EnBW Energie Baden-Württemberg AG Stock Forecast
EnBW Energie Baden-Württemberg AG stock price ended at 68.60€ on Tuesday, after losing 0%.
(Updated on May 14, 2024)
No changes to the price of EnBW Energie Baden-Württemberg AG stock on the last trading day (Tuesday, 14th May 2024). During the last trading day the stock fluctuated 0% from a day low at 68.60€ to a day high of 68.60€. The price has risen in 6 of the last 10 days and is up by 3.31% over the past 2 weeks.
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 7.64% during the next 3 months and, with a 90% probability hold a price between 69.49€ and 84.92€ at the end of this 3-month period.
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EBK.F Signals & Forecast
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 EnBW Energie Baden-Württemberg AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 71.26€ and 70.71€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 08, 2024, and so far it has fallen -6.03%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for EnBW Energie Baden-Württemberg AG stock
EnBW Energie Baden-Württemberg AG finds support from accumulated volume at 66.20€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 1.80%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EBK.F) For The Upcoming Trading Day Of Wednesday 15th
For the upcoming trading day on Wednesday, 15th we expect EnBW Energie Baden-Württemberg AG to open at 68.60€, and during the day (based on 14 day Average True Range), to move between 66.39€ and 70.81€, which gives a possible trading interval of +/-2.21€ (+/-3.22%) up or down from last closing price. If EnBW Energie Baden-Württemberg AG takes out the full calculated possible swing range there will be an estimated 6.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 70.00€ (2.04%) than the support at 66.20€ (3.50%), 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 EnBW Energie Baden-Württemberg AG stock A Buy?
The EnBW Energie Baden-Württemberg AG stock holds several negative signals and despite the positive trend, we believe EnBW Energie Baden-Württemberg AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.328 Sell Candidate Unchanged
Predicted Opening Price for EnBW Energie Baden-Württemberg AG of Wednesday, May 15, 2024
| Fair opening price May 15, 2024 | Current price |
|---|---|
| 68.60€ ( 0%) | 68.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EBK.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 68.60 | . | |
| R2 | 68.60 | . | ||
| R1 | 68.60 | . | ||
| Current price: | 68.60 | |||
| Support | S1 | 68.60 | . | |
| S2 | 68.60 | . | ||
| S3 | 68.60 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 73.00 | 6.41 % | |
| R2 | 72.60 | 5.83 % | ||
| R1 | 70.00 | 2.04 % | ||
| Current price | 68.60 | |||
| Support | S1 | 66.20 | -3.50% | |
| S2 | 61.20 | -10.79% | ||
| S3 | 61.00 | -11.08% |
EBK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 08, 2024 | May 10, 2024 | 1.50€ | 0% |
| 2 | May 04, 2023 | May 04, 2023 | May 04, 2023 | 1.10€ | 0% |
| 3 | May 06, 2022 | May 06, 2022 | May 06, 2022 | 1.10€ | 0% |
| 4 | May 06, 2021 | May 06, 2021 | May 06, 2021 | 1.00€ | 0% |
| 5 | Mar 26, 2020 | Jul 20, 2020 | Jul 22, 2020 | 0.350€ | 0% |
FAQ
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