HBM Healthcare Investments AG Stock Forecast
Green day on Friday for HBM Healthcare Investments AG
(Updated on Jun 28, 2024)
The HBM Healthcare Investments AG stock price gained 0.490% on the last trading day (Friday, 28th Jun 2024), rising from 204.00 Fr to 205.00 Fr. During the last trading day the stock fluctuated 2.46% from a day low at 203.50 Fr to a day high of 208.50 Fr. The price has fallen in 6 of the last 10 days and is down by -0.73% for this period. Volume fell on the last day by -4 thousand shares and in total, 2 thousand shares were bought and sold for approximately 462.89 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 stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 203.39 Fr is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 13.43% during the next 3 months and, with a 90% probability hold a price between 230.71 Fr and 246.56 Fr at the end of this 3-month period.
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HBMN.SW Signals & Forecast
There are few to no technical positive signals at the moment. The HBM Healthcare Investments AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 206.79 Fr and 205.13 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen -3.98%. 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 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.
Support, Risk & Stop-loss for HBM Healthcare Investments AG stock
HBM Healthcare Investments AG finds support from accumulated volume at 198.00 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 5.00 Fr between high and low, or 2.46%. For the last week the stock has had daily average volatility of 3.15%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HBMN.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect HBM Healthcare Investments AG to open at 205.67 Fr, and during the day (based on 14 day Average True Range), to move between 199.59 Fr and 210.41 Fr, which gives a possible trading interval of +/-5.41 Fr (+/-2.64%) 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 5.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 205.50 Fr (0.24%) than the support at 198.00 Fr (3.41%), 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?
The HBM Healthcare Investments AG stock holds several negative signals and despite the positive trend, we believe HBM Healthcare Investments AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.651 Sell Candidate Unchanged
Predicted Opening Price for HBM Healthcare Investments AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 205.67 Fr ( 0.325%) | 205.00 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 | 2.76% |
| R2 | 208.76 | 1.83% |
| R1 | 207.58 | 1.26% |
| Price | 205.00 | |
| S1 | 203.76 | -0.607% |
| S2 | 202.58 | -1.18% |
| S3 | 200.67 | -2.11% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 207.50 | 1.22% |
| R2 | 206.00 | 0.488% |
| R1 | 205.50 | 0.244% |
| Price | 205.00 | |
| S1 | 198.00 | -3.41% |
| S2 | 194.00 | -5.37% |
| S3 | 188.00 | -8.29% |
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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