Bucher Industries AG Stock Forecast
Bucher Industries AG stock price ended at 375.50 Fr on Friday, after losing 0.266%.
(Updated on May 17, 2024)
The Bucher Industries AG stock price fell by -0.266% on the last day (Friday, 17th May 2024) from 376.50 Fr to 375.50 Fr. During the last trading day the stock fluctuated 1.34% from a day low at 372.50 Fr to a day high of 377.50 Fr. The price has risen in 7 of the last 10 days and is up by 5.03% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -5 thousand shares and in total, 15 thousand shares were bought and sold for approximately 5.76 Fr million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.75% during the next 3 months and, with a 90% probability hold a price between 339.00 Fr and 378.07 Fr at the end of this 3-month period.
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BUCN.SW Signals & Forecast
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. The Bucher Industries 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 378.43 Fr and 379.68 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -1.44%. 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 Bucher Industries AG stock
Bucher Industries AG finds support from accumulated volume at 374.00 Fr 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 5.00 Fr between high and low, or 1.34%. For the last week, the stock has had daily average volatility of 1.59%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BUCN.SW) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Bucher Industries AG to open at 375.17 Fr, and during the day (based on 14 day Average True Range), to move between 369.29 Fr and 381.71 Fr, which gives a possible trading interval of +/-6.21 Fr (+/-1.65%) up or down from last closing price. If Bucher Industries AG takes out the full calculated possible swing range there will be an estimated 3.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 374.00 Fr (0.40%) than the resistance at 380.00 Fr (1.20%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Bucher Industries AG stock A Buy?
Bucher Industries 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.
Current score: -4.496 Sell Candidate Unchanged
Predicted Opening Price for Bucher Industries AG of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| 375.17 Fr ( 0.0888%) | 375.50 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BUCN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 380.17 | 1.24 % | |
| R2 | 378.26 | 0.734 % | ||
| R1 | 377.08 | 0.420 % | ||
| Current price: | 375.50 | |||
| Support | S1 | 373.26 | -0.597 % | |
| S2 | 372.08 | -0.91 % | ||
| S3 | 370.17 | -1.42 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 398.00 | 5.99 % | |
| R2 | 393.00 | 4.66 % | ||
| R1 | 380.00 | 1.20 % | ||
| Current price | 375.50 | |||
| Support | S1 | 374.00 | -0.399% | |
| S2 | 361.00 | -3.86% | ||
| S3 | 360.50 | -3.99% |
BUCN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 22, 2024 | Apr 22, 2024 | Apr 24, 2024 | 13.50 Fr | 3.74% |
| 2 | Apr 21, 2023 | Apr 21, 2023 | Apr 25, 2023 | 13.00 Fr | 3.30% |
| 3 | Apr 14, 2022 | Apr 14, 2022 | Apr 14, 2022 | 9.50 Fr | 2.62% |
| 4 | Apr 19, 2021 | Apr 19, 2021 | Apr 19, 2021 | 6.50 Fr | 1.31% |
| 5 | Mar 04, 2020 | Apr 28, 2020 | Apr 30, 2020 | 8.00 Fr | 2.94% |
FAQ
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