BKW AG Stock Forecast
Stronger technical forecast for BKW AG stock price after Tuesday trading.
(Updated on Jul 02, 2024)
The BKW AG stock price gained 0.548% on the last trading day (Tuesday, 2nd Jul 2024), rising from 146.00 Fr to 146.80 Fr. During the last trading day the stock fluctuated 2.15% from a day low at 144.20 Fr to a day high of 147.30 Fr. The price has risen in 7 of the last 10 days and is up by 3.75% 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, 6 thousand more shares were traded than the day before. In total, 40 thousand shares were bought and sold for approximately 5.81 Fr million.
The stock lies in the upper part of a weak 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 148.10 Fr will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.66% during the next 3 months and, with a 90% probability hold a price between 148.90 Fr and 156.48 Fr at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
BKW.SW Signals & Forecast
Mostly positive signals in the chart today. The BKW AG 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 145.20 Fr and 143.20 Fr. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 8.58%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for BKW AG stock
BKW AG finds support from accumulated volume at 142.00 Fr 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 3.10 Fr between high and low, or 2.15%. For the last week the stock has had daily average volatility of 1.61%.
Our recommended stop-loss: 141.34 Fr (-3.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 75 days ago.)
Trading Expectations (BKW.SW) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect BKW AG to open at 146.10 Fr, and during the day (based on 14 day Average True Range), to move between 144.40 Fr and 149.20 Fr, which gives a possible trading interval of +/-2.40 Fr (+/-1.64%) up or down from last closing price. If BKW AG takes out the full calculated possible swing range there will be an estimated 3.28% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 142.00 Fr, some 4.80 Fr (3.27%) from the current price of 146.80 Fr, our system finds the risk reward attractive.
Is BKW AG stock A Buy?
BKW AG holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.223 Strong Buy Candidate Upgraded
Predicted Opening Price for BKW AG of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 146.10 Fr ( 0.477%) | 146.80 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BKW.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 149.20 | 1.63% |
| R2 | 148.02 | 0.83% |
| R1 | 147.28 | 0.330% |
| Price | 146.80 | |
| S1 | 144.92 | -1.28% |
| S2 | 144.18 | -1.78% |
| S3 | 143.00 | -2.59% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 146.80 | |
| S1 | 142.00 | -3.27% |
| S2 | 141.70 | -3.47% |
| S3 | 141.40 | -3.68% |
BKW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 24, 2024 | Apr 24, 2024 | Apr 26, 2024 | 3.40 Fr | 2.51% |
| 2 | May 17, 2023 | May 17, 2023 | May 22, 2023 | 1.25 Fr | 0.754% |
| 3 | May 18, 2022 | May 18, 2022 | May 20, 2022 | 2.60 Fr | 2.25% |
| 4 | May 11, 2021 | May 11, 2021 | May 11, 2021 | 2.40 Fr | 2.40% |
| 5 | Mar 18, 2020 | May 19, 2020 | May 22, 2020 | 2.20 Fr | 2.88% |
FAQ
Click here for our free guide on how to buy BKW AG Stock.
