Komax Holding Ag Stock Forecast
Stronger technical forecast for Komax Holding Ag stock price after Thursday trading.
(Updated on Jun 27, 2024)
No changes to the price of Komax Holding Ag stock on the last trading day (Thursday, 27th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at £132.00 to a day high of £132.00. The price has fallen in 6 of the last 10 days and is down by -9.22% for this period.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £126.41 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -20.76% during the next 3 months and, with a 90% probability hold a price between £100.17 and £123.09 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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0QKL.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 25, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Komax Holding 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 £134.12 and £155.17. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Komax Holding Ag stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 1.21%
Komax Holding Ag is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: £123.29 (-6.60%) (This stock has low daily movements and this gives low risk. Low RSI14 is 20 which reduces the risk some. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (0QKL.L) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Komax Holding Ag to open at £132.00, and during the day (based on 14 day Average True Range), to move between £128.99 and £135.01, which gives a possible trading interval of +/-£3.01 (+/-2.28%) up or down from last closing price. If Komax Holding Ag takes out the full calculated possible swing range there will be an estimated 4.56% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ £133.80, some £1.80 (1.36%) from the current price of £132.00, our system finds the risk reward not very attractive.
Is Komax Holding Ag stock A Buy?
Komax Holding Ag holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Upgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Komax Holding Ag of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| £132.00 ( 0%) | £132.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0QKL.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 132.00 | - |
| R2 | 132.00 | - |
| R1 | 132.00 | - |
| Price | 132.00 | |
| S1 | 132.00 | - |
| S2 | 132.00 | - |
| S3 | 132.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 160.77 | 21.80% |
| R2 | 146.00 | 10.61% |
| R1 | 133.80 | 1.36% |
| Price | 132.00 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
0QKL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 19, 2024 | Apr 19, 2024 | Apr 23, 2024 | £3.00 | 1.89% |
| 2 | Apr 14, 2023 | Apr 14, 2023 | Apr 18, 2023 | £5.50 | 2.32% |
| 3 | May 16, 2017 | May 16, 2017 | May 18, 2017 | £6.50 | 2.47% |
| 4 | May 17, 2016 | May 17, 2016 | May 17, 2016 | £6.00 | 4.67% |
| 5 | May 12, 2015 | May 12, 2015 | May 12, 2015 | £5.00 | 3.89% |
FAQ
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