Kering SA 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
Kering SA stock upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Apr 30, 2024)
The Kering SA stock price fell by -1.68% on the last day (Tuesday, 30th Apr 2024) from 335.65€ to 330.00€. During the last trading day the stock fluctuated 2.91% from a day low at 328.55€ to a day high of 338.10€. The price has been going up and down for this period, and there has been a -3.03% loss for the last 2 weeks. Volume has increased on the last day by 109 thousand 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, 289 thousand shares were bought and sold for approximately 95.44€ million.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 320.43€ is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -19.40% during the next 3 months and, with a 90% probability hold a price between 258.27€ and 297.15€ 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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KER.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 1.18%. 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 Kering SA 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 336.22€ and 367.14€. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Kering SA stock
Kering SA finds support from accumulated volume at 327.30€ 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 9.55€ between high and low, or 2.91%. For the last week, the stock has had daily average volatility of 2.95%.
Our recommended stop-loss: 313.56€ (-4.98%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (KER.PA) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Kering SA to open at 332.22€, and during the day (based on 14 day Average True Range), to move between 319.34€ and 340.66€, which gives a possible trading interval of +/-10.66€ (+/-3.23%) up or down from last closing price. If Kering SA takes out the full calculated possible swing range there will be an estimated 6.46% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 327.30€ (0.82%) than the resistance at 358.05€ (8.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kering SA stock A Buy?
Kering SA 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.713 Hold/Accumulate Upgraded
Predicted Opening Price for Kering SA of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| 332.22€ ( 0.672%) | 330.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KER.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 341.77 | 3.57 % | |
| R2 | 338.12 | 2.46 % | ||
| R1 | 335.86 | 1.78 % | ||
| Current price: | 330.00 | |||
| Support | S1 | 328.57 | -0.434 % | |
| S2 | 326.31 | -1.12 % | ||
| S3 | 322.67 | -2.22 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 409.40 | 24.06 % | |
| R2 | 375.20 | 13.70 % | ||
| R1 | 358.05 | 8.50 % | ||
| Current price | 330.00 | |||
| Support | S1 | 327.30 | -0.82% | |
| S2 | 326.15 | -1.17% | ||
| S3 | 0 | . |
KER Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 06, 2024 | 9.50€ | 2.88% |
| 2 | Jan 15, 2024 | Jan 15, 2024 | Jan 15, 2024 | 0€ | 0% |
| 3 | May 02, 2023 | May 02, 2023 | May 02, 2023 | 9.50€ | 1.69% |
| 4 | Jan 16, 2023 | Jan 16, 2023 | Jan 16, 2023 | 4.50€ | 0.80% |
| 5 | May 03, 2022 | May 03, 2022 | May 03, 2022 | 8.50€ | 1.73% |
FAQ
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