Københavns Lufthavne A/S Stock Forecast
Red day on Wednesday for Københavns Lufthavne A/S
(Updated on May 08, 2024)
The Københavns Lufthavne A/S stock price fell by -0.411% on the last day (Wednesday, 8th May 2024) from kr4,870.00 to kr4,850.00. During the last trading day the stock fluctuated 6.47% from a day low at kr4,790.00 to a day high of kr5,100.00. The price has risen in 5 of the last 10 days but is still down by -0.21% for this period. Volume has increased on the last day by 90 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 138 shares were bought and sold for approximately kr669.30 thousand.
The stock lies in the middle of a 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 -14.72% during the next 3 months and, with a 90% probability hold a price between kr3,802.91 and kr4,253.10 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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KBHL.CO Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 4.08%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Københavns Lufthavne A/S 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 kr4,892.86 and kr5,026.29. A break-up above any of these levels will issue buy signals. Københavns Lufthavne A/S gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Københavns Lufthavne A/S stock
Københavns Lufthavne A/S finds support from accumulated volume at kr4,820.00 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 kr310.00 between high and low, or 6.47%. For the last week the stock has had daily average volatility of 3.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KBHL.CO) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Københavns Lufthavne A/S to open at kr4,913.33, and during the day (based on 14 day Average True Range), to move between kr4,693.80 and kr5,006.20, which gives a possible trading interval of +/-kr156.20 (+/-3.22%) up or down from last closing price. If Københavns Lufthavne A/S takes out the full calculated possible swing range there will be an estimated 6.44% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at kr4,820.00 (0.62%) than the resistance at kr5,440.00 (12.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Københavns Lufthavne A/S will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for Københavns Lufthavne A/S, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.27% in the first trading day after earnings release.
Is Københavns Lufthavne A/S stock A Buy?
Københavns Lufthavne A/S holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.974 Sell Candidate Unchanged
Predicted Opening Price for Københavns Lufthavne A/S of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| kr4,913.33 ( 1.31%) | kr4,850.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KBHL.CO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,223.33 | 7.70 % | |
| R2 | 5,104.91 | 5.26 % | ||
| R1 | 5,031.75 | 3.75 % | ||
| Current price: | 4,850.00 | |||
| Support | S1 | 4,794.91 | -1.14 % | |
| S2 | 4,721.75 | -2.64 % | ||
| S3 | 4,603.33 | -5.09 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,500.00 | 13.40 % | |
| R2 | 5,460.00 | 12.58 % | ||
| R1 | 5,440.00 | 12.16 % | ||
| Current price | 4,850.00 | |||
| Support | S1 | 4,820.00 | -0.619% | |
| S2 | 4,780.00 | -1.44% | ||
| S3 | 4,700.00 | -3.09% |
KBHL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 03, 2020 | Apr 03, 2020 | Apr 03, 2020 | kr30.28 | 0.596% |
| 2 | Aug 09, 2019 | Aug 09, 2019 | Aug 09, 2019 | kr30.28 | 0.520% |
| 3 | Aug 10, 2018 | Aug 10, 2018 | Aug 10, 2018 | kr54.43 | 0.95% |
| 4 | Apr 12, 2018 | Apr 12, 2018 | Apr 12, 2018 | kr100.10 | 1.82% |
| 5 | Aug 09, 2017 | Aug 09, 2017 | Aug 09, 2017 | kr63.70 | 1.20% |
FAQ
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