TUI AG Stock Forecast
TUI AG stock upgraded to Buy Candidate.
(Updated on Apr 25, 2024)
The TUI AG stock price fell by -0.605% on the last day (Thursday, 25th Apr 2024) from £578.50 to £575.00. During the last trading day the stock fluctuated 3.61% from a day low at £568.00 to a day high of £588.50. The price has fallen in 7 of the last 10 days and is down by -10.99% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -148 thousand shares and in total, 335 thousand shares were bought and sold for approximately £192.66 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £571.08 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 14.68% during the next 3 months and, with a 90% probability hold a price between £654.94 and £794.46 at the end of this 3-month period.
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TUI.L Signals & Forecast
The TUI AG 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 £578.00 and £603.57. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 2.22%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for TUI AG stock
TUI AG finds support from accumulated volume at £567.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 £20.50 between high and low, or 3.61%. For the last week, the stock has had daily average volatility of 3.70%.
Our recommended stop-loss: £541.66 (-5.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (TUI.L) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect TUI AG to open at £577.17, and during the day (based on 14 day Average True Range), to move between £546.20 and £603.80, which gives a possible trading interval of +/-£28.80 (+/-5.01%) up or down from last closing price. If TUI AG takes out the full calculated possible swing range there will be an estimated 10.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £578.50 (0.61%) than the support at £567.00 (1.39%), 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 TUI AG stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.358 Buy Candidate Upgraded
Predicted Opening Price for TUI AG of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| £577.17 ( 0.377%) | £575.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TUI.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 597.67 | 3.94 % | |
| R2 | 589.84 | 2.58 % | ||
| R1 | 585.00 | 1.74 % | ||
| Current price: | 575.00 | |||
| Support | S1 | 569.34 | -0.99 % | |
| S2 | 564.50 | -1.83 % | ||
| S3 | 556.67 | -3.19 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 646.50 | 12.43 % | |
| R2 | 640.50 | 11.39 % | ||
| R1 | 578.50 | 0.609 % | ||
| Current price | 575.00 | |||
| Support | S1 | 567.00 | -1.39% | |
| S2 | 564.00 | -1.91% | ||
| S3 | 542.00 | -5.74% |
TUI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 09, 2022 | Feb 09, 2022 | Feb 09, 2022 | £54.00 | 1.93% |
| 2 | Dec 11, 2019 | Feb 12, 2020 | Feb 25, 2020 | £285.88 | 3.92% |
| 3 | Dec 13, 2018 | Feb 13, 2019 | Feb 26, 2019 | £381.18 | 4.57% |
| 4 | Feb 11, 2019 | Feb 11, 2019 | Feb 11, 2019 | £72.00 | 0.751% |
| 5 | Dec 13, 2017 | Feb 14, 2018 | Feb 16, 2018 | £344.12 | 0.0221% |
FAQ
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