Invisio AB (publ) 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
Invisio AB (publ) stock upgraded to Buy Candidate.
(Updated on Jun 20, 2024)
The Invisio AB (publ) stock price gained 2.89% on the last trading day (Thursday, 20th Jun 2024), rising from kr242.50 to kr249.50. During the last trading day the stock fluctuated 3.10% from a day low at kr242.00 to a day high of kr249.50. The price has fallen in 6 of the last 10 days and is down by -1.96% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 55 thousand shares were bought and sold for approximately kr13.62 million.
The stock lies in the middle of a wide and 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 3.21% during the next 3 months and, with a 90% probability hold a price between kr234.51 and kr275.35 at the end of this 3-month period.
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IVSO.ST Signals & Forecast
The Invisio AB (publ) 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 kr249.64. On a fall, the stock will find some support from the long-term average at approximately kr244.46. 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 Wednesday, June 19, 2024, and so far it has risen 2.89%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Invisio AB (publ) stock
On the downside, the stock finds support just below today's level from accumulated volume at kr235.00 and kr234.00. 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, Invisio AB (publ) finds support just below today's level at kr235.00. If this is broken, then the next support from accumulated volume will be at kr234.00 and kr230.00.
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 kr7.50 between high and low, or 3.10%. For the last week, the stock has had daily average volatility of 3.32%.
Our recommended stop-loss: kr235.84 (-5.48%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 13 days ago.)
Trading Expectations (IVSO.ST) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Invisio AB (publ) to open at kr247.00, and during the day (based on 14 day Average True Range), to move between kr240.33 and kr258.67, which gives a possible trading interval of +/-kr9.17 (+/-3.68%) up or down from last closing price. If Invisio AB (publ) takes out the full calculated possible swing range there will be an estimated 7.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr251.50 (0.80%) than the support at kr235.00 (5.81%), 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 Invisio AB (publ) 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 Invisio AB (publ) 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: 4.157 Buy Candidate Upgraded
Predicted Opening Price for Invisio AB (publ) of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| kr247.00 ( 1.00%) | kr249.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IVSO.ST
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 254.50 | 2.00% |
| R2 | 251.64 | 0.86% |
| R1 | 249.87 | 0.146% |
| Price | 249.50 | |
| S1 | 244.14 | -2.15% |
| S2 | 242.37 | -2.86% |
| S3 | 239.50 | -4.01% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 265.00 | 6.21% |
| R2 | 255.50 | 2.40% |
| R1 | 251.50 | 0.80% |
| Price | 249.50 | |
| S1 | 235.00 | -5.81% |
| S2 | 234.00 | -6.21% |
| S3 | 230.00 | -7.82% |
IVSO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 08, 2024 | May 15, 2024 | kr1.30 | 0.557% |
| 2 | May 05, 2023 | May 05, 2023 | May 05, 2023 | kr0.700 | 0.325% |
| 3 | May 05, 2022 | May 05, 2022 | May 05, 2022 | kr0.700 | 0.433% |
| 4 | Apr 29, 2021 | Apr 29, 2021 | Apr 29, 2021 | kr0.700 | 0.358% |
| 5 | May 06, 2020 | May 06, 2020 | May 06, 2020 | kr0.85 | 0.773% |
FAQ
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