Repsol, S.A. Stock Forecast
Repsol, S.A. stock price ended at $15.87 on Friday, after losing 0.750%.
(Updated on Apr 19, 2024)
The Repsol, S.A. stock price fell by -0.750% on the last day (Friday, 19th Apr 2024) from $15.99 to $15.87. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 0.82% from a day low at $15.81 to a day high of $15.94. The price has fallen in 9 of the last 10 days and is down by -9.62% for this period. Volume has increased on the last day by 12 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, 35 thousand shares were bought and sold for approximately $549.12 thousand.
Given the current short-term trend, the stock is expected to rise 19.45% during the next 3 months and, with a 90% probability hold a price between $18.96 and $21.54 at the end of this 3-month period.
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REPYY Signals & Forecast
There are few to no technical positive signals at the moment. The Repsol, S.A. 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 $16.31 and $16.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 05, 2024, and so far it has fallen -9.62%. 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). Repsol, S.A. 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 Repsol, S.A. stock
On the downside, the stock finds support just below today's level from accumulated volume at $14.76 and $14.69. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Repsol, S.A. finds support just below today's level at $14.76. If this is broken, then the next support from accumulated volume will be at $14.69 and $14.27.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.130 between high and low, or 0.82%. For the last week, the stock has had daily average volatility of 1.03%.
Our recommended stop-loss: $15.04 (-5.20%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)
Trading Expectations (REPYY) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Repsol, S.A. to open at $15.87, and during the day (based on 14 day Average True Range), to move between $15.57 and $16.17, which gives a possible trading interval of +/-$0.301 (+/-1.90%) up or down from last closing price. If Repsol, S.A. takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $16.20 (2.08%) than the support at $14.76 (6.99%), 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.
Earnings coming up
Repsol, S.A. will release earnings -- on Thursday, April 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.86. We will update the financials statements for Repsol, S.A., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.98% in the first trading day after earnings release.
Is Repsol, S.A. stock A Buy?
Repsol, S.A. 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: -0.442 Hold/Accumulate Unchanged
Predicted Opening Price for Repsol, S.A. of Monday, April 22, 2024
Fair opening price April 22, 2024 | Current price |
---|---|
$15.87 ( 0.0210%) | $15.87 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for REPYY
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 16.00 | 0.84 % | |
R2 | 15.95 | 0.527 % | ||
R1 | 15.92 | 0.334 % | ||
Current price: | 15.87 | |||
Support | S1 | 15.82 | -0.292 % | |
S2 | 15.79 | -0.485 % | ||
S3 | 15.74 | -0.798 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 17.08 | 7.62 % | |
R2 | 16.70 | 5.23 % | ||
R1 | 16.20 | 2.08 % | ||
Current price | 15.87 | |||
Support | S1 | 14.76 | -6.99% | |
S2 | 14.69 | -7.44% | ||
S3 | 14.27 | -10.08% |
REPYY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 22, 2023 | Jan 09, 2024 | Jan 18, 2024 | $0.345 | 2.39% |
2 | Jul 03, 2023 | Jul 03, 2023 | Jul 13, 2023 | $0.379 | 2.61% |
3 | Dec 30, 2022 | Jan 09, 2023 | Jan 18, 2023 | $0.369 | 2.27% |
4 | Jun 30, 2022 | Jul 05, 2022 | Jul 14, 2022 | $0.355 | 2.96% |
5 | Dec 31, 2021 | Jan 07, 2022 | Jan 18, 2022 | $0.337 | 2.65% |
FAQ
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