DWS Group GmbH & Co. KGaA Stock Forecast
Stronger technical forecast for DWS Group GmbH & Co. KGaA stock price after Friday trading.
(Updated on Apr 26, 2024)
The DWS Group GmbH & Co. KGaA stock price gained 2.96% on the last trading day (Friday, 26th Apr 2024), rising from 39.14€ to 40.30€. During the last trading day the stock fluctuated 1.75% from a day low at 39.96€ to a day high of 40.66€. The price has risen in 6 of the last 10 days but is still down by -0.59% for this period. Volume fell on the last day by -153 thousand shares and in total, 123 thousand shares were bought and sold for approximately 4.97€ million. 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 middle of a strong 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 16.07% during the next 3 months and, with a 90% probability hold a price between 45.54€ and 48.28€ at the end of this 3-month period.
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DWS.F Signals & Forecast
A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -2.47%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The DWS Group GmbH & Co. KGaA 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 40.34€. On a fall, the stock will find some support from the long-term average at approximately 40.03€. 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. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for DWS Group GmbH & Co. KGaA stock
DWS Group GmbH & Co. KGaA finds support from accumulated volume at 39.14€ 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.700€ between high and low, or 1.75%. For the last week the stock has had daily average volatility of 2.51%.
Our recommended stop-loss: 38.50€ (-4.46%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (DWS.F) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect DWS Group GmbH & Co. KGaA to open at 40.31€, and during the day (based on 14 day Average True Range), to move between 39.39€ and 41.21€, which gives a possible trading interval of +/-0.91€ (+/-2.26%) up or down from last closing price. If DWS Group GmbH & Co. KGaA takes out the full calculated possible swing range there will be an estimated 4.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 40.40€ (0.25%) than the support at 39.14€ (2.88%), 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 DWS Group GmbH & Co. KGaA 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 4.056 Buy Candidate Upgraded
Predicted Opening Price for DWS Group GmbH & Co. KGaA of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 40.31€ ( 0.0165%) | 40.30€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DWS.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 41.01 | 1.75 % | |
| R2 | 40.74 | 1.09 % | ||
| R1 | 40.57 | 0.680 % | ||
| Current price: | 40.30 | |||
| Support | S1 | 40.04 | -0.647 % | |
| S2 | 39.87 | -1.06 % | ||
| S3 | 39.61 | -1.72 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.90 | 1.49 % | |
| R2 | 40.70 | 0.99 % | ||
| R1 | 40.40 | 0.248 % | ||
| Current price | 40.30 | |||
| Support | S1 | 39.14 | -2.88% | |
| S2 | 35.72 | -11.36% | ||
| S3 | 35.50 | -11.91% |
DWS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 07, 2024 | Jun 07, 2024 | Jun 11, 2024 | 6.10€ | 0% |
| 2 | Jun 16, 2023 | Jun 16, 2023 | Jun 16, 2023 | 2.05€ | 0% |
| 3 | Jun 10, 2022 | Jun 10, 2022 | Jun 10, 2022 | 2.00€ | 0% |
| 4 | Jun 10, 2021 | Jun 10, 2021 | Jun 10, 2021 | 1.81€ | 0% |
| 5 | Nov 19, 2020 | Nov 19, 2020 | Nov 19, 2020 | 1.67€ | 0% |
FAQ
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