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 SCANFL.HE
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Scanfil Oyj stock price down 0.239% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 27, 2024 Gain 4.11% PDF

The Scanfil Oyj stock price fell by -0.239% on the last day (Thursday, 28th Mar 2024) from 8.38€ to 8.36€. During the last trading day the stock fluctuated 1.56% from a day low at 8.31€ to a day high of 8.44€. The price has fallen in 6 of the last 10 days. Volume has increased on the last day by 8 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, 19 thousand shares were bought and sold for approximately 155.02€ thousand.

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 14.31% during the next 3 months and, with a 90% probability hold a price between 9.18€ and 9.71€ at the end of this 3-month period.

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SCANFL.HE Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -1.18%. 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). Scanfil Oyj 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". The Scanfil Oyj 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 8.33€ and 7.97€. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Scanfil Oyj stock

On the downside, the stock finds support just below today's level from accumulated volume at 7.71€ and 7.39€. 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, Scanfil Oyj finds support just below today's level at 7.71€. If this is broken, then the next support from accumulated volume will be at 7.39€ and 7.32€.

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 0.130€ (1.56%) between high and low. For the last week, the stock has had daily average volatility of 1.72%.

Our recommended stop-loss: 8.10€ (-3.11%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

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

For the upcoming trading day on Tuesday, 2nd we expect Scanfil Oyj to open at 8.37€, and during the day (based on 14 day Average True Range), to move between 8.18€ and 8.54€, which gives a possible trading interval of +/-0.180€ (+/-2.15%) up or down from last closing price. If Scanfil Oyj takes out the full calculated possible swing range there will be an estimated 4.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 8.38€ (0.24%) than the support at 7.71€ (7.78%), 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 Scanfil Oyj 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 Scanfil Oyj stock to perform well in the short-term.

Current score: 1.611 Buy Candidate Unchanged

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

Fair opening price April 2, 2024 Current price
8.37€ ( 0.120%) 8.36€

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

Trading levels for SCANFL.HE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.50 1.67 %
R2 8.45 1.08 %
R1 8.42 0.714 %
Current price: 8.36
Support S1 8.32 -0.474 %
S2 8.29 -0.84 %
S3 8.24 -1.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 8.46 1.20 %
R1 8.38 0.239 %
Current price 8.36
Support S1 7.71 -7.78%
S2 7.39 -11.60%
S3 7.32 -12.44%

SCANFL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 26, 2024 Apr 26, 2024 May 07, 2024 0.230€ 2.74%
2 Apr 28, 2023 Apr 28, 2023 Apr 28, 2023 0.210€ 2.38%
3 Apr 22, 2022 Apr 22, 2022 Apr 22, 2022 0.190€ 2.69%
4 Apr 23, 2021 Apr 23, 2021 Apr 23, 2021 0.170€ 2.10%
5 Apr 24, 2020 Apr 24, 2020 Apr 24, 2020 0.150€ 3.35%

FAQ

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

Should I buy or sell Scanfil Oyj Stock?
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 Scanfil Oyj stock to perform well in the short-term.

How to buy Scanfil Oyj Stock?
Scanfil 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 Scanfil Oyj Stock.

What's the current price of Scanfil Oyj Stock?
As of the end of day on the 2024-03-28, the price of an Scanfil Oyj (SCANFL.HE) share was 8.36€.

What is the 52-week high and low for Scanfil Oyj Stock?
The 52-week high for Scanfil Oyj Stock is 11.58€ and the 52-week low is 7.10€.

What is the market capitalization of Scanfil Oyj Stock?
As of the 2024-03-28, the market capitalization of Scanfil Oyj is 544.999M.

When is the next earnings date for Scanfil Oyj?
The upcoming earnings date for Scanfil Oyj is Apr 24, 2024.
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About Scanfil Oyj

Scanfil Oyj Scanfil Oyj operates as a contract manufacturer and system supplier for the electronics industry worldwide. The company provides manufacturing services, including electronics manufacturing, mechanics assembly, system integration, and production outsourcing; product development, design, rapid prototyping, and test development; and product maintenance comprising distribution, repair and refurbish, cost improvement, and supply chain, as well as mate... SCANFL.HE Profile

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