BAVARIA Industries Group AG Stock Forecast
BAVARIA Industries Group AG stock downgraded to Sell Candidate
(Updated on May 10, 2024)
No changes to the price of BAVARIA Industries Group AG stock on the last trading day (Friday, 10th May 2024). During the last trading day the stock fluctuated 0% from a day low at 89.50€ to a day high of 89.50€. The price has fallen in 4 of the last 10 days and is down by -0.56% for this period.
The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 88.76€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect BAVARIA Industries Group AG stock with a 90% probability to be traded between 88.19€ and 93.02€ 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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B8A.DE Signals & Forecast
There are mixed signals in the stock today. The BAVARIA Industries Group AG 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 89.79€ and 90.01€. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Thursday, April 04, 2024, and so far it has risen 0.562%. 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 BAVARIA Industries Group AG stock
BAVARIA Industries Group AG finds support from accumulated volume at 89.00€ 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.672%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (B8A.DE) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect BAVARIA Industries Group AG to open at 89.50€, and during the day (based on 14 day Average True Range), to move between 88.84€ and 90.16€, which gives a possible trading interval of +/-0.659€ (+/-0.74%) up or down from last closing price. If BAVARIA Industries Group AG takes out the full calculated possible swing range there will be an estimated 1.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 90.00€ (0.56%) than the support at 89.00€ (0.56%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is BAVARIA Industries Group AG stock A Buy?
BAVARIA Industries Group AG 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. 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: -1.211 Sell Candidate Downgraded
Predicted Opening Price for BAVARIA Industries Group AG of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 89.50€ ( 0%) | 89.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for B8A.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 89.50 | . | |
| R2 | 89.50 | . | ||
| R1 | 89.50 | . | ||
| Current price: | 89.50 | |||
| Support | S1 | 89.50 | . | |
| S2 | 89.50 | . | ||
| S3 | 89.50 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 92.00 | 2.79 % | |
| R2 | 90.50 | 1.12 % | ||
| R1 | 90.00 | 0.559 % | ||
| Current price | 89.50 | |||
| Support | S1 | 89.00 | -0.559% | |
| S2 | 87.50 | -2.23% | ||
| S3 | 0 | . |
B8A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2012 | May 28, 2012 | May 29, 2012 | 0.0400€ | 0.343% |
| 2 | Jun 02, 2011 | Jun 02, 2011 | Jun 02, 2011 | 0.0400€ | 0.281% |
| 3 | Mar 31, 2010 | Jun 14, 2010 | Jun 14, 2010 | 1.25€ | 10.82% |
| 4 | Mar 30, 2009 | Jun 02, 2009 | Jun 02, 2009 | 3.15€ | 27.16% |
| 5 | Apr 30, 2008 | Jun 23, 2008 | Jun 23, 2008 | 3.00€ | 24.17% |
FAQ
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