RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SOF.BB
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Wednesday for Sofina SA stock after gaining 0.296%
(Updated on Mar 27, 2024)

Sell candidate since Mar 08, 2024 Loss -2.59% PDF

The Sofina SA stock price gained 0.296% on the last trading day (Wednesday, 27th Mar 2024), rising from 202.40€ to 203.00€. It has now gained 5 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 1.78% from a day low at 202.00€ to a day high of 205.60€. The price has been going up and down for this period, and there has been a -0.98% loss for the last 2 weeks. Volume fell on the last day by -963 shares and in total, 14 thousand shares were bought and sold for approximately 2.84€ million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 -8.94% during the next 3 months and, with a 90% probability hold a price between 175.00€ and 192.64€ 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

SOF.BB Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 2.22%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Sofina SA 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 209.05€. On a fall, the stock will find some support from the short-term average at 201.24€. 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.

Support, Risk & Stop-loss for Sofina SA stock

Sofina SA finds support from accumulated volume at 201.40€ 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 3.60€ (1.78%) between high and low. For the last week, the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SOF.BB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Sofina SA to open at 203.53€, and during the day (based on 14 day Average True Range), to move between 199.34€ and 206.66€, which gives a possible trading interval of +/-3.66€ (+/-1.80%) up or down from last closing price. If Sofina SA takes out the full calculated possible swing range there will be an estimated 3.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 201.40€ (0.79%) than the resistance at 210.60€ (3.74%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Sofina SA stock A Buy?

Sofina SA holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.738 Sell Candidate Unchanged

Predicted Opening Price for Sofina SA of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
203.53€ ( 0.263%) 203.00€

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

Trading levels for SOF.BB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 207.13 2.04 %
R2 205.76 1.36 %
R1 204.91 0.94 %
Current price: 203.00
Support S1 202.16 -0.415 %
S2 201.31 -0.83 %
S3 199.93 -1.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 214.80 5.81 %
R2 213.80 5.32 %
R1 210.60 3.74 %
Current price 203.00
Support S1 201.40 -0.788%
S2 200.60 -1.18%
S3 199.70 -1.63%

SOF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 12, 2023 May 12, 2023 May 12, 2023 3.24€ 0%
2 May 13, 2022 May 13, 2022 May 13, 2022 3.13€ 0%
3 May 14, 2021 May 14, 2021 May 14, 2021 3.01€ 0%
4 Apr 24, 2020 May 14, 2020 May 18, 2020 2.90€ 0%
5 Apr 05, 2019 May 09, 2019 May 13, 2019 2.79€ 0%

FAQ

What is the symbol for Sofina SA Stock and on which exchange is it traded?
The symbol for Sofina SA is SOF.BB and it is traded on the BRU (Euronext Brussels).

Should I buy or sell Sofina SA Stock?
Sofina SA holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Sofina SA Stock?
Sofina SA Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sofina SA Stock.

What's the current price of Sofina SA Stock?
As of the end of day on the 2024-03-27, the price of an Sofina SA (SOF.BB) share was 203.00€.

What is the 52-week high and low for Sofina SA Stock?
The 52-week high for Sofina SA Stock is 229.00€ and the 52-week low is 168.40€.

What is the market capitalization of Sofina SA Stock?
As of the 2024-03-27, the market capitalization of Sofina SA is 6.758B.

When is the next earnings date for Sofina SA?
The upcoming earnings date for Sofina SA is Sep 05, 2024.
Click to get the best stock tips daily for free!