Kontron Ag Stock Forecast
Kontron Ag stock price ended at 19.22€ on Friday, after gaining 0.89%.
(Updated on Jun 28, 2024)
The Kontron Ag stock price gained 0.89% on the last trading day (Friday, 28th Jun 2024), rising from 19.05€ to 19.22€. During the last trading day the stock fluctuated 1.78% from a day low at 19.05€ to a day high of 19.39€. The price has fallen in 7 of the last 10 days and is down by -5.13% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 55 thousand shares were bought and sold for approximately 1.06€ 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 19.07€ 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 6.84% during the next 3 months and, with a 90% probability hold a price between 20.38€ and 24.21€ at the end of this 3-month period.
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KTN.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 0.89%. Further rise is indicated until a new top pivot has been found. Kontron Ag has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kontron 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 19.50€ and 20.54€. 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 Kontron Ag stock
Kontron Ag finds support from accumulated volume at 19.19€ 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 0.340€ between high and low, or 1.78%. For the last week, the stock has had daily average volatility of 2.80%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KTN.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Kontron Ag to open at 19.22€, and during the day (based on 14 day Average True Range), to move between 18.66€ and 19.78€, which gives a possible trading interval of +/-0.563€ (+/-2.93%) up or down from last closing price. If Kontron Ag takes out the full calculated possible swing range there will be an estimated 5.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 19.19€ (0.16%) than the resistance at 19.32€ (0.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kontron Ag stock A Buy?
The Kontron Ag stock holds several negative signals and despite the positive trend, we believe Kontron Ag will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.198 Sell Candidate Unchanged
Predicted Opening Price for Kontron Ag of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 19.22€ ( 0%) | 19.22€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KTN.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 19.56 | 1.77% |
| R2 | 19.43 | 1.09% |
| R1 | 19.35 | 0.676% |
| Price | 19.22 | |
| S1 | 19.09 | -0.676% |
| S2 | 19.01 | -1.09% |
| S3 | 18.88 | -1.77% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.84 | 13.63% |
| R2 | 20.68 | 7.60% |
| R1 | 19.32 | 0.520% |
| Price | 19.22 | |
| S1 | 19.19 | -0.156% |
| S2 | 19.00 | -1.14% |
| S3 | 18.97 | -1.30% |
KTN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 13, 2024 | May 13, 2024 | May 16, 2024 | 0.500€ | 0% |
| 2 | May 29, 2023 | May 29, 2023 | May 31, 2023 | 1.00€ | 0% |
| 3 | May 23, 2022 | May 23, 2022 | May 25, 2022 | 0.350€ | 0% |
| 4 | May 09, 2022 | May 09, 2022 | May 09, 2022 | 0.350€ | 0% |
| 5 | Jun 15, 2021 | Jun 15, 2021 | Jun 17, 2021 | 0.300€ | 0% |
FAQ
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