Einhell Germany AG Stock Forecast
Green day on Tuesday for Einhell Germany AG stock after gaining 0.122%
(Updated on May 21, 2024)
The Einhell Germany AG stock price gained 0.122% on the last trading day (Tuesday, 21st May 2024), rising from 163.80€ to 164.00€. During the last trading day the stock fluctuated 1.10% from a day low at 163.20€ to a day high of 165.00€. The price has fallen in 6 of the last 10 days but is still up by 2.5% 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, 971 more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately 172.53€ thousand.
The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 165.50€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 9.94% during the next 3 months and, with a 90% probability hold a price between 170.90€ and 181.95€ at the end of this 3-month period.
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EIN3.DE Signals & Forecast
The Einhell Germany AG 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 161.69€ and 158.95€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Einhell Germany 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. Higher liquidity also reduces the general risk. 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 Friday, May 17, 2024, and so far it has fallen -0.606%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Einhell Germany AG stock
Einhell Germany AG finds support from accumulated volume at 156.00€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 1.80€ (1.10%) between high and low. For the last week, the stock has had daily average volatility of 2.18%.
Our recommended stop-loss: 157.34€ (-4.06%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (EIN3.DE) For The Upcoming Trading Day Of Wednesday 22nd
For the upcoming trading day on Wednesday, 22nd we expect Einhell Germany AG to open at 164.07€, and during the day (based on 14 day Average True Range), to move between 160.40€ and 167.60€, which gives a possible trading interval of +/-3.60€ (+/-2.19%) up or down from last closing price. If Einhell Germany AG takes out the full calculated possible swing range there will be an estimated 4.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 165.00€ (0.61%) than the support at 156.00€ (4.88%), 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 Einhell Germany AG 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 Einhell Germany AG stock to perform well in the short-term.
Current score: 4.082 Buy Candidate Unchanged
Predicted Opening Price for Einhell Germany AG of Wednesday, May 22, 2024
| Fair opening price May 22, 2024 | Current price |
|---|---|
| 164.07€ ( 0.0407%) | 164.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EIN3.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 165.87 | 1.14 % | |
| R2 | 165.18 | 0.719 % | ||
| R1 | 164.75 | 0.460 % | ||
| Current price: | 164.00 | |||
| Support | S1 | 163.38 | -0.379 % | |
| S2 | 162.95 | -0.638 % | ||
| S3 | 162.27 | -1.06 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 165.00 | 0.610 % | ||
| Current price | 164.00 | |||
| Support | S1 | 156.00 | -4.88% | |
| S2 | 153.00 | -6.71% | ||
| S3 | 148.60 | -9.39% |
EIN3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2024 | Jul 01, 2024 | Jul 03, 2024 | 2.90€ | 1.77% |
| 2 | Jun 26, 2023 | Jun 26, 2023 | Jun 26, 2023 | 2.90€ | 2.03% |
| 3 | Jun 27, 2022 | Jun 27, 2022 | Jun 27, 2022 | 2.60€ | 1.65% |
| 4 | Jun 21, 2021 | Jun 21, 2021 | Jun 21, 2021 | 2.20€ | 1.39% |
| 5 | Mar 09, 2020 | Jun 22, 2020 | Jun 24, 2020 | 1.40€ | 1.93% |
FAQ
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