Aalberts N.V. 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
Aalberts N.V. stock upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Jun 18, 2024)
The Aalberts N.V. stock price fell by -0.0482% on the last day (Tuesday, 18th Jun 2024) from 41.52€ to 41.50€. During the last trading day the stock fluctuated 1.89% from a day low at 41.28€ to a day high of 42.06€. The price has been going up and down for this period, and there has been a -2.81% loss for the last 2 weeks. 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 -31 thousand shares and in total, 107 thousand shares were bought and sold for approximately 4.44€ million.
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 41.19€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.93% during the next 3 months and, with a 90% probability hold a price between 39.98€ and 46.31€ at the end of this 3-month period.
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AALB.AS Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.630%. 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 Aalberts N.V. 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 42.12€ and 45.02€. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Aalberts N.V. stock
Aalberts N.V. finds support from accumulated volume at 41.24€ 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 0.780€ between high and low, or 1.89%. For the last week, the stock has had daily average volatility of 2.20%.
Our recommended stop-loss: 38.83€ (-6.43%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (AALB.AS) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Aalberts N.V. to open at 41.61€, and during the day (based on 14 day Average True Range), to move between 40.65€ and 42.35€, which gives a possible trading interval of +/-0.85€ (+/-2.05%) up or down from last closing price. If Aalberts N.V. takes out the full calculated possible swing range there will be an estimated 4.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 41.24€ (0.63%) than the resistance at 43.20€ (4.10%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aalberts N.V. stock A Buy?
Aalberts N.V. 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: -0.952 Hold/Accumulate Upgraded
Predicted Opening Price for Aalberts N.V. of Wednesday, June 19, 2024
| Fair opening price June 19, 2024 | Current price |
|---|---|
| 41.61€ ( 0.273%) | 41.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AALB.AS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 42.39 | 2.15% |
| R2 | 42.10 | 1.43% |
| R1 | 41.91 | 0.99% |
| Price | 41.50 | |
| S1 | 41.32 | -0.445% |
| S2 | 41.13 | -0.89% |
| S3 | 40.83 | -1.61% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 45.22 | 8.96% |
| R2 | 43.62 | 5.11% |
| R1 | 43.20 | 4.10% |
| Price | 41.50 | |
| S1 | 41.24 | -0.627% |
| S2 | 0 | - |
| S3 | 0 | - |
AALB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 27, 2024 | May 27, 2024 | Jun 20, 2024 | 1.13€ | 2.72% |
| 2 | May 29, 2023 | May 29, 2023 | May 29, 2023 | 1.11€ | 2.75% |
| 3 | May 23, 2022 | May 23, 2022 | May 23, 2022 | 0.640€ | 1.46% |
| 4 | May 31, 2021 | May 31, 2021 | May 31, 2021 | 0.600€ | 1.30% |
| 5 | May 15, 2020 | Jun 29, 2020 | Jul 17, 2020 | 0.80€ | 2.74% |
FAQ
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