Deutsche Grundstücksauktionen AG Stock Forecast
Deutsche Grundstücksauktionen AG stock price up 0.549% on Friday
(Updated on May 31, 2024)
The Deutsche Grundstücksauktionen AG stock price gained 0.549% on the last trading day (Friday, 31st May 2024), rising from 9.10€ to 9.15€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.19% from a day low at 9.15€ to a day high of 9.35€. The price has risen in 6 of the last 10 days and is up by 7.02% 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, 603 more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately 18.62€ thousand.
Given the current short-term trend, the stock is expected to fall -23.77% during the next 3 months and, with a 90% probability hold a price between 5.46€ and 6.98€ 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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DGR.DE Signals & Forecast
The Deutsche Grundstücksauktionen AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 8.74€ and 8.85€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 07, 2024, and so far it has risen 14.38%. 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). Deutsche Grundstücksauktionen 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Deutsche Grundstücksauktionen AG stock
Deutsche Grundstücksauktionen AG finds support from accumulated volume at 8.90€ 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 0.200€ between high and low, or 2.19%. For the last week, the stock has had daily average volatility of 1.35%.
Our recommended stop-loss: 8.82€ (-3.58%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 65 days ago.)
Trading Expectations (DGR.DE) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Deutsche Grundstücksauktionen AG to open at 9.22€, and during the day (based on 14 day Average True Range), to move between 8.94€ and 9.36€, which gives a possible trading interval of +/-0.208€ (+/-2.27%) up or down from last closing price. If Deutsche Grundstücksauktionen AG takes out the full calculated possible swing range there will be an estimated 4.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 8.90€ (2.73%) than the resistance at 9.55€ (4.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Deutsche Grundstücksauktionen AG stock A Buy?
Deutsche Grundstücksauktionen AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Deutsche Grundstücksauktionen AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 9.22€ ( 0.729%) | 9.15€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DGR.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.42 | 2.91 % | |
| R2 | 9.34 | 2.08 % | ||
| R1 | 9.29 | 1.56 % | ||
| Current price: | 9.15 | |||
| Support | S1 | 9.14 | -0.106 % | |
| S2 | 9.09 | -0.622 % | ||
| S3 | 9.02 | -1.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.40 | 13.66 % | |
| R2 | 10.00 | 9.29 % | ||
| R1 | 9.55 | 4.37 % | ||
| Current price | 9.15 | |||
| Support | S1 | 8.90 | -2.73% | |
| S2 | 8.75 | -4.37% | ||
| S3 | 8.55 | -6.56% |
DGR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2023 | Jun 28, 2023 | Jun 28, 2023 | 0.600€ | 4.17% |
| 2 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | 1.50€ | 7.14% |
| 3 | Jun 28, 2021 | Jun 28, 2021 | Jun 28, 2021 | 1.35€ | 5.63% |
| 4 | Apr 22, 2020 | Jun 29, 2020 | Jul 01, 2020 | 0.150€ | 1.40% |
| 5 | Apr 17, 2019 | Jun 25, 2019 | Jun 27, 2019 | 1.00€ | 5.99% |
FAQ
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