Kamux Oyj Stock Forecast
Green day on Friday for Kamux Oyj stock after gaining 0.94%
(Updated on May 03, 2024)
The Kamux Oyj stock price gained 0.94% on the last trading day (Friday, 3rd May 2024), rising from 5.31€ to 5.36€. During the last trading day the stock fluctuated 1.70% from a day low at 5.28€ to a day high of 5.37€. The price has fallen in 5 of the last 10 days and is down by -2.01% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 39 thousand more shares were traded than the day before. In total, 69 thousand shares were bought and sold for approximately 369.31€ thousand.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 5.32€ 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 8.44% during the next 3 months and, with a 90% probability hold a price between 5.77€ and 6.64€ at the end of this 3-month period.
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KAMUX.HE Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 1.90%. Further rise is indicated until a new top pivot has been found. Kamux Oyj 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kamux Oyj stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 5.40€ and 5.60€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Kamux Oyj stock
Kamux Oyj finds support from accumulated volume at 5.29€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.0900€ between high and low, or 1.70%. For the last week, the stock has had daily average volatility of 2.50%.
Our recommended stop-loss: 5.04€ (-5.92%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (KAMUX.HE) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Kamux Oyj to open at 5.34€, and during the day (based on 14 day Average True Range), to move between 5.22€ and 5.50€, which gives a possible trading interval of +/-0.136€ (+/-2.54%) up or down from last closing price. If Kamux Oyj takes out the full calculated possible swing range there will be an estimated 5.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 5.40€ (0.65%) than the support at 5.29€ (1.31%), 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 Kamux Oyj stock A Buy?
Kamux Oyj holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.632 Hold/Accumulate Unchanged
Predicted Opening Price for Kamux Oyj of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 5.34€ ( 0.435%) | 5.36€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KAMUX.HE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.43 | 1.24 % | |
| R2 | 5.39 | 0.602 % | ||
| R1 | 5.37 | 0.206 % | ||
| Current price: | 5.36 | |||
| Support | S1 | 5.30 | -1.08 % | |
| S2 | 5.28 | -1.47 % | ||
| S3 | 5.25 | -2.11 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.97 | 11.38 % | |
| R2 | 5.84 | 8.96 % | ||
| R1 | 5.40 | 0.653 % | ||
| Current price | 5.36 | |||
| Support | S1 | 5.29 | -1.31% | |
| S2 | 5.29 | -1.40% | ||
| S3 | 5.20 | -2.99% |
KAMUX Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Oct 23, 2024 | Oct 23, 2024 | Oct 31, 2024 | 0.100€ | 1.86% |
| 2 | Apr 19, 2024 | Apr 19, 2024 | Apr 29, 2024 | 0.0700€ | 1.28% |
| 3 | Apr 21, 2023 | Apr 21, 2023 | Apr 21, 2023 | 0.0500€ | 0.94% |
| 4 | Oct 20, 2022 | Oct 20, 2022 | Oct 20, 2022 | 0.120€ | 2.45% |
| 5 | Apr 21, 2022 | Apr 21, 2022 | Apr 21, 2022 | 0.0800€ | 0.750% |
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