Also Holding Ag Stock Forecast
Red day on Tuesday for Also Holding Ag stock after losing 0.0849%
(Updated on Jun 25, 2024)
The Also Holding Ag stock price fell by -0.0849% on the last day (Tuesday, 25th Jun 2024) from 276.00 Fr to 275.77 Fr. During the last trading day the stock fluctuated 0.545% from a day low at 275.00 Fr to a day high of 276.50 Fr. The price has risen in 5 of the last 10 days and is up by 0.93% over the past 2 weeks. Volume has increased on the last day by 140 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 302 shares were bought and sold for approximately 83.28 Fr thousand.
The stock lies in the middle of a 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 23.59% during the next 3 months and, with a 90% probability hold a price between 317.65 Fr and 348.20 Fr at the end of this 3-month period.
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0QLW.L Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -1.16%. 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). Also Holding Ag gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The Also Holding Ag 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 274.19 Fr and 256.19 Fr. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Also Holding Ag stock
Also Holding Ag finds support from accumulated volume at 262.00 Fr 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 1.50 Fr between high and low, or 0.545%. For the last week, the stock has had daily average volatility of 1.69%.
Our recommended stop-loss: 266.85 Fr (-3.23%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 43 days ago.)
Trading Expectations (0QLW.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Also Holding Ag to open at 275.76 Fr, and during the day (based on 14 day Average True Range), to move between 271.81 Fr and 279.72 Fr, which gives a possible trading interval of +/-3.96 Fr (+/-1.44%) up or down from last closing price. If Also Holding Ag takes out the full calculated possible swing range there will be an estimated 2.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 276.00 Fr (0.08%) than the support at 262.00 Fr (4.99%), 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 Also Holding Ag 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 Also Holding Ag stock to perform well in the short-term.
Current score: 3.879 Buy Candidate Unchanged
Predicted Opening Price for Also Holding Ag of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 275.76 Fr ( 0.0038%) | 275.77 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0QLW.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 277.26 | 0.540% |
| R2 | 276.68 | 0.332% |
| R1 | 276.33 | 0.204% |
| Price | 275.77 | |
| S1 | 275.18 | -0.212% |
| S2 | 274.83 | -0.340% |
| S3 | 274.26 | -0.548% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 279.00 | 1.17% |
| R2 | 277.00 | 0.448% |
| R1 | 276.00 | 0.0849% |
| Price | 275.77 | |
| S1 | 262.00 | -4.99% |
| S2 | 236.04 | -14.41% |
| S3 | 234.00 | -15.15% |
0QLW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 25, 2024 | Mar 25, 2024 | Mar 27, 2024 | 4.80 Fr | 2.03% |
| 2 | Mar 21, 2023 | Mar 21, 2023 | Mar 21, 2023 | 4.60 Fr | 2.54% |
| 3 | Feb 12, 2018 | Mar 23, 2017 | Apr 04, 2018 | 2.25 Fr | 1.84% |
FAQ
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