Bâloise Holding AG Stock Forecast
Green day on Friday for Bâloise Holding AG stock after gaining 1.02%
(Updated on Jun 28, 2024)
The Bâloise Holding AG stock price gained 1.02% on the last trading day (Friday, 28th Jun 2024), rising from 156.60 Fr to 158.20 Fr. During the last trading day the stock fluctuated 0.83% from a day low at 157.10 Fr to a day high of 158.40 Fr. The price has been going up and down for this period, and there has been a 1.87% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 55 thousand more shares were traded than the day before. In total, 108 thousand shares were bought and sold for approximately 17.09 Fr million.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.60% during the next 3 months and, with a 90% probability hold a price between 181.03 Fr and 190.30 Fr at the end of this 3-month period.
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BALN.SW Signals & Forecast
The Bâloise Holding AG 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 158.09 Fr and 154.21 Fr. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 21, 2024, and so far it has fallen -1.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Tuesday, May 07, 2024 in the short-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
The stock had a Golden Star Signal on Tuesday, May 07, 2024 in the short-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 Bâloise Holding AG stock
Bâloise Holding AG finds support from accumulated volume at 152.80 Fr 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.30 Fr between high and low, or 0.83%. For the last week the stock has had daily average volatility of 1.22%.
Our recommended stop-loss: 151.62 Fr (-4.16%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 39 days ago.)
Trading Expectations (BALN.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Bâloise Holding AG to open at 157.90 Fr, and during the day (based on 14 day Average True Range), to move between 156.25 Fr and 160.15 Fr, which gives a possible trading interval of +/-1.95 Fr (+/-1.23%) up or down from last closing price. If Bâloise Holding AG takes out the full calculated possible swing range there will be an estimated 2.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 158.60 Fr (0.25%) than the support at 152.80 Fr (3.41%), 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 Bâloise Holding AG stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Bâloise Holding AG stock to perform well in the short-term.
Current score: 4.270 Buy Candidate Unchanged
Predicted Opening Price for Bâloise Holding AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 157.90 Fr ( 0.190%) | 158.20 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BALN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 159.20 | 0.632% |
| R2 | 158.70 | 0.318% |
| R1 | 158.40 | 0.124% |
| Price | 158.20 | |
| S1 | 157.40 | -0.504% |
| S2 | 157.10 | -0.697% |
| S3 | 156.60 | -1.01% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 159.80 | 1.01% |
| R2 | 159.40 | 0.759% |
| R1 | 158.60 | 0.253% |
| Price | 158.20 | |
| S1 | 152.80 | -3.41% |
| S2 | 145.80 | -7.84% |
| S3 | 138.80 | -12.26% |
BALN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2024 | Apr 30, 2024 | May 03, 2024 | 7.70 Fr | 5.46% |
| 2 | May 03, 2023 | May 03, 2023 | May 03, 2023 | 7.40 Fr | 5.27% |
| 3 | May 03, 2022 | May 03, 2022 | May 03, 2022 | 7.00 Fr | 4.28% |
| 4 | May 04, 2021 | May 04, 2021 | May 04, 2021 | 6.40 Fr | 4.31% |
| 5 | Mar 12, 2020 | Apr 28, 2020 | Apr 30, 2020 | 6.40 Fr | 4.43% |
FAQ
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