GEA Group Aktiengesellschaft 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
GEA Group Aktiengesellschaft stock price up 1.16% on Friday
(Updated on May 24, 2024)
The GEA Group Aktiengesellschaft stock price gained 1.16% on the last trading day (Friday, 24th May 2024), rising from 37.80€ to 38.24€. During the last trading day the stock fluctuated 1.75% from a day low at 37.62€ to a day high of 38.28€. The price has fallen in 6 of the last 10 days and is down by -0.31% for this period. Volume fell on the last day by -11 thousand shares and in total, 181 thousand shares were bought and sold for approximately 6.92€ 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 is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect GEA Group Aktiengesellschaft stock with a 90% probability to be traded between 36.11€ and 39.16€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
G1A.F Signals & Forecast
The GEA Group Aktiengesellschaft 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 37.80€ and 37.64€. 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). 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. 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 Wednesday, May 08, 2024, and so far it has fallen -0.365%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for GEA Group Aktiengesellschaft stock
GEA Group Aktiengesellschaft finds support from accumulated volume at 38.13€ 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 0.660€ between high and low, or 1.75%. For the last week the stock has had daily average volatility of 1.74%.
Our recommended stop-loss: 36.99€ (-3.26%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (G1A.F) For The Upcoming Trading Day Of Monday 27th
For the upcoming trading day on Monday, 27th we expect GEA Group Aktiengesellschaft to open at 38.05€, and during the day (based on 14 day Average True Range), to move between 37.59€ and 38.89€, which gives a possible trading interval of +/-0.654€ (+/-1.71%) up or down from last closing price. If GEA Group Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 3.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 38.13€ (0.29%) than the resistance at 38.36€ (0.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is GEA Group Aktiengesellschaft stock A Buy?
GEA Group Aktiengesellschaft 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.
Current score: 0.055 Hold/Accumulate Unchanged
Predicted Opening Price for GEA Group Aktiengesellschaft of Monday, May 27, 2024
| Fair opening price May 27, 2024 | Current price |
|---|---|
| 38.05€ ( 0.506%) | 38.24€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for G1A.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.71 | 1.22 % | |
| R2 | 38.45 | 0.561 % | ||
| R1 | 38.30 | 0.154 % | ||
| Current price: | 38.24 | |||
| Support | S1 | 37.79 | -1.16 % | |
| S2 | 37.64 | -1.57 % | ||
| S3 | 37.39 | -2.23 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 39.67 | 3.74 % | |
| R2 | 38.46 | 0.575 % | ||
| R1 | 38.36 | 0.314 % | ||
| Current price | 38.24 | |||
| Support | S1 | 38.13 | -0.288% | |
| S2 | 37.27 | -2.54% | ||
| S3 | 37.12 | -2.93% |
G1A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 06, 2024 | 1.00€ | 0% |
| 2 | Apr 28, 2023 | Apr 28, 2023 | Apr 28, 2023 | 0.95€ | 0% |
| 3 | Apr 29, 2022 | Apr 29, 2022 | Apr 29, 2022 | 0.90€ | 0% |
| 4 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 0.85€ | 0% |
| 5 | Nov 27, 2020 | Nov 27, 2020 | Nov 27, 2020 | 0.430€ | 0% |
FAQ
Click here for our free guide on how to buy GEA Group Aktiengesellschaft Stock.
