GAM Holding 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
Weaker technical forecast for GAM Holding AG as stock downgraded to Hold/Accumulate.
(Updated on May 31, 2024)
No changes to the price of GAM Holding AG stock on the last trading day (Friday, 31st May 2024). During the last trading day the stock fluctuated 9.02% from a day low at 0.255 Fr to a day high of 0.278 Fr. The price has fallen in 5 of the last 10 days but is still up by 4.12% over the past 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.87% during the next 3 months and, with a 90% probability hold a price between 0.194 Fr and 0.286 Fr at the end of this 3-month period.
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GAM.SW Signals & Forecast
The GAM Holding AG 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 0.272 Fr and 0.264 Fr. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 19.83%. Further rise is indicated until a new top pivot has been found. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for GAM Holding AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 0.260 Fr and 0.256 Fr. 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, GAM Holding AG finds support just below today's level at 0.260 Fr. If this is broken, then the next support from accumulated volume will be at 0.256 Fr and 0.255 Fr.
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 0.0230 Fr between high and low, or 9.02%. For the last week, the stock has had daily average volatility of 5.48%.
Our recommended stop-loss: 0.267 Fr (-3.98%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 43 days ago.)
Trading Expectations (GAM.SW) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect GAM Holding AG to open at 0.270 Fr, and during the day (based on 14 day Average True Range), to move between 0.260 Fr and 0.296 Fr, which gives a possible trading interval of +/-0.0176 Fr (+/-6.32%) up or down from last closing price. If GAM Holding AG takes out the full calculated possible swing range there will be an estimated 12.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 0.280 Fr (0.72%) than the support at 0.260 Fr (6.47%), 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. 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: 0.350 Hold/Accumulate Downgraded
Predicted Opening Price for GAM Holding AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 0.270 Fr ( 2.76%) | 0.278 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 | 0.293 | 5.52 % | |
| R2 | 0.285 | 2.36 % | ||
| R1 | 0.279 | 0.403 % | ||
| Current price: | 0.278 | |||
| Support | S1 | 0.262 | -5.92 % | |
| S2 | 0.256 | -7.87 % | ||
| S3 | 0.247 | -11.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.290 | 4.32 % | |
| R2 | 0.285 | 2.52 % | ||
| R1 | 0.280 | 0.719 % | ||
| Current price | 0.278 | |||
| Support | S1 | 0.260 | -6.47% | |
| S2 | 0.256 | -7.91% | ||
| S3 | 0.255 | -8.27% |
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% |
FAQ
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