Barry Callebaut AG Stock Forecast
Weaker technical forecast for Barry Callebaut AG as stock downgraded to Hold/Accumulate.
(Updated on Apr 26, 2024)
The Barry Callebaut AG stock price fell by -1.15% on the last day (Friday, 26th Apr 2024) from 1,393.00 Fr to 1,377.00 Fr. During the last trading day the stock fluctuated 2.41% from a day low at 1,367.00 Fr to a day high of 1,400.00 Fr. The price has risen in 6 of the last 10 days and is up by 5.76% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -464 shares and in total, 9 thousand shares were bought and sold for approximately 12.87 Fr million.
The stock lies in the middle of a wide and weak 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 5.42% during the next 3 months and, with a 90% probability hold a price between 1,313.00 Fr and 1,509.41 Fr at the end of this 3-month period.
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BARN.SW Signals & Forecast
The Barry Callebaut AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 1,394.71 Fr. On a fall, the stock will find some support from the long-term average at approximately 1,316.40 Fr. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Monday, April 22, 2024, and so far it has fallen -3.50%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Barry Callebaut AG stock
Barry Callebaut AG finds support from accumulated volume at 1,365.00 Fr 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 33.00 Fr between high and low, or 2.41%. For the last week, the stock has had daily average volatility of 2.28%.
Our recommended stop-loss: 1,310.06 Fr (-4.86%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (BARN.SW) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Barry Callebaut AG to open at 1,381.33 Fr, and during the day (based on 14 day Average True Range), to move between 1,336.05 Fr and 1,417.95 Fr, which gives a possible trading interval of +/-40.95 Fr (+/-2.97%) up or down from last closing price. If Barry Callebaut AG takes out the full calculated possible swing range there will be an estimated 5.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 1,365.00 Fr (0.87%) than the resistance at 1,394.00 Fr (1.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Barry Callebaut AG stock A Buy?
Barry Callebaut AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: -0.052 Hold/Accumulate Downgraded
Predicted Opening Price for Barry Callebaut AG of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 1,381.33 Fr ( 0.315%) | 1,377.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BARN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,414.33 | 2.71 % | |
| R2 | 1,401.73 | 1.80 % | ||
| R1 | 1,393.94 | 1.23 % | ||
| Current price: | 1,377.00 | |||
| Support | S1 | 1,368.73 | -0.601 % | |
| S2 | 1,360.94 | -1.17 % | ||
| S3 | 1,348.33 | -2.08 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,427.00 | 3.63 % | |
| R2 | 1,411.00 | 2.47 % | ||
| R1 | 1,394.00 | 1.23 % | ||
| Current price | 1,377.00 | |||
| Support | S1 | 1,365.00 | -0.87% | |
| S2 | 1,333.00 | -3.20% | ||
| S3 | 1,231.00 | -10.60% |
BARN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 08, 2024 | Jan 08, 2024 | Jan 08, 2024 | 0 Fr | 0% |
| 2 | Jan 09, 2023 | Jan 09, 2023 | Jan 11, 2023 | 28.00 Fr | 1.50% |
| 3 | Jan 04, 2022 | Jan 04, 2022 | Jan 04, 2022 | 28.00 Fr | 1.27% |
| 4 | Jan 05, 2021 | Jan 05, 2021 | Jan 05, 2021 | 22.00 Fr | 1.06% |
| 5 | Nov 06, 2019 | Jan 06, 2020 | Jan 08, 2020 | 26.00 Fr | 1.22% |
FAQ
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