Highlight Event and Entertainment AG 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
Highlight Event and Entertainment AG stock price ended at 8.40 Fr on Friday, after losing 0%.
(Updated on Jun 28, 2024)
No changes to the price of Highlight Event and Entertainment AG stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at 8.40 Fr to a day high of 8.40 Fr. The price has fallen in 4 of the last 10 days but is still up by 20% over the past 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.36% during the next 3 months and, with a 90% probability hold a price between 4.00 Fr and 8.56 Fr at the end of this 3-month period.
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HLEE.SW Signals & Forecast
Mostly positive signals in the chart today. The Highlight Event and Entertainment 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 8.56 Fr. On a fall, the stock will find some support from the long-term average at approximately 7.13 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. A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has fallen 0%. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Highlight Event and Entertainment AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 7.25 Fr and 7.00 Fr. 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, Highlight Event and Entertainment AG finds support just below today's level at 7.25 Fr. If this is broken, then the next support from accumulated volume will be at 7.00 Fr and 6.90 Fr.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved 0 Fr between high and low, or 0%. For the last week, the stock has had daily average volatility of 14.00%.
Our recommended stop-loss: 7.92 Fr (-5.68%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (HLEE.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Highlight Event and Entertainment AG to open at 8.40 Fr, and during the day (based on 14 day Average True Range), to move between 7.85 Fr and 8.95 Fr, which gives a possible trading interval of +/-0.549 Fr (+/-6.54%) up or down from last closing price. If Highlight Event and Entertainment AG takes out the full calculated possible swing range there will be an estimated 13.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 8.80 Fr (4.76%) than the support at 7.25 Fr (13.69%), 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 Highlight Event and Entertainment AG stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.596 Buy Candidate Unchanged
Predicted Opening Price for Highlight Event and Entertainment AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 8.40 Fr ( 0%) | 8.40 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HLEE.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 8.40 | - |
| R2 | 8.40 | - |
| R1 | 8.40 | - |
| Price | 8.40 | |
| S1 | 8.40 | - |
| S2 | 8.40 | - |
| S3 | 8.40 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.60 | 14.29% |
| R2 | 9.50 | 13.10% |
| R1 | 8.80 | 4.76% |
| Price | 8.40 | |
| S1 | 7.25 | -13.69% |
| S2 | 7.00 | -16.67% |
| S3 | 6.90 | -17.86% |
HLEE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 16, 2010 | May 17, 2010 | May 26, 2017 | 0.95 Fr | 5.86% |
| 2 | Mar 25, 2009 | May 12, 2009 | May 12, 2009 | 0.95 Fr | 5.00% |
| 3 | Apr 21, 2008 | Jun 02, 2008 | Jun 02, 2008 | 0.95 Fr | 3.83% |
| 4 | Apr 12, 2005 | May 09, 2005 | May 09, 2005 | 1.42 Fr | 4.62% |
| 5 | Apr 28, 2004 | May 28, 2004 | May 28, 2004 | 1.42 Fr | 4.42% |
FAQ
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