SFC Energy AG Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
SFC Energy AG stock downgraded to Hold/Accumulate
(Updated on May 31, 2024)
The SFC Energy AG stock price fell by -3.19% on the last day (Friday, 31st May 2024) from 23.50€ to 22.75€. During the last trading day the stock fluctuated 3.99% from a day low at 22.55€ to a day high of 23.45€. The price has fallen in 6 of the last 10 days and is down by -8.08% for this period. Volume has increased on the last day by 37 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 65 thousand shares were bought and sold for approximately 1.49€ million.
The stock lies in the middle of a wide and 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 38.15% during the next 3 months and, with a 90% probability hold a price between 29.50€ and 36.00€ at the end of this 3-month period.
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F3C.F Signals & Forecast
The SFC Energy AG 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 23.77€. On a fall, the stock will find some support from the long-term average at approximately 21.02€. 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. 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. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -9.00%. Further fall is indicated until a new bottom pivot has been found. SFC Energy AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for SFC Energy AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 18.70€ and 17.98€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, SFC Energy AG finds support just below today's level at 18.70€. If this is broken, then the next support from accumulated volume will be at 17.98€ and 17.44€.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 0.90€ between high and low, or 3.99%. For the last week, the stock has had daily average volatility of 4.02%.
Our recommended stop-loss: 21.67€ (-4.76%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 41 days ago.)
Trading Expectations (F3C.F) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect SFC Energy AG to open at 22.92€, and during the day (based on 14 day Average True Range), to move between 21.90€ and 23.60€, which gives a possible trading interval of +/-0.85€ (+/-3.75%) up or down from last closing price. If SFC Energy AG takes out the full calculated possible swing range there will be an estimated 7.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 22.80€ (0.22%) than the support at 18.70€ (17.80%), 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 SFC Energy AG stock A Buy?
SFC Energy AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.914 Hold/Accumulate Downgraded
Predicted Opening Price for SFC Energy AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 22.92€ ( 0.733%) | 22.75€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for F3C.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 23.82 | 4.69 % | |
| R2 | 23.47 | 3.18 % | ||
| R1 | 23.26 | 2.24 % | ||
| Current price: | 22.75 | |||
| Support | S1 | 22.57 | -0.779 % | |
| S2 | 22.36 | -1.71 % | ||
| S3 | 22.02 | -3.22 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 24.75 | 8.79 % | |
| R2 | 24.15 | 6.15 % | ||
| R1 | 22.80 | 0.220 % | ||
| Current price | 22.75 | |||
| Support | S1 | 18.70 | -17.80% | |
| S2 | 17.98 | -20.97% | ||
| S3 | 17.44 | -23.34% |
FAQ
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