YPF SA (ADR) Stock Forecast
YPF SA (ADR) stock price ended at $20.86 on Tuesday, after gaining 0.337%.
(Updated on Apr 23, 2024)
The YPF SA (ADR) stock price gained 0.337% on the last trading day (Tuesday, 23rd Apr 2024), rising from $20.79 to $20.86. It has now gained 3 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 2.90% from a day low at $20.62 to a day high of $21.22. The price has been going up and down for this period, and there has been a -4.09% loss for the last 2 weeks. Volume fell on the last day by -2 million shares and in total, 1 million shares were bought and sold for approximately $30.80 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 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 27.22% during the next 3 months and, with a 90% probability hold a price between $24.56 and $28.66 at the end of this 3-month period.
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YPF Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -4.09%. 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). The YPF SA (ADR) 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 $20.00 and $19.69. A breakdown below any of these levels will issue sell signals. 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.
Support, Risk & Stop-loss for YPF SA (ADR) stock
On the downside, the stock finds support just below today's level from accumulated volume at $19.26 and $18.71. 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, YPF SA (ADR) finds support just below today's level at $19.26. If this is broken, then the next support from accumulated volume will be at $18.71 and $18.05.
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 $0.597 between high and low, or 2.90%. For the last week, the stock has had daily average volatility of 4.36%.
Our recommended stop-loss: $19.97 (-4.28%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)
Trading Expectations (YPF) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect YPF SA (ADR) to open at $20.90, and during the day (based on 14 day Average True Range), to move between $20.02 and $21.70, which gives a possible trading interval of +/-$0.84 (+/-4.01%) up or down from last closing price. If YPF SA (ADR) takes out the full calculated possible swing range there will be an estimated 8.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $21.04 (0.86%) than the support at $19.26 (7.67%), 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 YPF SA (ADR) 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 YPF SA (ADR) stock to perform well in the short-term.
Current score: 2.924 Buy Candidate Unchanged
Predicted Opening Price for YPF SA (ADR) of Wednesday, April 24, 2024
| Fair opening price April 24, 2024 | Current price |
|---|---|
| $20.90 ( 0.181%) | $20.86 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YPF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 21.49 | 3.04 % | |
| R2 | 21.27 | 1.95 % | ||
| R1 | 21.13 | 1.27 % | ||
| Current price: | 20.86 | |||
| Support | S1 | 20.67 | -0.91 % | |
| S2 | 20.53 | -1.59 % | ||
| S3 | 20.30 | -2.68 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 21.75 | 4.27 % | |
| R2 | 21.71 | 4.07 % | ||
| R1 | 21.04 | 0.86 % | ||
| Current price | 20.86 | |||
| Support | S1 | 19.26 | -7.67% | |
| S2 | 18.71 | -10.31% | ||
| S3 | 18.05 | -13.47% |
YPF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2019 | Jul 09, 2019 | Jul 10, 2019 | $0.138 | 0.748% |
| 2 | Dec 14, 2018 | Dec 24, 2018 | Dec 26, 2018 | $0.0800 | 0.609% |
| 3 | Jun 23, 2017 | Jul 03, 2017 | Jul 06, 2017 | $0.113 | 0.512% |
| 4 | Jun 27, 2016 | Jul 01, 2016 | Jul 06, 2016 | $0.151 | 0.789% |
| 5 | Jul 22, 2015 | Jul 22, 2015 | Jul 22, 2015 | $0.140 | 0.577% |
FAQ
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