KSB SE & Co. KGaA Stock Forecast

Green day on Wednesday for KSB SE & Co. KGaA
(Updated on May 15, 2024)

KSB3.DE Signals & Forecast

A sell signal was issued from a pivot top point on Thursday, May 02, 2024, and so far it has fallen -1.92%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. Some positive signals were issued as well, and these may have some influence on the near short-term development. The KSB SE & Co. KGaA stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 612.86€. On a fall, the stock will find some support from the long-term average at approximately 610.23€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. The stock had a Golden Star Signal on Friday, March 22, 2024 in the short-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 KSB SE & Co. KGaA stock

KSB SE & Co. KGaA finds support from accumulated volume at 608.00€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 6.00€ between high and low, or 0.98%. For the last week the stock has had daily average volatility of 1.18%

Our recommended stop-loss: 587.01€ (-4.08%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (KSB3.DE) For The Upcoming Trading Day Of Thursday 16th

For the upcoming trading day on Thursday, 16th we expect KSB SE & Co. KGaA to open at 612.67€, and during the day (based on 14 day Average True Range), to move between 602.69€ and 621.31€, which gives a possible trading interval of +/-9.31€ (+/-1.52%) up or down from last closing price. If KSB SE & Co. KGaA takes out the full calculated possible swing range there will be an estimated 3.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 616.00€ (0.65%) than the support at 608.00€ (0.65%), 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 KSB SE & Co. KGaA stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.187 Buy Candidate Unchanged

Predicted Opening Price for KSB SE & Co. KGaA of Thursday, May 16, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.