KPS AG Stock Forecast

Green day on Friday for KPS AG stock after gaining 1.33%
(Updated on May 17, 2024)

KSC.F Signals & Forecast

There are few to no technical positive signals at the moment. The KPS AG 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 1.16€ and 1.18€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 05, 2024, and so far it has fallen -9.84%. 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.

Support, Risk & Stop-loss for KPS AG stock

KPS AG finds support from accumulated volume at 1.13€ 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 0.0250€ between high and low, or 2.23%. For the last week the stock has had daily average volatility of 3.29%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (KSC.F) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect KPS AG to open at 1.14€, and during the day (based on 14 day Average True Range), to move between 1.10€ and 1.19€, which gives a possible trading interval of +/-0.0474€ (+/-4.14%) up or down from last closing price. If KPS AG takes out the full calculated possible swing range there will be an estimated 8.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 1.16€ (0.87%) than the support at 1.13€ (1.31%), 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 KPS AG stock A Buy?

The KPS AG stock holds several negative signals and despite the positive trend, we believe KPS AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.466 Sell Candidate Unchanged

Predicted Opening Price for KPS AG of Monday, May 20, 2024

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