FRIWO 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
Red day on Friday for FRIWO AG
(Updated on May 17, 2024)
The FRIWO AG stock price fell by -0.88% on the last day (Friday, 17th May 2024) from 22.60€ to 22.40€. During the last trading day the stock fluctuated 0% from a day low at 22.40€ to a day high of 22.40€. The price has been going up and down for this period, and there has been a -0.88% 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 -11.59% during the next 3 months and, with a 90% probability hold a price between 17.00€ and 26.42€ at the end of this 3-month period.
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CEA.F Signals & Forecast
There are mixed signals in the stock today. 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 22.54€ and 25.53€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for FRIWO AG stock
FRIWO AG finds support from accumulated volume at 21.80€ 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, but be aware of low or falling volume as this increases the 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 0%.
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 20th
For the upcoming trading day on Monday, 20th we expect FRIWO AG to open at 22.40€, and during the day (based on 14 day Average True Range), to move between 21.93€ and 22.87€, which gives a possible trading interval of +/-0.468€ (+/-2.09%) up or down from last closing price. If FRIWO 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 22.60€ (0.89%) than the support at 21.80€ (2.68%), 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 FRIWO AG stock A Buy?
FRIWO AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.379 Sell Candidate Unchanged
Predicted Opening Price for FRIWO AG of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 22.40€ ( 0.00000000%) | 22.40€ |
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 | 22.40 | 0.00000000 % | |
| R2 | 22.40 | 0.00000000 % | ||
| R1 | 22.40 | 0.00000000 % | ||
| Current price: | 22.40 | |||
| Support | S1 | 22.40 | 0.00000000 % | |
| S2 | 22.40 | 0.00000000 % | ||
| S3 | 22.40 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.80 | 19.64 % | |
| R2 | 24.20 | 8.04 % | ||
| R1 | 22.60 | 0.89 % | ||
| Current price | 22.40 | |||
| Support | S1 | 21.80 | -2.68% | |
| S2 | 0 | . | ||
| 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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