RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BNR.DE
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Weaker technical forecast for Brenntag AG as stock downgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Brenntag AG stock price fell by -1.06% on the last day (Thursday, 28th Mar 2024) from 78.92€ to 78.08€. During the last trading day the stock fluctuated 1.41% from a day low at 77.98€ to a day high of 79.08€. The price has been going up and down for this period, and there has been a -1.14% loss for the last 2 weeks. Volume has increased on the last day by 58 thousand 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, 306 thousand shares were bought and sold for approximately 23.92€ million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 77.43€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.37% during the next 3 months and, with a 90% probability hold a price between 75.59€ and 83.22€ at the end of this 3-month period.

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BNR.DE Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.103%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Brenntag AG 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 78.76€ and 80.74€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Brenntag AG stock

Brenntag AG finds support from accumulated volume at 78.00€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 1.10€ between high and low, or 1.41%. For the last week, the stock has had daily average volatility of 1.22%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BNR.DE) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Brenntag AG to open at 78.38€, and during the day (based on 14 day Average True Range), to move between 76.76€ and 79.40€, which gives a possible trading interval of +/-1.32€ (+/-1.69%) up or down from last closing price. If Brenntag AG takes out the full calculated possible swing range there will be an estimated 3.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 78.00€ (0.10%) than the resistance at 80.32€ (2.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Brenntag AG stock A Buy?

Brenntag AG holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.921 Sell Candidate Downgraded

Predicted Opening Price for Brenntag AG of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
78.38€ ( 0.384%) 78.08€

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

Trading levels for BNR.DE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 79.48 1.79 %
R2 79.06 1.25 %
R1 78.80 0.92 %
Current price: 78.08
Support S1 77.96 -0.154 %
S2 77.70 -0.486 %
S3 77.28 -1.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 84.38 8.07 %
R2 80.50 3.10 %
R1 80.32 2.87 %
Current price 78.08
Support S1 78.00 -0.102%
S2 0 .
S3 0 .

BNR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 24, 2024 May 24, 2024 May 24, 2024 0€ 0%
2 Jun 16, 2023 Jun 16, 2023 Jun 16, 2023 2.00€ 2.77%
3 Jun 10, 2022 Jun 10, 2022 Jun 10, 2022 1.45€ 2.10%
4 Jun 11, 2021 Jun 11, 2021 Jun 11, 2021 1.35€ 1.78%
5 Mar 04, 2020 Jun 11, 2020 Jun 15, 2020 1.25€ 2.77%

FAQ

What is the symbol for Brenntag AG Stock and on which exchange is it traded?
The symbol for Brenntag AG is BNR.DE and it is traded on the GER (Deutsche Börse XETRA).

Should I buy or sell Brenntag AG Stock?
Brenntag AG holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Brenntag AG Stock?
Brenntag AG Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Brenntag AG Stock.

What's the current price of Brenntag AG Stock?
As of the end of day on the 2024-03-28, the price of an Brenntag AG (BNR.DE) share was 78.08€.

What is the 52-week high and low for Brenntag AG Stock?
The 52-week high for Brenntag AG Stock is 87.12€ and the 52-week low is 66.32€.

What is the market capitalization of Brenntag AG Stock?
As of the 2024-03-28, the market capitalization of Brenntag AG is 11.172B.

When is the next earnings date for Brenntag AG?
The upcoming earnings date for Brenntag AG is May 14, 2024.
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About Brenntag AG

Brenntag AG Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company operates through the divisions Brenntag Essentials and Brenntag Specialties. It provides value-added services, such as just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well a... BNR.DE Profile

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