Henkel AG & Co. KGaA Stock Forecast
Evaluation of Henkel AG & Co. KGaA stock downgraded after the last trading session.
(Updated on Jun 28, 2024)
The Henkel AG & Co. KGaA stock price fell by -0.573% on the last day (Friday, 28th Jun 2024) from 83.70€ to 83.22€. During the last trading day the stock fluctuated 1.89% from a day low at 82.38€ to a day high of 83.94€. The price has fallen in 5 of the last 10 days but is still up by 0.19% over the past 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 896 thousand shares were bought and sold for approximately 74.55€ million.
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 83.06€ 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 19.74% during the next 3 months and, with a 90% probability hold a price between 99.45€ and 105.18€ at the end of this 3-month period.
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HEN3.DE Signals & Forecast
There are few to no technical positive signals at the moment. The Henkel AG & Co. KGaA stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 83.42€. On a fall, the stock will find some support from the short-term average at 82.93€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -2.14%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Henkel AG & Co. KGaA stock
Henkel AG & Co. KGaA finds support from accumulated volume at 83.12€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.56€ between high and low, or 1.89%. For the last week the stock has had daily average volatility of 1.62%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HEN3.DE) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Henkel AG & Co. KGaA to open at 83.18€, and during the day (based on 14 day Average True Range), to move between 82.02€ and 84.42€, which gives a possible trading interval of +/-1.20€ (+/-1.44%) up or down from last closing price. If Henkel AG & Co. KGaA takes out the full calculated possible swing range there will be an estimated 2.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 83.12€ (0.12%) than the resistance at 83.36€ (0.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Henkel AG & Co. KGaA stock A Buy?
The Henkel AG & Co. KGaA stock holds several negative signals and despite the positive trend, we believe Henkel AG & Co. KGaA will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. 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 Sell candidate.
Current score: -4.517 Sell Candidate Downgraded
Predicted Opening Price for Henkel AG & Co. KGaA of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 83.18€ ( 0.0481%) | 83.22€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HEN3.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 84.74 | 1.83% |
| R2 | 84.14 | 1.11% |
| R1 | 83.78 | 0.668% |
| Price | 83.22 | |
| S1 | 82.58 | -0.764% |
| S2 | 82.22 | -1.21% |
| S3 | 81.62 | -1.92% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 84.54 | 1.59% |
| R2 | 83.70 | 0.577% |
| R1 | 83.36 | 0.168% |
| Price | 83.22 | |
| S1 | 83.12 | -0.120% |
| S2 | 81.98 | -1.49% |
| S3 | 79.34 | -4.66% |
HEN3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | Apr 23, 2024 | Apr 25, 2024 | 1.85€ | 2.55% |
| 2 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | 1.85€ | 2.54% |
| 3 | Apr 05, 2022 | Apr 05, 2022 | Apr 05, 2022 | 1.85€ | 3.13% |
| 4 | Apr 19, 2021 | Apr 19, 2021 | Apr 19, 2021 | 1.85€ | 1.92% |
| 5 | Mar 05, 2020 | Jun 18, 2020 | Jun 22, 2020 | 1.85€ | 2.26% |
FAQ
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