HBM Healthcare Investments AG Stock Forecast
HBM Healthcare Investments AG stock price ended at 207.00 Fr on Tuesday, after losing 0.96%.
(Updated on Jun 25, 2024)
The HBM Healthcare Investments AG stock price fell by -0.96% on the last day (Tuesday, 25th Jun 2024) from 209.00 Fr to 207.00 Fr. During the last trading day the stock fluctuated 1.70% from a day low at 205.50 Fr to a day high of 209.00 Fr. The price has fallen in 6 of the last 10 days and is down by -1.19% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -158 shares and in total, 2 thousand shares were bought and sold for approximately 463.68 Fr thousand.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.36% during the next 3 months and, with a 90% probability hold a price between 228.90 Fr and 244.91 Fr at the end of this 3-month period.
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HBMN.SW Signals & Forecast
The HBM Healthcare Investments 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 209.14 Fr. On a fall, the stock will find some support from the long-term average at approximately 204.34 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. 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 Monday, June 17, 2024, and so far it has fallen -3.04%. 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). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for HBM Healthcare Investments AG stock
HBM Healthcare Investments AG finds support from accumulated volume at 206.00 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 3.50 Fr between high and low, or 1.70%. For the last week the stock has had daily average volatility of 2.19%
Our recommended stop-loss: 197.80 Fr (-4.45%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)
Trading Expectations (HBMN.SW) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect HBM Healthcare Investments AG to open at 207.17 Fr, and during the day (based on 14 day Average True Range), to move between 202.28 Fr and 211.72 Fr, which gives a possible trading interval of +/-4.72 Fr (+/-2.28%) up or down from last closing price. If HBM Healthcare Investments AG takes out the full calculated possible swing range there will be an estimated 4.56% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 207.50 Fr (0.24%) than the support at 206.00 Fr (0.48%), 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 HBM Healthcare Investments AG stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for HBM Healthcare Investments AG stock to perform well in the short-term.
Current score: 2.602 Buy Candidate Unchanged
Predicted Opening Price for HBM Healthcare Investments AG of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 207.17 Fr ( 0.0805%) | 207.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HBMN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 210.67 | 1.77% |
| R2 | 209.33 | 1.13% |
| R1 | 208.50 | 0.726% |
| Price | 207.00 | |
| S1 | 205.83 | -0.565% |
| S2 | 205.00 | -0.96% |
| S3 | 203.67 | -1.61% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 208.50 | 0.725% |
| R2 | 208.00 | 0.483% |
| R1 | 207.50 | 0.242% |
| Price | 207.00 | |
| S1 | 206.00 | -0.483% |
| S2 | 198.00 | -4.35% |
| S3 | 194.00 | -6.28% |
HBMN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 07, 2024 | Aug 07, 2024 | Aug 07, 2024 | 0 Fr | 0% |
| 2 | Aug 03, 2023 | Aug 03, 2023 | Aug 03, 2023 | 7.50 Fr | 3.75% |
| 3 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | 9.70 Fr | 3.77% |
| 4 | Sep 07, 2021 | Sep 07, 2021 | Sep 07, 2021 | 12.50 Fr | 3.49% |
| 5 | May 26, 2020 | Sep 08, 2020 | Sep 10, 2020 | 7.70 Fr | 2.88% |
FAQ
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