Gabetti Property Solutions S.p.A. 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=7593)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=7593)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=7593)
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
Volatile ride for Gabetti Property Solutions S.p.A. stock price on Thursday moving between 0.490€ and 0.564€
(Updated on Jun 20, 2024)
The Gabetti Property Solutions S.p.A. stock price fell by -4.73% on the last day (Thursday, 20th Jun 2024) from 0.550€ to 0.524€. During the last trading day the stock fluctuated 15.10% from a day low at 0.490€ to a day high of 0.564€. The price has fallen in 8 of the last 10 days and is down by -18.63% for this period. Volume has increased on the last day by 359 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, 536 thousand shares were bought and sold for approximately 280.91€ thousand.
Given the current short-term trend, the stock is expected to fall -9.26% during the next 3 months and, with a 90% probability hold a price between 0.475€ and 0.654€ at the end of this 3-month period.
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GAB.MI Signals & Forecast
There are few to no technical positive signals at the moment. The Gabetti Property Solutions S.p.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 0.580€ and 0.648€. 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 -30.87%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Gabetti Property Solutions S.p.A. 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 Gabetti Property Solutions S.p.A. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.0740€ between high and low, or 15.10%. For the last week, the stock has had daily average volatility of 7.64%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (GAB.MI) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Gabetti Property Solutions S.p.A. to open at 0.526€, and during the day (based on 14 day Average True Range), to move between 0.493€ and 0.555€, which gives a possible trading interval of +/-0.0309€ (+/-5.90%) up or down from last closing price. If Gabetti Property Solutions S.p.A. takes out the full calculated possible swing range there will be an estimated 11.79% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 0.550€, some 0.0260€ (4.96%) from the current price of 0.524€, our system finds the risk reward not very attractive.
Is Gabetti Property Solutions S.p.A. stock A Buy?
Gabetti Property Solutions S.p.A. holds several negative signals and is within a very wide and falling trend, so we believe 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 Sell to a Strong Sell candidate.
Current score: -7.579 Strong Sell Candidate Downgraded
Predicted Opening Price for Gabetti Property Solutions S.p.A. of Friday, June 21, 2024
Fair opening price June 21, 2024 | Current price |
---|---|
0.526€ ( 0.382%) | 0.524€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GAB.MI
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.600 | 14.50% |
R2 | 0.572 | 9.11% |
R1 | 0.554 | 5.78% |
Price | 0.524 | |
S1 | 0.498 | -5.01% |
S2 | 0.480 | -8.35% |
S3 | 0.452 | -13.74% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.644 | 22.90% |
R2 | 0.590 | 12.60% |
R1 | 0.550 | 4.96% |
Price | 0.524 | |
S1 | 0 | - |
S2 | 0 | - |
S3 | 0 | - |
GAB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 15, 2006 | May 15, 2006 | May 15, 2006 | 1.98€ | 1.93% |
2 | May 16, 2005 | May 16, 2005 | May 16, 2005 | 1.70€ | 1.78% |
3 | May 17, 2004 | May 17, 2004 | May 17, 2004 | 1.13€ | 2.13% |
4 | May 19, 2003 | May 19, 2003 | May 19, 2003 | 1.98€ | 3.99% |
5 | May 20, 2002 | May 20, 2002 | May 20, 2002 | 1.41€ | 1.92% |
FAQ
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