Bertrandt Aktiengesellschaft 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
Red day on Friday for Bertrandt Aktiengesellschaft stock after losing 1.86%
(Updated on May 31, 2024)
The Bertrandt Aktiengesellschaft stock price fell by -1.86% on the last day (Friday, 31st May 2024) from 37.60€ to 36.90€. During the last trading day the stock fluctuated 3.00% from a day low at 36.70€ to a day high of 37.80€. The price has fallen in 6 of the last 10 days and is down by -9.78% for this period. Volume has increased on the last day by 12 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 14 thousand shares were bought and sold for approximately 511.40€ thousand.
The stock lies in the middle of a wide and 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 -21.47% during the next 3 months and, with a 90% probability hold a price between 28.04€ and 31.18€ 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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BDT.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, May 24, 2024, and so far it has risen 0.82%. 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 Bertrandt Aktiengesellschaft 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 37.39€ and 40.07€. 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). Bertrandt Aktiengesellschaft gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Bertrandt Aktiengesellschaft stock
Bertrandt Aktiengesellschaft finds support from accumulated volume at 36.60€ 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 1.10€ between high and low, or 3.00%. For the last week, the stock has had daily average volatility of 4.31%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BDT.DE) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Bertrandt Aktiengesellschaft to open at 37.13€, and during the day (based on 14 day Average True Range), to move between 35.63€ and 38.17€, which gives a possible trading interval of +/-1.27€ (+/-3.44%) up or down from last closing price. If Bertrandt Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 6.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 36.60€ (0.81%) than the resistance at 41.10€ (11.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Bertrandt Aktiengesellschaft stock A Buy?
Bertrandt Aktiengesellschaft holds several negative signals and is within a wide and 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.
Current score: -4.056 Sell Candidate Unchanged
Predicted Opening Price for Bertrandt Aktiengesellschaft of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 37.13€ ( 0.632%) | 36.90€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BDT.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.23 | 3.61 % | |
| R2 | 37.81 | 2.47 % | ||
| R1 | 37.55 | 1.77 % | ||
| Current price: | 36.90 | |||
| Support | S1 | 36.71 | -0.506 % | |
| S2 | 36.45 | -1.21 % | ||
| S3 | 36.03 | -2.35 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 45.70 | 23.85 % | |
| R2 | 41.70 | 13.01 % | ||
| R1 | 41.10 | 11.38 % | ||
| Current price | 36.90 | |||
| Support | S1 | 36.60 | -0.81% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
BDT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Feb 22, 2024 | Feb 22, 2024 | 0€ | 0% |
| 2 | Feb 23, 2023 | Feb 23, 2023 | Feb 23, 2023 | 0.85€ | 1.69% |
| 3 | Feb 24, 2022 | Feb 24, 2022 | Feb 24, 2022 | 0.270€ | 0.567% |
| 4 | Mar 01, 2021 | Mar 01, 2021 | Mar 01, 2021 | 0.150€ | 0.330% |
| 5 | Dec 12, 2019 | Feb 20, 2020 | Feb 24, 2020 | 1.60€ | 3.46% |
FAQ
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