BKW AG 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
Evaluation of BKW AG stock downgraded after the last trading session.
(Updated on May 03, 2024)
The BKW AG stock price gained 0.728% on the last trading day (Friday, 3rd May 2024), rising from 137.40 Fr to 138.40 Fr. During the last trading day the stock fluctuated 2.40% from a day low at 137.30 Fr to a day high of 140.60 Fr. The price has fallen in 7 of the last 10 days and is down by -2.26% for this period. Volume fell on the last day by -3 thousand shares and in total, 44 thousand shares were bought and sold for approximately 6.08 Fr million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and weak 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 6.72% during the next 3 months and, with a 90% probability hold a price between 139.31 Fr and 157.33 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
The BKW AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 136.74 Fr and 137.04 Fr. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 -2.60%. 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 BKW AG stock
BKW AG finds support from accumulated volume at 131.80 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 3.30 Fr between high and low, or 2.40%. For the last week the stock has had daily average volatility of 1.72%.
Our recommended stop-loss: 132.25 Fr (-4.44%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 35 days ago.)
Trading Expectations (BKW.SW) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect BKW AG to open at 138.77 Fr, and during the day (based on 14 day Average True Range), to move between 135.51 Fr and 141.29 Fr, which gives a possible trading interval of +/-2.89 Fr (+/-2.09%) up or down from last closing price. If BKW AG takes out the full calculated possible swing range there will be an estimated 4.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 139.10 Fr (0.51%) than the support at 131.80 Fr (4.77%), 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 BKW AG stock A Buy?
BKW AG holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.730 Hold/Accumulate Downgraded
Predicted Opening Price for BKW AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 138.77 Fr ( 0.265%) | 138.40 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 | |||
|---|---|---|---|---|
| Resistance | R3 | 142.07 | 2.65 % | |
| R2 | 140.81 | 1.74 % | ||
| R1 | 140.03 | 1.18 % | ||
| Current price: | 138.40 | |||
| Support | S1 | 137.51 | -0.646 % | |
| S2 | 136.73 | -1.21 % | ||
| S3 | 135.47 | -2.12 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 142.10 | 2.67 % | |
| R2 | 141.40 | 2.17 % | ||
| R1 | 139.10 | 0.506 % | ||
| Current price | 138.40 | |||
| Support | S1 | 131.80 | -4.77% | |
| S2 | 131.20 | -5.20% | ||
| S3 | 124.00 | -10.40% |
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.
