price fell by -2.37% on the last day (Thursday, 28th Mar 2024) from 25.71€ to 25.10€. During the last trading day the stock fluctuated 3.32% from a day low at 24.67€ to a day high of 25.49€. The price has risen in 6 of the last 10 days and is up by 1.62% over the past 2 weeks. Volume has increased on the last day by 134 thousand 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 million shares were bought and sold for approximately 32.66€ million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -27.78% during the next 3 months and, with a 90% probability hold a price between 16.85€ and 18.79€ 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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NESTE.HE Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 21, 2024, and so far it has risen 4.06%. 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 Neste Oyj 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 25.88€. On a fall, the stock will find some support from the short-term average at 25.05€. 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. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Neste Oyj stock

Neste Oyj finds support from accumulated volume at 24.90€ 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 0.82€ between high and low, or 3.32%. For the last week the stock has had daily average volatility of 4.26%.

Our recommended stop-loss: 24.14€ (-3.82%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (NESTE.HE) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Neste Oyj to open at 25.09€, and during the day (based on 14 day Average True Range), to move between 24.31€ and 25.89€, which gives a possible trading interval of +/-0.787€ (+/-3.14%) up or down from last closing price. If Neste Oyj takes out the full calculated possible swing range there will be an estimated 6.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 24.90€ (0.80%) than the resistance at 25.37€ (1.08%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Neste Oyj stock A Buy?

Neste Oyj 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: -0.703 Hold/Accumulate Upgraded

Predicted Opening Price for Neste Oyj of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
25.09€ ( 0.0531%) 25.10€

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

Trading levels for NESTE.HE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.91 3.21 %
R2 25.59 1.97 %
R1 25.40 1.19 %
Current price: 25.10
Support S1 24.77 -1.30 %
S2 24.58 -2.07 %
S3 24.27 -3.32 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 27.74 10.52 %
R2 25.65 2.19 %
R1 25.37 1.08 %
Current price 25.10
Support S1 24.90 -0.797%
S2 24.78 -1.27%
S3 24.68 -1.67%

NESTE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 01, 2024 Oct 01, 2024 Oct 09, 2024 0.600€ 2.39%
2 Mar 28, 2024 Mar 28, 2024 Apr 09, 2024 0.600€ 2.39%
3 Mar 29, 2023 Mar 29, 2023 Mar 29, 2023 0.250€ 0.560%
4 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 0.410€ 0.94%
5 Mar 31, 2022 Mar 31, 2022 Mar 31, 2022 0.410€ 0.99%

FAQ

What is the symbol for Neste Oyj Stock and on which exchange is it traded?
The symbol for Neste Oyj is NESTE.HE and it is traded on the OMXH (Helsinki Stock Exchange).

Should I buy or sell Neste Oyj Stock?
Neste Oyj 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 Neste Oyj Stock?
Neste Oyj Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Neste Oyj Stock.

What's the current price of Neste Oyj Stock?
As of the end of day on the 2024-03-28, the price of an Neste Oyj (NESTE.HE) share was 25.10€.

What is the 52-week high and low for Neste Oyj Stock?
The 52-week high for Neste Oyj Stock is 46.39€ and the 52-week low is 23.63€.

What is the market capitalization of Neste Oyj Stock?
As of the 2024-03-28, the market capitalization of Neste Oyj is 19.282B.

When is the next earnings date for Neste Oyj?
The upcoming earnings date for Neste Oyj is Apr 25, 2024.
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About Neste Oyj

Neste Oyj Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, and renewable solvents, as well as raw material for bioplasti... NESTE.HE Profile

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