Graubündner Kantonalbank Stock Forecast
Graubündner Kantonalbank stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 17, 2024)
The Graubündner Kantonalbank stock price gained 0.562% on the last trading day (Friday, 17th May 2024), rising from 1,780.00 Fr to 1,790.00 Fr. During the last trading day the stock fluctuated 1.13% from a day low at 1,770.00 Fr to a day high of 1,790.00 Fr. The price has fallen in 5 of the last 10 days and is down by -0.28% for this period. Volume fell on the last day by -25 shares and in total, 83 shares were bought and sold for approximately 148.57 Fr thousand. 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 stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 1,792.61 Fr will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Graubündner Kantonalbank stock with a 90% probability to be traded between 1,682.48 Fr and 1,778.38 Fr 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. 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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GRKP.SW Signals & Forecast
The Graubündner Kantonalbank 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 1,780.00 Fr and 1,767.86 Fr. 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). 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 Thursday, May 02, 2024, and so far it has fallen -0.279%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Wednesday, November 22, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, November 22, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Graubündner Kantonalbank stock
Graubündner Kantonalbank finds support from accumulated volume at 1,785.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 20.00 Fr between high and low, or 1.13%. For the last week the stock has had daily average volatility of 1.31%
Our recommended stop-loss: 1,732.80 Fr (-3.20%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)
Trading Expectations (GRKP.SW) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Graubündner Kantonalbank to open at 1,783.33 Fr, and during the day (based on 14 day Average True Range), to move between 1,766.87 Fr and 1,813.13 Fr, which gives a possible trading interval of +/-23.13 Fr (+/-1.29%) up or down from last closing price. If Graubündner Kantonalbank takes out the full calculated possible swing range there will be an estimated 2.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1,795.00 Fr (0.28%) than the support at 1,785.00 Fr (0.28%), 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 Graubündner Kantonalbank stock A Buy?
Graubündner Kantonalbank 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.490 Hold/Accumulate Upgraded
Predicted Opening Price for Graubündner Kantonalbank of Tuesday, May 21, 2024
Fair opening price May 21, 2024 | Current price |
---|---|
1,783.33 Fr ( 0.372%) | 1,790.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GRKP.SW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,803.33 | 0.745 % | |
R2 | 1,795.69 | 0.318 % | ||
R1 | 1,790.97 | 0.0544 % | ||
Current price: | 1,790.00 | |||
Support | S1 | 1,775.69 | -0.799 % | |
S2 | 1,770.97 | -1.06 % | ||
S3 | 1,763.33 | -1.49 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,810.00 | 1.12 % | |
R2 | 1,800.00 | 0.559 % | ||
R1 | 1,795.00 | 0.279 % | ||
Current price | 1,790.00 | |||
Support | S1 | 1,785.00 | -0.279% | |
S2 | 1,780.00 | -0.559% | ||
S3 | 1,760.00 | -1.68% |
GRKP Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 08, 2024 | Mar 08, 2024 | Mar 12, 2024 | 47.50 Fr | 2.71% |
2 | Mar 10, 2023 | Mar 10, 2023 | Mar 14, 2023 | 42.50 Fr | 2.46% |
3 | Mar 04, 2022 | Mar 04, 2022 | Mar 04, 2022 | 42.50 Fr | 2.62% |
4 | Mar 04, 2021 | Mar 04, 2021 | Mar 04, 2021 | 40.00 Fr | 2.70% |
5 | Feb 07, 2020 | Mar 06, 2020 | Mar 10, 2020 | 6.00 Fr | 0.401% |
FAQ
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