AC Spólka Akcyjna 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
AC Spólka Akcyjna stock price down 0% on Friday
(Updated on Jun 14, 2024)
No changes to the price of AC Spólka Akcyjna stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0.735% from a day low at 27.20zł to a day high of 27.40zł. The price has fallen in 7 of the last 10 days and is down by -10.2% for this period.
The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 26.92zł will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect AC Spólka Akcyjna stock with a 90% probability to be traded between 27.28zł and 35.58zł at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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ACG.WA Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 1.49%. 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 AC Spólka Akcyjna 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 27.96zł and 31.47zł. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for AC Spólka Akcyjna stock
AC Spólka Akcyjna finds support from accumulated volume at 26.90zł and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved 0.200zł between high and low, or 0.735%. For the last week the stock has had daily average volatility of 3.41%.
AC Spólka Akcyjna 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 (ACG.WA) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect AC Spólka Akcyjna to open at 27.30zł, and during the day (based on 14 day Average True Range), to move between 26.40zł and 28.20zł, which gives a possible trading interval of +/-0.90zł (+/-3.31%) up or down from last closing price. If AC Spólka Akcyjna takes out the full calculated possible swing range there will be an estimated 6.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 26.90zł (1.47%) than the resistance at 32.90zł (20.51%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is AC Spólka Akcyjna stock A Buy?
AC Spólka Akcyjna 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: -2.474 Sell Candidate Unchanged
Predicted Opening Price for AC Spólka Akcyjna of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 27.30zł ( 0.00000000%) | 27.30zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACG.WA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.50 | 0.733% |
| R2 | 27.42 | 0.453% |
| R1 | 27.38 | 0.280% |
| Price | 27.30 | |
| S1 | 27.22 | -0.280% |
| S2 | 27.18 | -0.453% |
| S3 | 27.10 | -0.733% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 33.90 | 24.18% |
| R2 | 33.40 | 22.34% |
| R1 | 32.90 | 20.51% |
| Price | 27.30 | |
| S1 | 26.90 | -1.47% |
| S2 | 0 | - |
| S3 | 0 | - |
ACG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 24, 2024 | May 24, 2024 | Jun 04, 2024 | 3.00zł | 10.07% |
| 2 | Jun 14, 2022 | Jun 14, 2022 | Jun 14, 2022 | 2.00zł | 8.26% |
| 3 | May 31, 2021 | May 31, 2021 | May 31, 2021 | 2.20zł | 5.95% |
| 4 | Sep 14, 2020 | Sep 14, 2020 | Sep 14, 2020 | 1.85zł | 4.51% |
| 5 | Apr 01, 2020 | Apr 01, 2020 | Apr 01, 2020 | 2.80zł | 7.04% |
FAQ
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