Heidelberger Druckmaschinen 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
Green day on Friday for Heidelberger Druckmaschinen
(Updated on Jun 14, 2024)
The Heidelberger Druckmaschinen stock price gained 1.82% on the last trading day (Friday, 14th Jun 2024), rising from 1.32€ to 1.34€. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.75% from a day low at 1.30€ to a day high of 1.37€. The price has risen in 6 of the last 10 days and is up by 15.46% over the past 2 weeks. Volume fell on the last day by -490 thousand shares and in total, 2 million shares were bought and sold for approximately 2.45€ million. 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.
Given the current short-term trend, the stock is expected to rise 22.25% during the next 3 months and, with a 90% probability hold a price between 1.21€ and 1.64€ at the end of this 3-month period.
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HDD.DE Signals & Forecast
The Heidelberger Druckmaschinen 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 1.23€ and 1.09€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 57.38%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Heidelberger Druckmaschinen stock
On the downside, the stock finds support just below today's level from accumulated volume at 1.18€ and 1.16€. 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, Heidelberger Druckmaschinen finds support just below today's level at 1.18€. If this is broken, then the next support from accumulated volume will be at 1.16€ and 1.12€.
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 0.0620€ between high and low, or 4.75%. For the last week, the stock has had daily average volatility of 5.04%.
Our recommended stop-loss: 1.30€ (-3.00%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 75 days ago.)
Trading Expectations (HDD.DE) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Heidelberger Druckmaschinen Aktiengesellschaft to open at 1.34€, and during the day (based on 14 day Average True Range), to move between 1.29€ and 1.39€, which gives a possible trading interval of +/-0.0499€ (+/-3.71%) up or down from last closing price. If Heidelberger Druckmaschinen Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 7.42% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 1.18€, some 0.160€ (11.90%) from the current price of 1.34€, our system finds the risk reward attractive.
Is Heidelberger Druckmaschinen Aktiengesellschaft stock A Buy?
Heidelberger Druckmaschinen holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Current score: 6.500 Strong Buy Candidate Unchanged
Predicted Opening Price for Heidelberger Druckmaschinen Aktiengesellschaft of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 1.34€ ( 0.446%) | 1.34€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HDD.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.40 | 4.17% |
| R2 | 1.38 | 2.40% |
| R1 | 1.36 | 1.32% |
| Price | 1.34 | |
| S1 | 1.31 | -2.21% |
| S2 | 1.30 | -3.30% |
| S3 | 1.28 | -5.06% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 1.34 | |
| S1 | 1.18 | -11.90% |
| S2 | 1.16 | -13.39% |
| S3 | 1.12 | -16.37% |
HDD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 07, 2008 | Jul 21, 2008 | Jul 21, 2008 | 0.599€ | 8.45% |
| 2 | Jun 13, 2007 | Jul 27, 2007 | Jul 27, 2007 | 0.599€ | 2.72% |
| 3 | Jun 07, 2006 | Jul 21, 2006 | Jul 21, 2006 | 0.410€ | 2.04% |
| 4 | Jun 07, 2005 | Jul 21, 2005 | Jul 21, 2005 | 0.189€ | 1.12% |
| 5 | Jul 03, 2002 | Sep 12, 2002 | Sep 12, 2002 | 0.88€ | 4.56% |
FAQ
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