BKW AG Stock Forecast

Stronger technical forecast for BKW AG stock price after Wednesday trading.
(Updated on Apr 24, 2024)

BKW.SW Signals & Forecast

The BKW AG 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 139.71 Fr. On a fall, the stock will find some support from the long-term average at approximately 136.20 Fr. 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 Tuesday, March 12, 2024, and so far it has fallen -3.87%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for BKW AG stock

BKW AG finds support from accumulated volume at 136.50 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 2.00 Fr between high and low, or 1.47%. For the last week the stock has had daily average volatility of 1.72%.

Our recommended stop-loss: 130.16 Fr (-4.72%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 29 days ago.)

Trading Expectations (BKW.SW) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect BKW AG to open at 136.73 Fr, and during the day (based on 14 day Average True Range), to move between 133.42 Fr and 139.78 Fr, which gives a possible trading interval of +/-3.18 Fr (+/-2.33%) up or down from last closing price. If BKW AG takes out the full calculated possible swing range there will be an estimated 4.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 136.50 Fr (0.07%) than the resistance at 138.40 Fr (1.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is BKW AG 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 BKW AG stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.163 Buy Candidate Upgraded

Predicted Opening Price for BKW AG of Thursday, April 25, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.