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
Evaluation of KRUK Spólka Akcyjna stock downgraded after the last trading session.
(Updated on Jun 25, 2024)
The KRUK Spólka Akcyjna stock price fell by -2.88% on the last day (Tuesday, 25th Jun 2024) from 465.40zł to 452.00zł. During the last trading day the stock fluctuated 3.27% from a day low at 452.00zł to a day high of 466.80zł. The price has risen in 7 of the last 10 days and is up by 3.86% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -4 thousand shares and in total, 16 thousand shares were bought and sold for approximately 7.03zł million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect KRUK Spólka Akcyjna stock with a 90% probability to be traded between 441.96zł and 490.54zł at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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KRU.WA Signals & Forecast
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 KRUK Spólka Akcyjna stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 456.49zł and 456.48zł. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -2.88%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for KRUK Spólka Akcyjna stock
KRUK Spólka Akcyjna finds support from accumulated volume at 450.00zł and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 14.80zł (3.27%) between high and low. For the last week, the stock has had daily average volatility of 2.32%.
Our recommended stop-loss: 431.16zł (-4.61%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 8 days ago.)
Trading Expectations (KRU.WA) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect KRUK Spólka Akcyjna to open at 456.93zł, and during the day (based on 14 day Average True Range), to move between 439.20zł and 464.80zł, which gives a possible trading interval of +/-12.80zł (+/-2.83%) up or down from last closing price. If KRUK Spólka Akcyjna takes out the full calculated possible swing range there will be an estimated 5.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 450.00zł (0.44%) than the resistance at 454.40zł (0.53%), 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: -0.678 Hold/Accumulate Downgraded
Predicted Opening Price for KRUK Spólka Akcyjna of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 456.93zł ( 1.09%) | 452.00zł |
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 | 471.73 | 4.37% |
| R2 | 466.08 | 3.11% |
| R1 | 462.59 | 2.34% |
| Price | 452.00 | |
| S1 | 451.28 | -0.159% |
| S2 | 447.79 | -0.93% |
| S3 | 442.13 | -2.18% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 476.40 | 5.40% |
| R2 | 464.80 | 2.83% |
| R1 | 454.40 | 0.531% |
| Price | 452.00 | |
| S1 | 450.00 | -0.442% |
| S2 | 440.00 | -2.65% |
| S3 | 423.00 | -6.42% |
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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