dormakaba Holding AG Stock Forecast
Green day on Thursday for dormakaba Holding AG stock after gaining 0.546%
(Updated on Jun 27, 2024)
The dormakaba Holding AG stock price gained 0.546% on the last trading day (Thursday, 27th Jun 2024), rising from 457.50 Fr to 460.00 Fr. During the last trading day the stock fluctuated 0.98% from a day low at 457.00 Fr to a day high of 461.50 Fr. The price has fallen in 5 of the last 10 days and is down by -3.16% for this period. Volume fell on the last day by -2 thousand shares and in total, 2 thousand shares were bought and sold for approximately 928.74 Fr thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 457.32 Fr is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.09% during the next 3 months and, with a 90% probability hold a price between 447.75 Fr and 488.47 Fr at the end of this 3-month period.
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DOKA.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 0.546%. 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 dormakaba Holding AG 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 462.86 Fr and 480.43 Fr. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for dormakaba Holding AG stock
dormakaba Holding AG finds support from accumulated volume at 458.00 Fr 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved 4.50 Fr between high and low, or 0.98%. For the last week the stock has had daily average volatility of 2.12%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DOKA.SW) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect dormakaba Holding AG to open at 459.50 Fr, and during the day (based on 14 day Average True Range), to move between 450.90 Fr and 469.10 Fr, which gives a possible trading interval of +/-9.10 Fr (+/-1.98%) up or down from last closing price. If dormakaba Holding AG takes out the full calculated possible swing range there will be an estimated 3.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 458.00 Fr (0.43%) than the resistance at 470.50 Fr (2.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is dormakaba Holding AG stock A Buy?
dormakaba Holding AG holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.042 Sell Candidate Unchanged
Predicted Opening Price for dormakaba Holding AG of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| 459.50 Fr ( 0.109%) | 460.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DOKA.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 464.00 | 0.87% |
| R2 | 462.28 | 0.496% |
| R1 | 461.22 | 0.265% |
| Price | 460.00 | |
| S1 | 457.78 | -0.482% |
| S2 | 456.72 | -0.713% |
| S3 | 455.00 | -1.09% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 490.50 | 6.63% |
| R2 | 476.50 | 3.59% |
| R1 | 470.50 | 2.28% |
| Price | 460.00 | |
| S1 | 458.00 | -0.435% |
| S2 | 457.50 | -0.543% |
| S3 | 0 | - |
DOKA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Oct 09, 2023 | Oct 09, 2023 | Oct 11, 2023 | 9.50 Fr | 2.16% |
| 2 | Oct 13, 2022 | Oct 13, 2022 | Oct 17, 2022 | 11.50 Fr | 3.69% |
| 3 | Oct 14, 2021 | Oct 14, 2021 | Oct 14, 2021 | 12.50 Fr | 1.88% |
| 4 | Oct 22, 2020 | Oct 22, 2020 | Oct 22, 2020 | 10.50 Fr | 2.31% |
| 5 | Sep 12, 2019 | Oct 24, 2019 | Oct 28, 2019 | 16.00 Fr | 2.48% |
FAQ
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