Flughafen Zürich AG Stock Forecast
Flughafen Zürich AG stock downgraded to Sell Candidate
(Updated on May 10, 2024)
The Flughafen Zürich AG stock price fell by -0.105% on the last day (Friday, 10th May 2024) from 189.90 Fr to 189.70 Fr. During the last trading day the stock fluctuated 1.00% from a day low at 189.70 Fr to a day high of 191.60 Fr. The price has risen in 6 of the last 10 days and is up by 0.9% over the past 2 weeks. Volume has increased on the last day by 11 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, 42 thousand shares were bought and sold for approximately 7.92 Fr million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 184.94 Fr is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.66% during the next 3 months and, with a 90% probability hold a price between 191.71 Fr and 218.17 Fr at the end of this 3-month period.
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FHZN.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 2.99%. 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 Flughafen Zürich AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 194.85 Fr. On a fall, the stock will find some support from the short-term average at 187.89 Fr. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Flughafen Zürich AG stock
Flughafen Zürich AG finds support from accumulated volume at 189.40 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.90 Fr between high and low, or 1.00%. For the last week the stock has had daily average volatility of 1.28%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FHZN.SW) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Flughafen Zürich AG to open at 190.33 Fr, and during the day (based on 14 day Average True Range), to move between 186.40 Fr and 193.00 Fr, which gives a possible trading interval of +/-3.30 Fr (+/-1.74%) up or down from last closing price. If Flughafen Zürich AG takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 189.40 Fr (0.16%) than the resistance at 190.00 Fr (0.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Flughafen Zürich AG stock A Buy?
Flughafen Zürich AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.842 Sell Candidate Downgraded
Predicted Opening Price for Flughafen Zürich AG of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 190.33 Fr ( 0.334%) | 189.70 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FHZN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 192.23 | 1.34 % | |
| R2 | 191.51 | 0.95 % | ||
| R1 | 191.06 | 0.716 % | ||
| Current price: | 189.70 | |||
| Support | S1 | 189.61 | -0.0487 % | |
| S2 | 189.16 | -0.285 % | ||
| S3 | 188.43 | -0.668 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 204.60 | 7.85 % | |
| R2 | 200.60 | 5.75 % | ||
| R1 | 190.00 | 0.158 % | ||
| Current price | 189.70 | |||
| Support | S1 | 189.40 | -0.158% | |
| S2 | 186.50 | -1.69% | ||
| S3 | 184.20 | -2.90% |
FHZN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 24, 2024 | Apr 24, 2024 | Apr 26, 2024 | 5.30 Fr | 2.82% |
| 2 | Apr 26, 2023 | Apr 26, 2023 | Apr 28, 2023 | 3.50 Fr | 2.04% |
| 3 | Mar 12, 2019 | Apr 29, 2019 | Apr 22, 2020 | 6.90 Fr | 6.14% |
| 4 | Mar 02, 2018 | Apr 23, 2018 | Apr 25, 2018 | 6.50 Fr | 3.16% |
| 5 | Mar 06, 2017 | Apr 24, 2017 | Apr 26, 2017 | 3.20 Fr | 1.48% |
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