Axway Software SA 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
Weaker technical forecast for Axway Software SA as stock downgraded to Sell Candidate.
(Updated on Apr 30, 2024)
No changes to the price of Axway Software SA stock on the last trading day (Tuesday, 30th Apr 2024). During the last trading day the stock fluctuated 0.80% from a day low at 24.90€ to a day high of 25.10€. The price has fallen in 5 of the last 10 days and is down by -3.47% for this period.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.03% during the next 3 months and, with a 90% probability hold a price between 20.88€ and 22.72€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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AXW.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 0.402%. 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 Axway Software 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 25.23€ and 25.65€. 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. The stock had a Golden Star Signal on Monday, October 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 Monday, October 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 Axway Software SA stock
Axway Software SA finds support from accumulated volume at 24.90€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.200€ between high and low, or 0.80%. For the last week the stock has had daily average volatility of 1.89%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AXW.PA) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Axway Software SA to open at 25.00€, and during the day (based on 14 day Average True Range), to move between 24.58€ and 25.42€, which gives a possible trading interval of +/-0.424€ (+/-1.70%) up or down from last closing price. If Axway Software SA takes out the full calculated possible swing range there will be an estimated 3.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 24.90€ (0.40%) than the resistance at 26.20€ (4.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Axway Software SA stock A Buy?
Axway Software SA holds several negative signals and is within a 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.519 Sell Candidate Downgraded
Predicted Opening Price for Axway Software SA of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| 25.00€ ( 0%) | 25.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AXW.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.20 | 0.80 % | |
| R2 | 25.12 | 0.494 % | ||
| R1 | 25.08 | 0.306 % | ||
| Current price: | 25.00 | |||
| Support | S1 | 24.92 | -0.306 % | |
| S2 | 24.88 | -0.494 % | ||
| S3 | 24.80 | -0.80 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 27.50 | 10.00 % | |
| R2 | 27.20 | 8.80 % | ||
| R1 | 26.20 | 4.80 % | ||
| Current price | 25.00 | |||
| Support | S1 | 24.90 | -0.400% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
AXW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 05, 2023 | Jun 05, 2023 | Jun 05, 2023 | 0.400€ | 1.87% |
| 2 | Jun 06, 2022 | Jun 06, 2022 | Jun 06, 2022 | 0.400€ | 2.30% |
| 3 | Jun 02, 2022 | Jun 02, 2022 | Jun 02, 2022 | 0.400€ | 2.30% |
| 4 | Jun 16, 2021 | Jun 16, 2021 | Jun 16, 2021 | 0.400€ | 1.43% |
| 5 | Feb 21, 2019 | Jul 02, 2019 | Jul 04, 2019 | 0.400€ | 3.17% |
FAQ
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