GAM Holding AG Stock Forecast
Red day on Friday for GAM Holding AG
(Updated on May 17, 2024)
No changes to the price of GAM Holding AG stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 4.87% from a day low at 0.267 Fr to a day high of 0.280 Fr. The price has fallen in 5 of the last 10 days but is still up by 2.69% over the past 2 weeks.
The stock lies the upper part of a very wide and falling 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 0.278 Fr will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -25.94% during the next 3 months and, with a 90% probability hold a price between 0.149 Fr and 0.206 Fr at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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GAM.SW Signals & Forecast
The GAM Holding 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 0.273 Fr. On a fall, the stock will find some support from the long-term average at approximately 0.262 Fr. 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. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 15.09%. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for GAM Holding AG stock
GAM Holding AG finds support from accumulated volume at 0.260 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.0130 Fr between high and low, or 4.87%. For the last week, the stock has had daily average volatility of 6.00%.
Our recommended stop-loss: 0.252 Fr (-5.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)
Trading Expectations (GAM.SW) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect GAM Holding AG to open at 0.271 Fr, and during the day (based on 14 day Average True Range), to move between 0.248 Fr and 0.286 Fr, which gives a possible trading interval of +/-0.0195 Fr (+/-7.30%) up or down from last closing price. If GAM Holding AG takes out the full calculated possible swing range there will be an estimated 14.60% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 0.274 Fr (2.62%) than the support at 0.260 Fr (2.62%), 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 GAM Holding AG stock A Buy?
GAM Holding 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.
Current score: -0.295 Hold/Accumulate Unchanged
Predicted Opening Price for GAM Holding AG of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| 0.271 Fr ( 1.62%) | 0.267 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GAM.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.284 | 6.49 % | |
| R2 | 0.279 | 4.63 % | ||
| R1 | 0.276 | 3.48 % | ||
| Current price: | 0.267 | |||
| Support | S1 | 0.266 | -0.237 % | |
| S2 | 0.263 | -1.39 % | ||
| S3 | 0.258 | -3.25 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.290 | 8.61 % | |
| R2 | 0.280 | 4.87 % | ||
| R1 | 0.274 | 2.62 % | ||
| Current price | 0.267 | |||
| Support | S1 | 0.260 | -2.62% | |
| S2 | 0.256 | -4.12% | ||
| S3 | 0.255 | -4.49% |
GAM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 01, 2018 | Apr 30, 2018 | May 03, 2018 | 0.650 Fr | 4.12% |
| 2 | Mar 07, 2016 | Apr 29, 2016 | May 03, 2016 | 0.650 Fr | 5.33% |
| 3 | Mar 04, 2015 | May 05, 2015 | May 07, 2015 | 0.650 Fr | 3.22% |
| 4 | Mar 04, 2014 | Apr 17, 2014 | Apr 24, 2014 | 0.650 Fr | 4.10% |
| 5 | Mar 05, 2013 | Apr 19, 2013 | Apr 24, 2013 | 0.500 Fr | 3.13% |
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