HELLA GmbH & Co. KGaA Stock Forecast
HELLA GmbH & Co. KGaA stock price up 1.44% on Thursday
(Updated on May 16, 2024)
The HELLA GmbH & Co. KGaA stock price gained 1.44% on the last trading day (Thursday, 16th May 2024), rising from 83.50€ to 84.70€. During the last trading day the stock fluctuated 1.68% from a day low at 83.30€ to a day high of 84.70€. The price has risen in 6 of the last 10 days and is up by 2.29% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 9 thousand shares were bought and sold for approximately 780.51€ thousand.
The stock lies in the middle of a weak 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 2.58% during the next 3 months and, with a 90% probability hold a price between 84.34€ and 90.21€ at the end of this 3-month period.
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HLE.F Signals & Forecast
Mostly positive signals in the chart today. The HELLA GmbH & Co. KGaA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 83.50€ and 83.62€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 4.05%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). HELLA GmbH & Co. KGaA has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. The stock had a Golden Star Signal on Tuesday, May 14, 2024 in the short-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
The stock had a Golden Star Signal on Tuesday, May 14, 2024 in the short-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 HELLA GmbH & Co. KGaA stock
HELLA GmbH & Co. KGaA finds support from accumulated volume at 83.60€ 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 1.40€ between high and low, or 1.68%. For the last week the stock has had daily average volatility of 1.08%.
Our recommended stop-loss: 79.96€ (-5.60%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 22 days ago.)
Trading Expectations (HLE.F) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect HELLA GmbH & Co. KGaA to open at 84.23€, and during the day (based on 14 day Average True Range), to move between 83.53€ and 85.87€, which gives a possible trading interval of +/-1.17€ (+/-1.39%) up or down from last closing price. If HELLA GmbH & Co. KGaA takes out the full calculated possible swing range there will be an estimated 2.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 85.00€ (0.35%) than the support at 83.60€ (1.30%), 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 HELLA GmbH & Co. KGaA 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 HELLA GmbH & Co. KGaA stock to perform well in the short-term.
Current score: 2.795 Buy Candidate Unchanged
Predicted Opening Price for HELLA GmbH & Co. KGaA of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| 84.23€ ( 0.551%) | 84.70€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HLE.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 85.63 | 1.10 % | |
| R2 | 85.10 | 0.471 % | ||
| R1 | 84.77 | 0.0804 % | ||
| Current price: | 84.70 | |||
| Support | S1 | 83.70 | -1.18 % | |
| S2 | 83.37 | -1.57 % | ||
| S3 | 82.83 | -2.20 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 86.40 | 2.01 % | |
| R2 | 86.00 | 1.53 % | ||
| R1 | 85.00 | 0.354 % | ||
| Current price | 84.70 | |||
| Support | S1 | 83.60 | -1.30% | |
| S2 | 81.10 | -4.25% | ||
| S3 | 81.00 | -4.37% |
HLE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | Apr 29, 2024 | 0€ | 0% |
| 2 | May 02, 2023 | May 02, 2023 | May 02, 2023 | 2.61€ | 0% |
| 3 | Oct 03, 2022 | Oct 03, 2022 | Oct 03, 2022 | 0.490€ | 0% |
| 4 | Oct 01, 2021 | Oct 01, 2021 | Oct 01, 2021 | 0.96€ | 0% |
| 5 | Jul 26, 2019 | Sep 30, 2019 | Oct 02, 2019 | 2.30€ | 0% |
FAQ
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