Koninklijke KPN N.V. 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
Koninklijke KPN N.V. stock upgraded to Hold/Accumulate.
(Updated on Apr 30, 2024)
The Koninklijke KPN N.V. stock price fell by -2.41% on the last day (Tuesday, 30th Apr 2024) from $3.65 to $3.56. During the last trading day the stock fluctuated 3.65% from a day low at $3.56 to a day high of $3.69. The price has risen in 6 of the last 10 days and is up by 0.85% over the past 2 weeks. Volume has increased on the last day by 3 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, 116 thousand shares were bought and sold for approximately $411.68 thousand.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $3.53 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 3.87% during the next 3 months and, with a 90% probability hold a price between $3.66 and $3.91 at the end of this 3-month period.
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KKPNY Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 1.42%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Koninklijke KPN N.V. 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 $3.60 and $3.63. 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). Koninklijke KPN N.V. 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". The stock had a Golden Star Signal on Tuesday, January 09, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, January 09, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Koninklijke KPN N.V. stock
Koninklijke KPN N.V. finds support from accumulated volume at $3.49 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 $0.130 between high and low, or 3.65%. For the last week the stock has had daily average volatility of 2.01%.
Our recommended stop-loss: $3.39 (-4.87%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (KKPNY) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Koninklijke KPN N.V. to open at $3.60, and during the day (based on 14 day Average True Range), to move between $3.49 and $3.63, which gives a possible trading interval of +/-$0.0716 (+/-2.01%) up or down from last closing price. If Koninklijke KPN N.V. takes out the full calculated possible swing range there will be an estimated 4.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $3.62 (1.69%) than the support at $3.49 (1.97%), 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 Koninklijke KPN N.V. stock A Buy?
Koninklijke KPN N.V. 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: -0.033 Hold/Accumulate Upgraded
Predicted Opening Price for Koninklijke KPN N.V. of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $3.60 ( 1.22%) | $3.56 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KKPNY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.73 | 4.87 % | |
| R2 | 3.68 | 3.47 % | ||
| R1 | 3.65 | 2.61 % | ||
| Current price: | 3.56 | |||
| Support | S1 | 3.55 | -0.178 % | |
| S2 | 3.52 | -1.04 % | ||
| S3 | 3.47 | -2.43 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.69 | 3.65 % | |
| R2 | 3.66 | 2.81 % | ||
| R1 | 3.62 | 1.69 % | ||
| Current price | 3.56 | |||
| Support | S1 | 3.49 | -1.97% | |
| S2 | 3.46 | -2.81% | ||
| S3 | 3.35 | -5.90% |
KKPNY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 19, 2024 | Apr 19, 2024 | May 02, 2024 | $0.0847 | 2.38% |
| 2 | Jul 25, 2023 | Aug 04, 2023 | Aug 09, 2023 | $0.0570 | 1.61% |
| 3 | Jul 13, 2023 | Apr 14, 2023 | Apr 26, 2023 | $0.103 | 2.85% |
| 4 | Aug 02, 2022 | Aug 09, 2022 | Aug 12, 2022 | $0.0490 | 1.54% |
| 5 | Apr 14, 2022 | Apr 19, 2022 | Apr 29, 2022 | $0.102 | 2.96% |
FAQ
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