Aktia Bank Plc Stock Forecast
Green day on Thursday for Aktia Bank Plc
(Updated on May 02, 2024)
The Aktia Bank Plc stock price gained 0.105% on the last trading day (Thursday, 2nd May 2024), rising from 9.56€ to 9.57€. During the last trading day the stock fluctuated 1.36% from a day low at 9.54€ to a day high of 9.67€. The price has risen in 6 of the last 10 days and is up by 7.17% over the past 2 weeks. Volume fell on the last day by -151 thousand shares and in total, 80 thousand shares were bought and sold for approximately 769.05€ thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Aktia Bank Plc stock with a 90% probability to be traded between 9.04€ and 10.39€ 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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AKTIA.HE Signals & Forecast
The Aktia Bank Plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 9.20€ and 9.34€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 7.41%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Wednesday, August 30, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, August 30, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Aktia Bank Plc stock
Aktia Bank Plc finds support from accumulated volume at 9.56€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.130€ between high and low, or 1.36%. For the last week the stock has had daily average volatility of 1.78%.
Our recommended stop-loss: 9.25€ (-3.32%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (AKTIA.HE) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Aktia Bank Plc to open at 9.59€, and during the day (based on 14 day Average True Range), to move between 9.40€ and 9.74€, which gives a possible trading interval of +/-0.169€ (+/-1.77%) up or down from last closing price. If Aktia Bank Plc takes out the full calculated possible swing range there will be an estimated 3.53% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 9.56€ (0.10%) than the resistance at 10.02€ (4.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aktia Bank Plc stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Aktia Bank Plc stock to perform well in the short-term period.
Current score: 1.974 Buy Candidate Unchanged
Predicted Opening Price for Aktia Bank Plc of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| 9.59€ ( 0.244%) | 9.57€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AKTIA.HE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.72 | 1.60 % | |
| R2 | 9.67 | 1.08 % | ||
| R1 | 9.64 | 0.763 % | ||
| Current price: | 9.57 | |||
| Support | S1 | 9.54 | -0.275 % | |
| S2 | 9.51 | -0.596 % | ||
| S3 | 9.46 | -1.11 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.22 | 6.79 % | |
| R2 | 10.16 | 6.17 % | ||
| R1 | 10.02 | 4.70 % | ||
| Current price | 9.57 | |||
| Support | S1 | 9.56 | -0.104% | |
| S2 | 9.08 | -5.12% | ||
| S3 | 8.93 | -6.69% |
AKTIA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 04, 2024 | Apr 04, 2024 | Apr 12, 2024 | 0.700€ | 7.71% |
| 2 | Apr 06, 2023 | Apr 06, 2023 | Apr 06, 2023 | 0.430€ | 4.67% |
| 3 | Apr 07, 2022 | Apr 07, 2022 | Apr 07, 2022 | 0.560€ | 5.57% |
| 4 | Oct 06, 2021 | Oct 06, 2021 | Oct 06, 2021 | 0.430€ | 3.68% |
| 5 | Jan 12, 2021 | Jan 12, 2021 | Jan 12, 2021 | 0.530€ | 5.35% |
FAQ
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