KRUK Spólka Akcyjna 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
KRUK Spólka Akcyjna stock upgraded to Hold/Accumulate.
(Updated on Jun 14, 2024)
The KRUK Spólka Akcyjna stock price gained 0.645% on the last trading day (Friday, 14th Jun 2024), rising from 434.20zł to 437.00zł. During the last trading day the stock fluctuated 3.38% from a day low at 432.20zł to a day high of 446.80zł. The price has been going up and down for this period, and there has been a -4.17% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 29 thousand shares were bought and sold for approximately 12.70zł million.
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 434.48zł 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 3.56% during the next 3 months and, with a 90% probability hold a price between 449.93zł and 503.15zł at the end of this 3-month period.
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KRU.WA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 0.645%. 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. The KRUK Spólka Akcyjna 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 441.51zł and 455.55zł. 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 KRUK Spólka Akcyjna stock
KRUK Spólka Akcyjna finds support from accumulated volume at 436.80zł 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 14.60zł between high and low, or 3.38%. For the last week, the stock has had daily average volatility of 3.67%.
Our recommended stop-loss: 410.22zł (-6.13%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 24 days ago.)
Trading Expectations (KRU.WA) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect KRUK Spólka Akcyjna to open at 438.67zł, and during the day (based on 14 day Average True Range), to move between 423.39zł and 450.61zł, which gives a possible trading interval of +/-13.61zł (+/-3.11%) up or down from last closing price. If KRUK Spólka Akcyjna takes out the full calculated possible swing range there will be an estimated 6.23% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 436.80zł (0.05%) than the resistance at 440.00zł (0.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KRUK Spólka Akcyjna stock A Buy?
KRUK Spólka Akcyjna 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: -0.026 Hold/Accumulate Upgraded
Predicted Opening Price for KRUK Spólka Akcyjna of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 438.67zł ( 0.381%) | 437.00zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KRU.WA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 453.27 | 3.72% |
| R2 | 447.69 | 2.45% |
| R1 | 444.24 | 1.66% |
| Price | 437.00 | |
| S1 | 433.09 | -0.89% |
| S2 | 429.64 | -1.68% |
| S3 | 424.07 | -2.96% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 454.40 | 3.98% |
| R2 | 441.40 | 1.01% |
| R1 | 440.00 | 0.686% |
| Price | 437.00 | |
| S1 | 436.80 | -0.0458% |
| S2 | 435.00 | -0.458% |
| S3 | 423.00 | -3.20% |
KRU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2024 | May 14, 2024 | May 20, 2024 | 18.00zł | 3.81% |
| 2 | Sep 06, 2023 | Sep 06, 2023 | Sep 06, 2023 | 15.00zł | 3.87% |
| 3 | Apr 20, 2022 | Apr 20, 2022 | Apr 20, 2022 | 13.00zł | 4.38% |
| 4 | Jun 23, 2021 | Jun 23, 2021 | Jun 23, 2021 | 11.00zł | 4.05% |
| 5 | Sep 04, 2020 | Sep 04, 2020 | Sep 04, 2020 | 5.00zł | 3.42% |
FAQ
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