Banque Cantonale du Jura SA Stock Forecast
Banque Cantonale du Jura SA stock price down 0% on Tuesday
(Updated on Jun 25, 2024)
No changes to the price of Banque Cantonale du Jura SA stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 1.75% from a day low at 57.00 Fr to a day high of 58.00 Fr. The price has risen in 4 of the last 10 days but is still down by -1.69% for this period.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 56.76 Fr will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Banque Cantonale du Jura SA stock with a 90% probability to be traded between 55.95 Fr and 63.54 Fr 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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BCJ.SW Signals & Forecast
There are mixed signals in the stock today. The Banque Cantonale du Jura 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 59.29 Fr and 60.60 Fr. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 1.75%. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Banque Cantonale du Jura SA stock
Banque Cantonale du Jura SA finds support from accumulated volume at 57.00 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 1.00 Fr (1.75%) between high and low. For the last week, the stock has had daily average volatility of 1.23%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BCJ.SW) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Banque Cantonale du Jura SA to open at 57.67 Fr, and during the day (based on 14 day Average True Range), to move between 56.79 Fr and 59.21 Fr, which gives a possible trading interval of +/-1.21 Fr (+/-2.08%) up or down from last closing price. If Banque Cantonale du Jura SA takes out the full calculated possible swing range there will be an estimated 4.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 57.00 Fr (1.72%) than the resistance at 60.00 Fr (3.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Banque Cantonale du Jura SA stock A Buy?
Banque Cantonale du Jura SA 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.
Current score: -1.717 Sell Candidate Unchanged
Predicted Opening Price for Banque Cantonale du Jura SA of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 57.67 Fr ( 0.575%) | 58.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BCJ.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58.67 | 1.15% |
| R2 | 58.28 | 0.491% |
| R1 | 58.05 | 0.0839% |
| Price | 58.00 | |
| S1 | 57.28 | -1.23% |
| S2 | 57.05 | -1.64% |
| S3 | 56.67 | -2.30% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 61.50 | 6.03% |
| R2 | 61.00 | 5.17% |
| R1 | 60.00 | 3.45% |
| Price | 58.00 | |
| S1 | 57.00 | -1.72% |
| S2 | 0 | - |
| S3 | 0 | - |
BCJ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 03, 2024 | May 03, 2024 | May 07, 2024 | 2.25 Fr | 3.49% |
| 2 | May 02, 2023 | May 02, 2023 | May 04, 2023 | 1.75 Fr | 3.18% |
| 3 | May 02, 2022 | May 02, 2022 | May 04, 2022 | 1.60 Fr | 2.99% |
| 4 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 1.20 Fr | 2.22% |
| 5 | Jan 30, 2020 | May 04, 2020 | May 06, 2020 | 1.85 Fr | 3.43% |
FAQ
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