Deutsche Beteiligungs AG Stock Forecast
Green day on Friday for Deutsche Beteiligungs AG
(Updated on May 31, 2024)
The Deutsche Beteiligungs AG stock price gained 0.178% on the last trading day (Friday, 31st May 2024), rising from 28.05€ to 28.10€. During the last trading day the stock fluctuated 2.70% from a day low at 27.80€ to a day high of 28.55€. The price has risen in 5 of the last 10 days and is up by 3.12% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 16 thousand shares were bought and sold for approximately 452.86€ thousand.
The stock lies in the middle of a narrow and strong 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 15.44% during the next 3 months and, with a 90% probability hold a price between 32.11€ and 33.13€ at the end of this 3-month period.
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DBAN.DE Signals & Forecast
The Deutsche Beteiligungs AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 28.09€ and 27.74€. A breakdown below any of these levels will issue sell signals. Deutsche Beteiligungs AG has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 27, 2024, and so far it has fallen -1.23%. 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).
Support, Risk & Stop-loss for Deutsche Beteiligungs AG stock
Deutsche Beteiligungs AG finds support from accumulated volume at 27.85€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.750€ between high and low, or 2.70%. For the last week the stock has had daily average volatility of 2.34%.
Our recommended stop-loss: 26.97€ (-4.01%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (DBAN.DE) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Deutsche Beteiligungs AG to open at 28.15€, and during the day (based on 14 day Average True Range), to move between 27.53€ and 28.67€, which gives a possible trading interval of +/-0.568€ (+/-2.02%) up or down from last closing price. If Deutsche Beteiligungs AG takes out the full calculated possible swing range there will be an estimated 4.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 28.25€ (0.53%) than the support at 27.85€ (0.89%), 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 Deutsche Beteiligungs AG stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Deutsche Beteiligungs AG stock to perform well in the short-term.
Current score: 3.021 Buy Candidate Unchanged
Predicted Opening Price for Deutsche Beteiligungs AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 28.15€ ( 0.178%) | 28.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DBAN.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 28.90 | 2.85 % | |
| R2 | 28.61 | 1.83 % | ||
| R1 | 28.44 | 1.20 % | ||
| Current price: | 28.10 | |||
| Support | S1 | 27.86 | -0.84 % | |
| S2 | 27.69 | -1.47 % | ||
| S3 | 27.40 | -2.49 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 28.45 | 1.25 % | |
| R2 | 28.30 | 0.712 % | ||
| R1 | 28.25 | 0.534 % | ||
| Current price | 28.10 | |||
| Support | S1 | 27.85 | -0.89% | |
| S2 | 25.40 | -9.61% | ||
| S3 | 25.15 | -10.50% |
DBAN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 23, 2024 | Feb 23, 2024 | Feb 23, 2024 | 0€ | 0% |
| 2 | Mar 01, 2023 | Mar 01, 2023 | Mar 01, 2023 | 0.80€ | 2.68% |
| 3 | Feb 18, 2022 | Feb 18, 2022 | Feb 18, 2022 | 1.60€ | 4.55% |
| 4 | Feb 26, 2021 | Feb 26, 2021 | Feb 26, 2021 | 0.753€ | 2.03% |
| 5 | Dec 10, 2019 | Feb 21, 2020 | Feb 25, 2020 | 1.41€ | 3.98% |
FAQ
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