AT & S Austria Technologie & Stock Forecast
Stronger technical forecast for AT & S Austria Technologie & stock price after Friday trading.
(Updated on May 17, 2024)
The AT & S Austria Technologie & stock price gained 4.36% on the last trading day (Friday, 17th May 2024), rising from 21.56€ to 22.50€. During the last trading day the stock fluctuated 5.53% from a day low at 21.34€ to a day high of 22.52€. The price has risen in 6 of the last 10 days and is up by 10.4% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 6 thousand shares were bought and sold for approximately 141.05€ thousand.
The stock lies in the upper part of a very wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 22.79€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 9.04% during the next 3 months and, with a 90% probability hold a price between 19.22€ and 24.85€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AUS.DE Signals & Forecast
The AT & S Austria Technologie & stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 20.86€ and 19.68€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 37.28%. Further rise is indicated until a new top pivot has been found. AT & S Austria Technologie & has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for AT & S Austria Technologie & stock
On the downside, the stock finds support just below today's level from accumulated volume at 20.24€ and 19.59€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AT & S Austria Technologie & finds support just below today's level at 20.24€. If this is broken, then the next support from accumulated volume will be at 19.59€ and 19.54€.
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 1.18€ between high and low, or 5.53%. For the last week, the stock has had daily average volatility of 5.40%.
Our recommended stop-loss: 21.66€ (-3.74%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 40 days ago.)
Trading Expectations (AUS.DE) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect AT & S Austria Technologie & Systemtechnik Aktiengesellschaft to open at 22.12€, and during the day (based on 14 day Average True Range), to move between 21.67€ and 23.33€, which gives a possible trading interval of +/-0.83€ (+/-3.68%) up or down from last closing price. If AT & S Austria Technologie & Systemtechnik Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 7.36% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 20.24€, some 2.26€ (10.04%) from the current price of 22.50€, our system finds the risk reward attractive.
Is AT & S Austria Technologie & Systemtechnik Aktiengesellschaft stock A Buy?
AT & S Austria Technologie & holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 6.626 Strong Buy Candidate Upgraded
Predicted Opening Price for AT & S Austria Technologie & Systemtechnik Aktiengesellschaft of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 22.12€ ( 1.69%) | 22.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AUS.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 23.30 | 3.56 % | |
| R2 | 22.85 | 1.55 % | ||
| R1 | 22.57 | 0.314 % | ||
| Current price: | 22.50 | |||
| Support | S1 | 21.67 | -3.69 % | |
| S2 | 21.39 | -4.93 % | ||
| S3 | 20.94 | -6.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 22.50 | |||
| Support | S1 | 20.24 | -10.04% | |
| S2 | 19.59 | -12.93% | ||
| S3 | 19.54 | -13.16% |
AUS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 25, 2023 | Jul 25, 2023 | Jul 25, 2023 | 0.400€ | 1.34% |
| 2 | Jul 26, 2022 | Jul 26, 2022 | Jul 26, 2022 | 0.120€ | 0.231% |
| 3 | Jul 27, 2021 | Jul 27, 2021 | Jul 27, 2021 | 0.390€ | 1.05% |
| 4 | Feb 13, 2020 | Jul 28, 2020 | Jul 30, 2020 | 0.250€ | 1.61% |
| 5 | May 06, 2019 | Jul 23, 2019 | Jul 25, 2019 | 0.600€ | 4.03% |
FAQ
Click here for our free guide on how to buy AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Stock.
