Bilia AB (publ) 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
Bilia AB (publ) stock price down 2.57% on Thursday
(Updated on May 16, 2024)
The Bilia AB (publ) stock price fell by -2.57% on the last day (Thursday, 16th May 2024) from kr147.70 to kr143.90. During the last trading day the stock fluctuated 3.41% from a day low at kr143.90 to a day high of kr148.80. The price has risen in 6 of the last 10 days and is up by 3.15% over the past 2 weeks. Volume has increased on the last day by 958 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, 58 thousand shares were bought and sold for approximately kr8.32 million.
The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at kr147.93 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.14% during the next 3 months and, with a 90% probability hold a price between kr140.33 and kr162.93 at the end of this 3-month period.
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BILI-A.ST Signals & Forecast
The Bilia AB (publ) 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 kr144.89. On a fall, the stock will find some support from the long-term average at approximately kr134.87. 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 Wednesday, May 15, 2024, and so far it has fallen -2.57%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Bilia AB (publ) stock
Bilia AB (publ) finds support from accumulated volume at kr142.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved kr4.90 between high and low, or 3.41%. For the last week, the stock has had daily average volatility of 2.36%.
Our recommended stop-loss: kr138.92 (-3.46%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (BILI-A.ST) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Bilia AB (publ) to open at kr145.53, and during the day (based on 14 day Average True Range), to move between kr140.34 and kr147.46, which gives a possible trading interval of +/-kr3.56 (+/-2.48%) up or down from last closing price. If Bilia AB (publ) takes out the full calculated possible swing range there will be an estimated 4.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr145.20 (0.90%) than the support at kr142.40 (1.04%), 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 Bilia AB (publ) stock A Buy?
Bilia AB (publ) 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.
Current score: -0.598 Hold/Accumulate Unchanged
Predicted Opening Price for Bilia AB (publ) of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| kr145.53 ( 1.14%) | kr143.90 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BILI-A.ST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 150.43 | 4.54 % | |
| R2 | 148.56 | 3.24 % | ||
| R1 | 147.41 | 2.44 % | ||
| Current price: | 143.90 | |||
| Support | S1 | 143.66 | -0.166 % | |
| S2 | 142.51 | -0.97 % | ||
| S3 | 140.63 | -2.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 147.70 | 2.64 % | |
| R2 | 146.80 | 2.02 % | ||
| R1 | 145.20 | 0.90 % | ||
| Current price | 143.90 | |||
| Support | S1 | 142.40 | -1.04% | |
| S2 | 132.90 | -7.64% | ||
| S3 | 130.20 | -9.52% |
BILI-A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 06, 2025 | Jan 06, 2025 | Jan 10, 2025 | kr1.65 | 1.14% |
| 2 | Oct 04, 2024 | Oct 04, 2024 | Oct 10, 2024 | kr1.65 | 1.14% |
| 3 | Jul 05, 2024 | Jul 05, 2024 | Jul 11, 2024 | kr1.65 | 1.14% |
| 4 | Apr 25, 2024 | Apr 25, 2024 | May 02, 2024 | kr1.65 | 1.20% |
| 5 | Jul 10, 2023 | Jul 10, 2023 | Jul 10, 2023 | kr2.20 | 2.05% |
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