Catella AB (publ) 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
Catella AB (publ) stock price ended at kr28.20 on Friday, after losing 0%.
(Updated on Jun 28, 2024)
No changes to the price of Catella AB (publ) stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at kr28.20 to a day high of kr28.20. The price has fallen in 4 of the last 10 days and is down by -11.88% for this period.
The stock lies in the middle of a very 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 5.77% during the next 3 months and, with a 90% probability hold a price between kr27.58 and kr35.31 at the end of this 3-month period.
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CAT-A.ST Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has fallen 0%. 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 Catella AB (publ) 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 kr29.37 and kr30.29. 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 fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Catella AB (publ) stock
Catella AB (publ) finds support from accumulated volume at kr28.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved kr0 between high and low, or 0%. For the last week the stock has had daily average volatility of 4.17%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CAT-A.ST) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Catella AB (publ) to open at kr28.20, and during the day (based on 14 day Average True Range), to move between kr26.84 and kr29.56, which gives a possible trading interval of +/-kr1.36 (+/-4.83%) up or down from last closing price. If Catella AB (publ) takes out the full calculated possible swing range there will be an estimated 9.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at kr28.00 (0.71%) than the resistance at kr30.00 (6.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Catella AB (publ) stock A Buy?
The Catella AB (publ) stock holds several negative signals and despite the positive trend, we believe Catella AB (publ) will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.192 Sell Candidate Unchanged
Predicted Opening Price for Catella AB (publ) of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
kr28.20 ( 0%) | kr28.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CAT-A.ST
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 28.20 | - |
R2 | 28.20 | - |
R1 | 28.20 | - |
Price | 28.20 | |
S1 | 28.20 | - |
S2 | 28.20 | - |
S3 | 28.20 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 30.80 | 9.22% |
R2 | 30.20 | 7.09% |
R1 | 30.00 | 6.38% |
Price | 28.20 | |
S1 | 28.00 | -0.709% |
S2 | 27.20 | -3.55% |
S3 | 25.00 | -11.35% |
CAT-A Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 23, 2024 | May 23, 2024 | May 29, 2024 | kr0.90 | 2.88% |
2 | May 11, 2023 | May 11, 2023 | May 11, 2023 | kr1.20 | 3.97% |
3 | May 25, 2022 | May 25, 2022 | May 25, 2022 | kr1.00 | 2.69% |
4 | May 26, 2021 | May 26, 2021 | May 26, 2021 | kr0.90 | 3.04% |
5 | May 28, 2019 | May 28, 2019 | May 28, 2019 | kr1.20 | 4.11% |
FAQ
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