Wolters Kluwer NV Stock Forecast
Green day on Thursday for Wolters Kluwer NV stock after gaining 0.177%
(Updated on Apr 18, 2024)
The Wolters Kluwer NV stock price gained 0.177% on the last trading day (Thursday, 18th Apr 2024), rising from 141.15€ to 141.40€. During the last trading day the stock fluctuated 1.47% from a day low at 139.90€ to a day high of 141.95€. The price has been going up and down for this period, and there has been a 1.54% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 118 thousand more shares were traded than the day before. In total, 484 thousand shares were bought and sold for approximately 68.38€ million.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 139.87€ 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 2.63% during the next 3 months and, with a 90% probability hold a price between 143.55€ and 154.46€ at the end of this 3-month period.
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WKL.AS Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 04, 2024, and so far it has risen 1.54%. 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. The Wolters Kluwer NV 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 143.71€. On a fall, the stock will find some support from the short-term average at 141.02€. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Wolters Kluwer NV stock
Wolters Kluwer NV finds support from accumulated volume at 140.30€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 2.05€ between high and low, or 1.47%. For the last week the stock has had daily average volatility of 1.42%.
Our recommended stop-loss: 132.93€ (-5.99%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (WKL.AS) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Wolters Kluwer NV to open at 141.08€, and during the day (based on 14 day Average True Range), to move between 139.34€ and 143.46€, which gives a possible trading interval of +/-2.06€ (+/-1.46%) up or down from last closing price. If Wolters Kluwer NV takes out the full calculated possible swing range there will be an estimated 2.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 140.30€ (0.78%) than the resistance at 144.55€ (2.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Wolters Kluwer NV 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 Wolters Kluwer NV stock to perform well in the short-term.
Current score: 1.675 Buy Candidate Unchanged
Predicted Opening Price for Wolters Kluwer NV of Friday, April 19, 2024
Fair opening price April 19, 2024 | Current price |
---|---|
141.08€ ( 0.224%) | 141.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WKL.AS
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 143.13 | 1.23 % | |
R2 | 142.35 | 0.672 % | ||
R1 | 141.87 | 0.330 % | ||
Current price: | 141.40 | |||
Support | S1 | 140.30 | -0.778 % | |
S2 | 139.82 | -1.12 % | ||
S3 | 139.03 | -1.67 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 146.20 | 3.39 % | |
R2 | 145.65 | 3.01 % | ||
R1 | 144.55 | 2.23 % | ||
Current price | 141.40 | |||
Support | S1 | 140.30 | -0.778% | |
S2 | 139.25 | -1.52% | ||
S3 | 136.50 | -3.47% |
WKL Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 10, 2024 | May 10, 2024 | Jun 04, 2024 | 1.36€ | 0.96% |
2 | Aug 29, 2023 | Aug 29, 2023 | Aug 29, 2023 | 0.720€ | 0.652% |
3 | May 12, 2023 | May 12, 2023 | May 12, 2023 | 1.18€ | 1.07% |
4 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | 0.630€ | 0.607% |
5 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | 1.03€ | 1.08% |
FAQ
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