Dätwyler Holding AG Stock Forecast
Dätwyler Holding AG stock upgraded from Strong Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 28, 2024)
The Dätwyler Holding AG stock price gained 0.476% on the last trading day (Friday, 28th Jun 2024), rising from 168.00 Fr to 168.80 Fr. During the last trading day the stock fluctuated 2.51% from a day low at 167.00 Fr to a day high of 171.20 Fr. The price has fallen in 6 of the last 10 days and is down by -9.15% for this period. Volume fell on the last day by -5 thousand shares and in total, 16 thousand shares were bought and sold for approximately 2.72 Fr million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 168.09 Fr is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.63% during the next 3 months and, with a 90% probability hold a price between 172.51 Fr and 210.52 Fr at the end of this 3-month period.
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DAE.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 0.476%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Dätwyler Holding 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 172.86 Fr and 187.44 Fr. 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).
Support, Risk & Stop-loss for Dätwyler Holding AG stock
Dätwyler Holding AG finds support from accumulated volume at 168.60 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 4.20 Fr between high and low, or 2.51%. For the last week, the stock has had daily average volatility of 3.86%.
Dätwyler Holding AG is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: 158.66 Fr (-6.00%) (This stock has medium daily movements and this gives medium risk. Low RSI14 is 20 which reduces the risk some. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (DAE.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Dätwyler Holding AG to open at 169.00 Fr, and during the day (based on 14 day Average True Range), to move between 163.23 Fr and 174.37 Fr, which gives a possible trading interval of +/-5.57 Fr (+/-3.30%) up or down from last closing price. If Dätwyler Holding AG takes out the full calculated possible swing range there will be an estimated 6.60% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 168.60 Fr (0.12%) than the resistance at 185.80 Fr (10.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Dätwyler Holding AG stock A Buy?
Dätwyler Holding AG holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Hold/Accumulate candidate.
Current score: 0.274 Hold/Accumulate Upgraded
Predicted Opening Price for Dätwyler Holding AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 169.00 Fr ( 0.118%) | 168.80 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DAE.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 173.20 | 2.61% |
| R2 | 171.60 | 1.66% |
| R1 | 170.60 | 1.07% |
| Price | 168.80 | |
| S1 | 167.40 | -0.83% |
| S2 | 166.40 | -1.42% |
| S3 | 164.80 | -2.37% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 192.20 | 13.86% |
| R2 | 191.00 | 13.15% |
| R1 | 185.80 | 10.07% |
| Price | 168.80 | |
| S1 | 168.60 | -0.118% |
| S2 | 168.20 | -0.355% |
| S3 | 168.00 | -0.474% |
DAE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 18, 2024 | Mar 18, 2024 | Mar 20, 2024 | 3.20 Fr | 1.77% |
| 2 | Mar 09, 2023 | Mar 09, 2023 | Mar 13, 2023 | 3.20 Fr | 1.83% |
| 3 | Mar 18, 2022 | Mar 18, 2022 | Mar 18, 2022 | 4.20 Fr | 1.30% |
| 4 | Mar 11, 2021 | Mar 11, 2021 | Mar 11, 2021 | 3.20 Fr | 1.12% |
| 5 | Feb 06, 2020 | Mar 13, 2020 | Mar 17, 2020 | 3.00 Fr | 2.18% |
FAQ
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