Beiersdorf 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
Beiersdorf Aktiengesellschaft stock price up 0.791% on Friday
(Updated on Jun 14, 2024)
The Beiersdorf Aktiengesellschaft stock price gained 0.791% on the last trading day (Friday, 14th Jun 2024), rising from 145.30€ to 146.45€. During the last trading day the stock fluctuated 1.14% from a day low at 145.00€ to a day high of 146.65€. The price has risen in 6 of the last 10 days and is up by 1.45% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 133 thousand more shares were traded than the day before. In total, 295 thousand shares were bought and sold for approximately 43.18€ 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 12.84% during the next 3 months and, with a 90% probability hold a price between 160.77€ and 174.14€ at the end of this 3-month period.
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BEI.DE Signals & Forecast
The Beiersdorf Aktiengesellschaft 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 144.99€ and 144.45€. 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, May 10, 2024, and so far it has fallen -0.543%. 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).
Support, Risk & Stop-loss for Beiersdorf Aktiengesellschaft stock
Beiersdorf Aktiengesellschaft finds support from accumulated volume at 144.35€ 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 1.65€ between high and low, or 1.14%. For the last week the stock has had daily average volatility of 1.42%.
Our recommended stop-loss: 140.22€ (-4.25%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 47 days ago.)
Trading Expectations (BEI.DE) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Beiersdorf Aktiengesellschaft to open at 146.03€, and during the day (based on 14 day Average True Range), to move between 144.49€ and 148.41€, which gives a possible trading interval of +/-1.96€ (+/-1.34%) up or down from last closing price. If Beiersdorf Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 2.68% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 146.50€ (0.03%) than the support at 144.35€ (1.43%), 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 Beiersdorf Aktiengesellschaft 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 Beiersdorf Aktiengesellschaft stock to perform well in the short-term.
Current score: 4.210 Buy Candidate Unchanged
Predicted Opening Price for Beiersdorf Aktiengesellschaft of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 146.03€ ( 0.285%) | 146.45€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BEI.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 147.68 | 0.84% |
| R2 | 147.05 | 0.412% |
| R1 | 146.66 | 0.146% |
| Price | 146.45 | |
| S1 | 145.40 | -0.715% |
| S2 | 145.01 | -0.98% |
| S3 | 144.38 | -1.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 147.25 | 0.546% |
| R2 | 147.00 | 0.376% |
| R1 | 146.50 | 0.0341% |
| Price | 146.45 | |
| S1 | 144.35 | -1.43% |
| S2 | 143.90 | -1.74% |
| S3 | 132.40 | -9.59% |
BEI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 19, 2024 | Apr 19, 2024 | Apr 23, 2024 | 1.00€ | 0.727% |
| 2 | Apr 14, 2023 | Apr 14, 2023 | Apr 14, 2023 | 0.700€ | 0.581% |
| 3 | Apr 19, 2022 | Apr 19, 2022 | Apr 19, 2022 | 0.700€ | 0.750% |
| 4 | Apr 06, 2021 | Apr 06, 2021 | Apr 06, 2021 | 0.700€ | 0.785% |
| 5 | Mar 03, 2020 | Apr 30, 2020 | May 05, 2020 | 0.700€ | 0.784% |
FAQ
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