Bossard Holding Ag Stock Forecast
Bossard Holding Ag stock upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Jun 25, 2024)
The Bossard Holding Ag stock price fell by -0.93% on the last day (Tuesday, 25th Jun 2024) from £215.50 to £213.50. During the last trading day the stock fluctuated 1.18% from a day low at £211.50 to a day high of £214.00. The price has been going up and down for this period, and there has been a -1.16% loss for the last 2 weeks. Volume has increased on the last day by 109 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, 179 shares were bought and sold for approximately £38.22 thousand.
The stock lies in the middle of a wide and weak 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 4.71% during the next 3 months and, with a 90% probability hold a price between £213.79 and £243.55 at the end of this 3-month period.
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0QS5.L Signals & Forecast
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. The Bossard 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 £215.71 and £218.62. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 24, 2024, and so far it has fallen -6.73%. Further fall is indicated until a new bottom pivot has been found. Bossard 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.
Support, Risk & Stop-loss for Bossard Holding Ag stock
Bossard Holding Ag finds support from accumulated volume at £213.18 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 £2.50 between high and low, or 1.18%. For the last week the stock has had daily average volatility of 0.747%.
Our recommended stop-loss: £202.53 (-5.14%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 39 days ago.)
Trading Expectations (0QS5.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Bossard Holding Ag to open at £213.00, and during the day (based on 14 day Average True Range), to move between £210.38 and £216.62, which gives a possible trading interval of +/-£3.12 (+/-1.46%) up or down from last closing price. If Bossard Holding Ag takes out the full calculated possible swing range there will be an estimated 2.93% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £213.18 (0.15%) than the resistance at £215.00 (0.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Bossard Holding Ag stock A Buy?
Bossard 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: -0.666 Hold/Accumulate Upgraded
Predicted Opening Price for Bossard Holding Ag of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| £213.00 ( 0.234%) | £213.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0QS5.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 215.50 | 0.94% |
| R2 | 214.55 | 0.489% |
| R1 | 213.96 | 0.213% |
| Price | 213.50 | |
| S1 | 212.05 | -0.681% |
| S2 | 211.46 | -0.96% |
| S3 | 210.50 | -1.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 219.38 | 2.75% |
| R2 | 219.00 | 2.58% |
| R1 | 215.00 | 0.703% |
| Price | 213.50 | |
| S1 | 213.18 | -0.150% |
| S2 | 209.50 | -1.87% |
| S3 | 207.00 | -3.04% |
0QS5 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 10, 2024 | Apr 10, 2024 | Apr 12, 2024 | £4.00 | 1.93% |
| 2 | Apr 19, 2023 | Apr 19, 2023 | Apr 21, 2023 | £5.50 | 2.35% |
| 3 | Apr 12, 2017 | Apr 12, 2017 | Apr 18, 2017 | £3.30 | 3.31% |
| 4 | Apr 13, 2016 | Apr 13, 2016 | Apr 13, 2016 | £3.00 | 3.01% |
| 5 | Apr 15, 2015 | Apr 15, 2015 | Apr 15, 2015 | £3.00 | 2.59% |
FAQ
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