DEUTZ Aktiengesellschaft Stock Forecast
Red day on Friday for DEUTZ Aktiengesellschaft stock after losing 1.55%
(Updated on May 17, 2024)
The DEUTZ Aktiengesellschaft stock price fell by -1.55% on the last day (Friday, 17th May 2024) from 5.49€ to 5.40€. During the last trading day the stock fluctuated 1.58% from a day low at 5.38€ to a day high of 5.46€. The price has risen in 6 of the last 10 days and is up by 1.6% over the past 2 weeks. Volume has increased on the last day by 30 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 179 thousand shares were bought and sold for approximately 964.22€ thousand.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 5.28€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.65% during the next 3 months and, with a 90% probability hold a price between 5.08€ and 5.93€ at the end of this 3-month period.
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DEZ.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has risen 1.60%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The DEUTZ Aktiengesellschaft 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 5.44€ and 5.73€. A break-up above any of these levels will issue buy signals. DEUTZ Aktiengesellschaft 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".
Support, Risk & Stop-loss for DEUTZ Aktiengesellschaft stock
DEUTZ Aktiengesellschaft finds support from accumulated volume at 5.35€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.0850€ (1.58%) between high and low. For the last week, the stock has had daily average volatility of 1.86%.
Our recommended stop-loss: 5.14€ (-4.90%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (DEZ.DE) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect DEUTZ Aktiengesellschaft to open at 5.41€, and during the day (based on 14 day Average True Range), to move between 5.24€ and 5.56€, which gives a possible trading interval of +/-0.161€ (+/-2.97%) up or down from last closing price. If DEUTZ Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 5.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 5.35€ (0.93%) than the resistance at 5.57€ (3.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is DEUTZ Aktiengesellschaft stock A Buy?
DEUTZ Aktiengesellschaft 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.
Current score: 0.108 Hold/Accumulate Unchanged
Predicted Opening Price for DEUTZ Aktiengesellschaft of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
5.41€ ( 0.216%) | 5.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DEZ.DE
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 5.50 | 1.79 % | |
R2 | 5.46 | 1.19 % | ||
R1 | 5.44 | 0.82 % | ||
Current price: | 5.40 | |||
Support | S1 | 5.38 | -0.385 % | |
S2 | 5.36 | -0.757 % | ||
S3 | 5.33 | -1.36 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 6.04 | 11.76 % | |
R2 | 5.84 | 8.06 % | ||
R1 | 5.57 | 3.06 % | ||
Current price | 5.40 | |||
Support | S1 | 5.35 | -0.93% | |
S2 | 5.32 | -1.57% | ||
S3 | 5.22 | -3.43% |
DEZ Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 09, 2024 | May 09, 2024 | May 13, 2024 | 0.170€ | 3.15% |
2 | Apr 28, 2023 | Apr 28, 2023 | Apr 28, 2023 | 0.150€ | 2.50% |
3 | Apr 29, 2022 | Apr 29, 2022 | Apr 29, 2022 | 0.150€ | 3.52% |
4 | May 15, 2020 | May 15, 2020 | May 15, 2020 | 0.150€ | 4.26% |
5 | Mar 14, 2019 | May 02, 2019 | May 06, 2019 | 0.150€ | 1.74% |
FAQ
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