Warehouses De Pauw SCA Stock Forecast
Green day on Friday for Warehouses De Pauw SCA stock after gaining 3.12%
(Updated on Apr 19, 2024)
The Warehouses De Pauw SCA stock price gained 3.12% on the last trading day (Friday, 19th Apr 2024), rising from 24.98€ to 25.76€. During the last trading day the stock fluctuated 3.17% from a day low at 25.26€ to a day high of 26.06€. The price has fallen in 6 of the last 10 days and is down by -1.53% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 29 thousand more shares were traded than the day before. In total, 275 thousand shares were bought and sold for approximately 7.08€ million.
The stock lies in the middle of a 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 -3.36% during the next 3 months and, with a 90% probability hold a price between 23.39€ and 25.39€ 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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WDP.BB Signals & Forecast
The Warehouses De Pauw SCA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 25.20€ and 25.35€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 4.04%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Warehouses De Pauw SCA stock
Warehouses De Pauw SCA finds support from accumulated volume at 24.94€ 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 0.800€ (3.17%) between high and low. For the last week, the stock has had daily average volatility of 1.94%.
Our recommended stop-loss: 24.54€ (-4.75%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (WDP.BB) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Warehouses De Pauw SCA to open at 25.69€, and during the day (based on 14 day Average True Range), to move between 25.23€ and 26.29€, which gives a possible trading interval of +/-0.532€ (+/-2.06%) up or down from last closing price. If Warehouses De Pauw SCA takes out the full calculated possible swing range there will be an estimated 4.13% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 26.12€ (1.40%) than the support at 24.94€ (3.18%), 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 Warehouses De Pauw SCA stock A Buy?
Warehouses De Pauw SCA 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.
Current score: 0.723 Hold/Accumulate Unchanged
Predicted Opening Price for Warehouses De Pauw SCA of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| 25.69€ ( 0.259%) | 25.76€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WDP.BB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.49 | 2.85 % | |
| R2 | 26.19 | 1.66 % | ||
| R1 | 26.00 | 0.93 % | ||
| Current price: | 25.76 | |||
| Support | S1 | 25.39 | -1.45 % | |
| S2 | 25.20 | -2.18 % | ||
| S3 | 24.89 | -3.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.38 | 2.41 % | |
| R2 | 26.14 | 1.48 % | ||
| R1 | 26.12 | 1.40 % | ||
| Current price | 25.76 | |||
| Support | S1 | 24.94 | -3.18% | |
| S2 | 24.68 | -4.19% | ||
| S3 | 24.54 | -4.74% |
WDP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | Apr 25, 2024 | May 01, 2024 | 0.784€ | 0% |
| 2 | Apr 27, 2023 | Apr 27, 2023 | Apr 27, 2023 | 1.00€ | 0% |
| 3 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | 0.88€ | 0% |
| 4 | Apr 29, 2021 | Apr 29, 2021 | Apr 29, 2021 | 0.80€ | 0% |
| 5 | Feb 03, 2020 | May 04, 2020 | May 27, 2020 | 0.740€ | 0% |
FAQ
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