AC Immune SA Stock Forecast
AC Immune SA stock price ended at $2.39 on Friday, after losing 2.05%.
(Updated on May 03, 2024)
The AC Immune SA stock price fell by -2.05% on the last day (Friday, 3rd May 2024) from $2.44 to $2.39. During the last trading day the stock fluctuated 3.38% from a day low at $2.37 to a day high of $2.45. The price has been going up and down for this period, and there has been a 1.27% gain 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 -8 thousand shares and in total, 117 thousand shares were bought and sold for approximately $278.86 thousand.
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 $2.19 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -23.38% during the next 3 months and, with a 90% probability hold a price between $1.68 and $2.51 at the end of this 3-month period.
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ACIU Signals & Forecast
There are mixed signals in the stock today. The AC Immune SA 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 $2.41 and $2.72. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 4.37%. 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).
Support, Risk & Stop-loss for AC Immune SA stock
AC Immune SA finds support from accumulated volume at $2.38 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 $0.0800 between high and low, or 3.38%. For the last week the stock has had daily average volatility of 5.52%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ACIU) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect AC Immune SA to open at $2.40, and during the day (based on 14 day Average True Range), to move between $2.21 and $2.57, which gives a possible trading interval of +/-$0.180 (+/-7.53%) up or down from last closing price. If AC Immune SA takes out the full calculated possible swing range there will be an estimated 15.06% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $2.38 (0.42%) than the resistance at $2.80 (17.15%), 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 Immune SA stock A Buy?
AC Immune SA holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.455 Sell Candidate Unchanged
Predicted Opening Price for AC Immune SA of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $2.40 ( 0.558%) | $2.39 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACIU
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.48 | 3.91 % | |
| R2 | 2.45 | 2.63 % | ||
| R1 | 2.43 | 1.84 % | ||
| Current price: | 2.39 | |||
| Support | S1 | 2.37 | -0.721 % | |
| S2 | 2.35 | -1.51 % | ||
| S3 | 2.32 | -2.79 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.90 | 21.34 % | |
| R2 | 2.84 | 18.83 % | ||
| R1 | 2.80 | 17.15 % | ||
| Current price | 2.39 | |||
| Support | S1 | 2.38 | -0.418% | |
| S2 | 2.37 | -0.84% | ||
| S3 | 2.29 | -4.18% |
FAQ
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