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 0.392% on Friday
(Updated on Jun 21, 2024)
The Beiersdorf Aktiengesellschaft stock price gained 0.392% on the last trading day (Friday, 21st Jun 2024), rising from 140.45€ to 141.00€. During the last trading day the stock fluctuated 1.00% from a day low at 140.00€ to a day high of 141.40€. The price has been going up and down for this period, and there has been a -2.79% loss 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, 466 thousand more shares were traded than the day before. In total, 770 thousand shares were bought and sold for approximately 108.56€ million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 140.05€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 11.07% during the next 3 months and, with a 90% probability hold a price between 155.54€ and 171.83€ at the end of this 3-month period.
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BEI.DE Signals & Forecast
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. The Beiersdorf 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 142.99€ and 144.54€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 10, 2024, and so far it has fallen -4.24%. 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 139.55€ 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 1.40€ between high and low, or 1.00%. For the last week the stock has had daily average volatility of 2.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BEI.DE) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Beiersdorf Aktiengesellschaft to open at 140.80€, and during the day (based on 14 day Average True Range), to move between 138.77€ and 143.23€, which gives a possible trading interval of +/-2.23€ (+/-1.58%) up or down from last closing price. If Beiersdorf Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 3.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 142.05€ (0.74%) than the support at 139.55€ (1.03%), 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?
The Beiersdorf Aktiengesellschaft stock holds several negative signals and despite the positive trend, we believe Beiersdorf Aktiengesellschaft will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.574 Sell Candidate Unchanged
Predicted Opening Price for Beiersdorf Aktiengesellschaft of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| 140.80€ ( 0.142%) | 141.00€ |
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 | 142.20 | 0.85% |
| R2 | 141.67 | 0.472% |
| R1 | 141.33 | 0.237% |
| Price | 141.00 | |
| S1 | 140.27 | -0.521% |
| S2 | 139.93 | -0.755% |
| S3 | 139.40 | -1.13% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 144.35 | 2.38% |
| R2 | 143.90 | 2.06% |
| R1 | 142.05 | 0.745% |
| Price | 141.00 | |
| S1 | 139.55 | -1.03% |
| S2 | 133.85 | -5.07% |
| S3 | 132.40 | -6.10% |
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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