Deutsche Beteiligungs AG Stock Forecast

Deutsche Beteiligungs AG stock price ended at 27.25€ on Friday, after losing 1.62%.
(Updated on May 17, 2024)

DBAN.F Signals & Forecast

A sell signal was issued from a pivot top point on Wednesday, May 08, 2024, and so far it has fallen -4.22%. 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). Deutsche Beteiligungs AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". Some positive signals were issued as well, and these may have some influence on the near short-term development. The Deutsche Beteiligungs AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 27.98€. On a fall, the stock will find some support from the long-term average at approximately 27.15€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for Deutsche Beteiligungs AG stock

On the downside, the stock finds support just below today's level from accumulated volume at 25.40€ and 25.35€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Deutsche Beteiligungs AG finds support just below today's level at 25.40€. If this is broken, then the next support from accumulated volume will be at 25.35€ and 25.15€.

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 2.78%. For the last week the stock has had daily average volatility of 2.10%.

Our recommended stop-loss: 26.14€ (-4.08%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (DBAN.F) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Deutsche Beteiligungs AG to open at 27.30€, and during the day (based on 14 day Average True Range), to move between 26.70€ and 27.80€, which gives a possible trading interval of +/-0.549€ (+/-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 4.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 27.65€ (1.47%) than the support at 25.40€ (6.79%), 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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.040 Buy Candidate Unchanged

Predicted Opening Price for Deutsche Beteiligungs AG of Monday, May 20, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.