Huber+Suhner AG Stock Forecast
Huber+Suhner AG stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on Apr 26, 2024)
The Huber+Suhner AG stock price gained 2.74% on the last trading day (Friday, 26th Apr 2024), rising from 73.10 Fr to 75.10 Fr. During the last trading day the stock fluctuated 2.87% from a day low at 73.20 Fr to a day high of 75.30 Fr. The price has risen in 6 of the last 10 days and is up by 3.87% 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, 15 thousand more shares were traded than the day before. In total, 29 thousand shares were bought and sold for approximately 2.18 Fr million.
The stock lies in the middle of a wide and strong 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 23.36% during the next 3 months and, with a 90% probability hold a price between 88.98 Fr and 99.79 Fr at the end of this 3-month period.
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HUBN.SW Signals & Forecast
The Huber+Suhner AG 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 72.97 Fr and 73.14 Fr. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -1.44%. 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).
Support, Risk & Stop-loss for Huber+Suhner AG stock
Huber+Suhner AG finds support from accumulated volume at 72.90 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 2.10 Fr (2.87%) between high and low. For the last week, the stock has had daily average volatility of 2.62%.
Our recommended stop-loss: 72.13 Fr (-3.95%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)
Trading Expectations (HUBN.SW) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Huber+Suhner AG to open at 74.53 Fr, and during the day (based on 14 day Average True Range), to move between 73.43 Fr and 76.77 Fr, which gives a possible trading interval of +/-1.67 Fr (+/-2.23%) up or down from last closing price. If Huber+Suhner AG takes out the full calculated possible swing range there will be an estimated 4.45% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 75.50 Fr (0.53%) than the support at 72.90 Fr (2.93%), 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 Huber+Suhner AG 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 Huber+Suhner AG stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.799 Buy Candidate Upgraded
Predicted Opening Price for Huber+Suhner AG of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 74.53 Fr ( 0.755%) | 75.10 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HUBN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 76.63 | 2.04 % | |
| R2 | 75.83 | 0.97 % | ||
| R1 | 75.34 | 0.314 % | ||
| Current price: | 75.10 | |||
| Support | S1 | 73.73 | -1.82 % | |
| S2 | 73.24 | -2.48 % | ||
| S3 | 72.43 | -3.55 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 76.20 | 1.46 % | |
| R2 | 75.60 | 0.666 % | ||
| R1 | 75.50 | 0.533 % | ||
| Current price | 75.10 | |||
| Support | S1 | 72.90 | -2.93% | |
| S2 | 72.80 | -3.06% | ||
| S3 | 70.60 | -5.99% |
HUBN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 02, 2024 | Apr 02, 2024 | Apr 04, 2024 | 1.70 Fr | 2.30% |
| 2 | Mar 31, 2023 | Mar 31, 2023 | Apr 04, 2023 | 2.10 Fr | 2.72% |
| 3 | Apr 08, 2022 | Apr 08, 2022 | Apr 12, 2022 | 2.00 Fr | 2.31% |
| 4 | Apr 06, 2021 | Apr 06, 2021 | Apr 06, 2021 | 1.30 Fr | 1.76% |
| 5 | Mar 10, 2020 | Apr 03, 2020 | Apr 07, 2020 | 1.60 Fr | 2.67% |
FAQ
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