Dws Group Gmbh & Co. Kgaa Stock Forecast
Red day on Wednesday for Dws Group Gmbh & Co. Kgaa
(Updated on Jun 19, 2024)
The Dws Group Gmbh & Co. Kgaa stock price fell by -2.31% on the last day (Wednesday, 19th Jun 2024) from £33.82 to £33.04. During the last trading day the stock fluctuated 0% from a day low at £33.04 to a day high of £33.04. The price has fallen in 7 of the last 10 days and is down by -23.91% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 0 shares were bought and sold for approximately £0 .
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £32.88 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -4.44% during the next 3 months and, with a 90% probability hold a price between £31.42 and £42.98 at the end of this 3-month period.
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0SAY.L Signals & Forecast
There are few to no technical positive signals at the moment. The Dws Group Gmbh & Co. Kgaa 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 £33.91 and £40.38. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -2.31%. 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). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Dws Group Gmbh & Co. Kgaa stock
Dws Group Gmbh & Co. Kgaa finds support from accumulated volume at £32.99 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 £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 1.84%
Dws Group Gmbh & Co. Kgaa is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (0SAY.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Dws Group Gmbh & Co. Kgaa to open at £33.04, and during the day (based on 14 day Average True Range), to move between £31.75 and £34.33, which gives a possible trading interval of +/-£1.29 (+/-3.90%) up or down from last closing price. If Dws Group Gmbh & Co. Kgaa takes out the full calculated possible swing range there will be an estimated 7.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £32.99 (0.16%) than the resistance at £40.08 (21.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Dws Group Gmbh & Co. Kgaa stock A Buy?
Dws Group Gmbh & Co. Kgaa holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.697 Sell Candidate Unchanged
Predicted Opening Price for Dws Group Gmbh & Co. Kgaa of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £33.04 ( 0%) | £33.04 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0SAY.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 33.04 | - |
| R2 | 33.04 | - |
| R1 | 33.04 | - |
| Price | 33.04 | |
| S1 | 33.04 | - |
| S2 | 33.04 | - |
| S3 | 33.04 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.87 | 23.70% |
| R2 | 40.68 | 23.13% |
| R1 | 40.08 | 21.31% |
| Price | 33.04 | |
| S1 | 32.99 | -0.162% |
| S2 | 0 | - |
| S3 | 0 | - |
0SAY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 07, 2024 | Jun 07, 2024 | Jun 11, 2024 | £6.10 | 17.33% |
| 2 | Jun 16, 2023 | Jun 16, 2023 | Jun 20, 2023 | £2.05 | 7.27% |
| 3 | Jun 10, 2022 | Jun 10, 2022 | Jun 14, 2022 | £2.00 | 7.51% |
FAQ
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