Dios Fastigheter AB (publ) Stock Forecast
Dios Fastigheter AB (publ) stock downgraded from Strong Buy Candidate to Buy Candidate after Wednesday trading session.
(Updated on Apr 24, 2024)
The Dios Fastigheter AB (publ) stock price fell by -2.39% on the last day (Wednesday, 24th Apr 2024) from kr85.80 to kr83.75. During the last trading day the stock fluctuated 3.35% from a day low at kr83.70 to a day high of kr86.50. The price has risen in 8 of the last 10 days and is up by 4.75% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -17 thousand shares and in total, 121 thousand shares were bought and sold for approximately kr10.14 million.
The stock lies in the middle of a wide and weak 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 8.98% during the next 3 months and, with a 90% probability hold a price between kr86.86 and kr95.91 at the end of this 3-month period.
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DIOS.ST Signals & Forecast
The Dios Fastigheter AB (publ) 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 kr83.14 and kr81.23. A breakdown below any of these levels will issue sell signals. 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 Tuesday, April 23, 2024, and so far it has fallen -2.39%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Dios Fastigheter AB (publ) stock
Dios Fastigheter AB (publ) finds support from accumulated volume at kr81.05 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 kr2.80 between high and low, or 3.35%. For the last week, the stock has had daily average volatility of 2.55%.
Our recommended stop-loss: kr79.62 (-4.93%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (DIOS.ST) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Dios Fastigheter AB (publ) to open at kr84.65, and during the day (based on 14 day Average True Range), to move between kr81.53 and kr85.97, which gives a possible trading interval of +/-kr2.22 (+/-2.65%) up or down from last closing price. If Dios Fastigheter AB (publ) takes out the full calculated possible swing range there will be an estimated 5.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr83.80 (0.06%) than the support at kr81.05 (3.22%), 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.
Earnings coming up
Dios Fastigheter AB (publ) will release earnings BMO on Friday, April 26, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.43. We will update the financials statements for Dios Fastigheter AB (publ), that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.98% in the first trading day after earnings release.
Is Dios Fastigheter AB (publ) 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 Dios Fastigheter AB (publ) stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.
Current score: 2.912 Buy Candidate Downgraded
Predicted Opening Price for Dios Fastigheter AB (publ) of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| kr84.65 ( 1.07%) | kr83.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DIOS.ST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 87.45 | 4.42 % | |
| R2 | 86.38 | 3.14 % | ||
| R1 | 85.72 | 2.35 % | ||
| Current price: | 83.75 | |||
| Support | S1 | 83.58 | -0.203 % | |
| S2 | 82.92 | -0.99 % | ||
| S3 | 81.85 | -2.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 86.00 | 2.69 % | |
| R2 | 85.50 | 2.09 % | ||
| R1 | 83.80 | 0.0597 % | ||
| Current price | 83.75 | |||
| Support | S1 | 81.05 | -3.22% | |
| S2 | 77.10 | -7.94% | ||
| S3 | 74.75 | -10.75% |
DIOS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 19, 2024 | Jan 19, 2024 | Jan 19, 2024 | kr0 | 0% |
| 2 | Jul 19, 2023 | Jul 19, 2023 | Jul 19, 2023 | kr0.500 | 0.730% |
| 3 | Apr 19, 2023 | Apr 19, 2023 | Apr 19, 2023 | kr0.500 | 0.669% |
| 4 | Jan 05, 2023 | Jan 05, 2023 | Jan 05, 2023 | kr0.88 | 1.13% |
| 5 | Oct 06, 2022 | Oct 06, 2022 | Oct 06, 2022 | kr0.88 | 1.28% |
FAQ
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