FRIWO AG Stock Forecast
Red day on Friday for FRIWO AG
(Updated on May 03, 2024)
No changes to the price of FRIWO AG stock on the last trading day (Friday, 3rd May 2024). During the last trading day the stock fluctuated 0% from a day low at 22.60€ to a day high of 22.60€. The price has been going up and down for this period, and there has been a -13.74% loss for the last 2 weeks.
The stock lies in the middle of a very 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 -9.54% during the next 3 months and, with a 90% probability hold a price between 18.28€ and 27.84€ at the end of this 3-month period.
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CEA.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has risen 0.89%. 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 FRIWO 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 22.97€ and 26.15€. 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 FRIWO AG stock
FRIWO AG finds support from accumulated volume at 22.40€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 1.84%.
FRIWO AG is oversold on RSI14 (6). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CEA.F) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect FRIWO AG to open at 22.60€, and during the day (based on 14 day Average True Range), to move between 21.69€ and 23.51€, which gives a possible trading interval of +/-0.91€ (+/-4.01%) up or down from last closing price. If FRIWO AG takes out the full calculated possible swing range there will be an estimated 8.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 22.40€ (0.88%) than the resistance at 23.00€ (1.77%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
FRIWO AG will release earnings BMO on Wednesday, May 08, 2024. We will update the financials statements for FRIWO AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 0% in the first trading day after earnings release.
Is FRIWO AG stock A Buy?
FRIWO AG holds several negative signals and is within a very 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: -3.737 Sell Candidate Unchanged
Predicted Opening Price for FRIWO AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 22.60€ ( 0.00000000%) | 22.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CEA.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 22.60 | 0.00000000 % | |
| R2 | 22.60 | 0.00000000 % | ||
| R1 | 22.60 | 0.00000000 % | ||
| Current price: | 22.60 | |||
| Support | S1 | 22.60 | 0.00000000 % | |
| S2 | 22.60 | 0.00000000 % | ||
| S3 | 22.60 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.80 | 18.58 % | |
| R2 | 24.20 | 7.08 % | ||
| R1 | 23.00 | 1.77 % | ||
| Current price | 22.60 | |||
| Support | S1 | 22.40 | -0.88% | |
| S2 | 21.80 | -3.54% | ||
| S3 | 0 | . |
CEA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 12, 2019 | May 08, 2019 | May 10, 2019 | 0.400€ | 0% |
| 2 | Mar 27, 2018 | May 16, 2018 | May 18, 2018 | 0.400€ | 0% |
| 3 | Feb 13, 2017 | May 12, 2017 | May 16, 2017 | 0.250€ | 0% |
| 4 | Mar 08, 2016 | May 12, 2016 | May 12, 2016 | 0.150€ | 0% |
| 5 | Feb 26, 2015 | May 06, 2015 | May 06, 2015 | 0.130€ | 0% |
FAQ
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