Psp Swiss Property Ag Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Weaker technical forecast for Psp Swiss Property Ag as stock downgraded to Hold/Accumulate.
(Updated on Jul 03, 2024)
The Psp Swiss Property Ag stock price gained 0.86% on the last trading day (Wednesday, 3rd Jul 2024), rising from £116.10 to £117.10. During the last trading day the stock fluctuated 0.86% from a day low at £116.10 to a day high of £117.10. The price has risen in 5 of the last 10 days and is up by 5.02% over the past 2 weeks. Volume fell on the last day by -281 shares and in total, 831 shares were bought and sold for approximately £97.31 thousand. 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 has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. £115.54 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach £120.79 sometime during the next 3 months.
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0QO8.L Signals & Forecast
The Psp Swiss Property 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 £115.54 and £113.54. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 5.31%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Psp Swiss Property Ag stock
Psp Swiss Property Ag finds support from accumulated volume at £116.60 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 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 £1.00 between high and low, or 0.86%. For the last week the stock has had daily average volatility of 0.92%
Our recommended stop-loss: £113.59 (-3.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 46 days ago.)
Trading Expectations (0QO8.L) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Psp Swiss Property Ag to open at £116.77, and during the day (based on 14 day Average True Range), to move between £115.75 and £118.45, which gives a possible trading interval of +/-£1.35 (+/-1.15%) up or down from last closing price. If Psp Swiss Property Ag takes out the full calculated possible swing range there will be an estimated 2.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £116.60 (0.43%) than the resistance at £118.41 (1.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Psp Swiss Property Ag stock A Buy?
Psp Swiss Property Ag 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.884 Hold/Accumulate Downgraded
Predicted Opening Price for Psp Swiss Property Ag of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| £116.77 ( 0.285%) | £117.10 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0QO8.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 117.77 | 0.569% |
| R2 | 117.38 | 0.243% |
| R1 | 117.15 | 0.0416% |
| Price | 117.10 | |
| S1 | 116.38 | -0.611% |
| S2 | 116.15 | -0.81% |
| S3 | 115.77 | -1.14% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 119.40 | 1.96% |
| R1 | 118.41 | 1.12% |
| Price | 117.10 | |
| S1 | 116.60 | -0.427% |
| S2 | 115.20 | -1.62% |
| S3 | 113.95 | -2.69% |
0QO8 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 08, 2024 | Apr 08, 2024 | Apr 10, 2024 | £3.85 | 3.44% |
| 2 | Apr 11, 2023 | Apr 11, 2023 | Apr 13, 2023 | £3.80 | 3.72% |
| 3 | Apr 07, 2017 | Apr 07, 2017 | Apr 11, 2017 | £3.35 | 3.86% |
| 4 | Apr 04, 2016 | Apr 04, 2016 | Apr 04, 2016 | £3.30 | 3.86% |
| 5 | Apr 07, 2015 | Apr 07, 2015 | Apr 07, 2015 | £3.25 | 3.54% |
FAQ
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