LEM Holding SA Stock Forecast
LEM Holding SA stock upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)
The LEM Holding SA stock price gained 1.43% on the last trading day (Thursday, 28th Mar 2024), rising from 1,682.00 Fr to 1,706.00 Fr. During the last trading day the stock fluctuated 1.06% from a day low at 1,698.00 Fr to a day high of 1,716.00 Fr. The price has risen in 5 of the last 10 days and is up by 6.36% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately 2.84 Fr million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -21.48% during the next 3 months and, with a 90% probability hold a price between 1,204.21 Fr and 1,375.78 Fr at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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LEHN.SW Signals & Forecast
Mostly positive signals in the chart today. The LEM Holding SA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 1,654.57 Fr and 1,691.43 Fr. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 7.97%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for LEM Holding SA stock
LEM Holding SA finds support from accumulated volume at 1,680.00 Fr 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 18.00 Fr between high and low, or 1.06%. For the last week, the stock has had daily average volatility of 2.31%.
Our recommended stop-loss: 1,641.17 Fr (-3.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (LEHN.SW) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect LEM Holding SA to open at 1,706.67 Fr, and during the day (based on 14 day Average True Range), to move between 1,665.45 Fr and 1,746.55 Fr, which gives a possible trading interval of +/-40.55 Fr (+/-2.38%) up or down from last closing price. If LEM Holding SA takes out the full calculated possible swing range there will be an estimated 4.75% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 1,680.00 Fr (1.52%) than the resistance at 1,750.00 Fr (2.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LEM Holding SA stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.897 Buy Candidate Upgraded
Predicted Opening Price for LEM Holding SA of Tuesday, April 2, 2024
Fair opening price April 2, 2024 | Current price |
---|---|
1,706.67 Fr ( 0.0391%) | 1,706.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LEHN.SW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,724.67 | 1.09 % | |
R2 | 1,717.79 | 0.691 % | ||
R1 | 1,713.54 | 0.442 % | ||
Current price: | 1,706.00 | |||
Support | S1 | 1,699.79 | -0.364 % | |
S2 | 1,695.54 | -0.613 % | ||
S3 | 1,688.67 | -1.02 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,838.00 | 7.74 % | |
R2 | 1,810.00 | 6.10 % | ||
R1 | 1,750.00 | 2.58 % | ||
Current price | 1,706.00 | |||
Support | S1 | 1,680.00 | -1.52% | |
S2 | 1,660.00 | -2.70% | ||
S3 | 1,640.00 | -3.87% |
LEHN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jul 04, 2023 | Jul 04, 2023 | Jul 04, 2023 | 52.00 Fr | 2.41% |
2 | Jul 05, 2022 | Jul 05, 2022 | Jul 05, 2022 | 50.00 Fr | 3.00% |
3 | Jul 01, 2021 | Jul 01, 2021 | Jul 01, 2021 | 42.00 Fr | 2.22% |
4 | May 19, 2020 | Jun 16, 2020 | Jun 18, 2020 | 40.00 Fr | 3.04% |
5 | May 22, 2019 | Jul 02, 2019 | Jul 04, 2019 | 42.00 Fr | 3.13% |
FAQ
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