COLTENE Holding AG Stock Forecast
COLTENE Holding AG stock price down 0% on Monday
(Updated on May 06, 2024)
No changes to the price of COLTENE Holding AG stock on the last trading day (Monday, 6th May 2024). During the last trading day the stock fluctuated 0% from a day low at 52.80 Fr to a day high of 52.80 Fr. The price has risen in 6 of the last 10 days and is up by 1.54% over the past 2 weeks.
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 -11.06% during the next 3 months and, with a 90% probability hold a price between 44.21 Fr and 49.63 Fr at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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CLTN.SW Signals & Forecast
There are mixed signals in the stock today. The COLTENE Holding AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 55.13 Fr. On a fall, the stock will find some support from the short-term average at 51.77 Fr. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 COLTENE Holding AG stock
COLTENE Holding AG finds support from accumulated volume at 52.20 Fr 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 0 Fr between high and low, or 0%. For the last week the stock has had daily average volatility of 2.35%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CLTN.SW) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect COLTENE Holding AG to open at 52.80 Fr, and during the day (based on 14 day Average True Range), to move between 51.34 Fr and 54.26 Fr, which gives a possible trading interval of +/-1.46 Fr (+/-2.77%) up or down from last closing price. If COLTENE Holding AG takes out the full calculated possible swing range there will be an estimated 5.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 52.20 Fr (1.14%) than the resistance at 57.00 Fr (7.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is COLTENE Holding AG stock A Buy?
COLTENE Holding 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: -3.961 Sell Candidate Unchanged
Predicted Opening Price for COLTENE Holding AG of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| 52.80 Fr ( 0.00000000%) | 52.80 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CLTN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 52.80 | 0.00000000 % | |
| R2 | 52.80 | 0.00000000 % | ||
| R1 | 52.80 | 0.00000000 % | ||
| Current price: | 52.80 | |||
| Support | S1 | 52.80 | 0.00000000 % | |
| S2 | 52.80 | 0.00000000 % | ||
| S3 | 52.80 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 58.80 | 11.36 % | |
| R2 | 58.00 | 9.85 % | ||
| R1 | 57.00 | 7.95 % | ||
| Current price | 52.80 | |||
| Support | S1 | 52.20 | -1.14% | |
| S2 | 52.00 | -1.52% | ||
| S3 | 51.20 | -3.03% |
CLTN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 19, 2024 | Apr 19, 2024 | Apr 24, 2024 | 2.00 Fr | 3.91% |
| 2 | Apr 21, 2023 | Apr 21, 2023 | Apr 25, 2023 | 3.30 Fr | 4.41% |
| 3 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | 3.30 Fr | 3.42% |
| 4 | Apr 06, 2021 | Apr 06, 2021 | Apr 06, 2021 | 3.00 Fr | 2.43% |
| 5 | Mar 05, 2020 | Apr 06, 2020 | Apr 08, 2020 | 1.50 Fr | 2.38% |
FAQ
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