Chocoladefabriken Lindt & Sprüngli AG Stock Forecast
Chocoladefabriken Lindt & Sprüngli AG stock downgraded to Sell Candidate
(Updated on Apr 26, 2024)
No changes to the price of Chocoladefabriken Lindt & Sprüngli AG stock on the last trading day (Friday, 26th Apr 2024). During the last trading day the stock fluctuated 1.55% from a day low at 103,400.00 Fr to a day high of 105,000.00 Fr. The price has fallen in 4 of the last 10 days but is still up by 1.74% over the past 2 weeks.
The stock lies in the middle of a narrow 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 -7.94% during the next 3 months and, with a 90% probability hold a price between 93,691.27 Fr and 97,586.78 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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LISN.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 2.14%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Chocoladefabriken Lindt & Sprüngli AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 106,205.71 Fr. On a fall, the stock will find some support from the short-term average at 104,342.86 Fr. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Chocoladefabriken Lindt & Sprüngli AG stock
Chocoladefabriken Lindt & Sprüngli AG finds support from accumulated volume at 104,400.00 Fr 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1,600.00 Fr between high and low, or 1.55%. For the last week the stock has had daily average volatility of 1.82%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LISN.SW) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Chocoladefabriken Lindt & Sprüngli AG to open at 104,466.67 Fr, and during the day (based on 14 day Average True Range), to move between 103,316.19 Fr and 106,683.81 Fr, which gives a possible trading interval of +/-1,683.81 Fr (+/-1.60%) up or down from last closing price. If Chocoladefabriken Lindt & Sprüngli AG takes out the full calculated possible swing range there will be an estimated 3.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 104,400.00 Fr (0.57%) than the resistance at 106,200.00 Fr (1.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Chocoladefabriken Lindt & Sprüngli AG stock A Buy?
Chocoladefabriken Lindt & Sprüngli AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.443 Sell Candidate Downgraded
Predicted Opening Price for Chocoladefabriken Lindt & Sprüngli AG of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 104,466.67 Fr ( 0.508%) | 105,000.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LISN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 106,066.67 | 1.02 % | |
| R2 | 105,455.47 | 0.434 % | ||
| R1 | 105,077.87 | 0.0742 % | ||
| Current price: | 105,000.00 | |||
| Support | S1 | 103,855.47 | -1.09 % | |
| S2 | 103,477.87 | -1.45 % | ||
| S3 | 102,866.67 | -2.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 113,000.00 | 7.62 % | |
| R2 | 109,400.00 | 4.19 % | ||
| R1 | 106,200.00 | 1.14 % | ||
| Current price | 105,000.00 | |||
| Support | S1 | 104,400.00 | -0.571% | |
| S2 | 103,800.00 | -1.14% | ||
| S3 | 103,200.00 | -1.71% |
LISN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 22, 2024 | Apr 22, 2024 | Apr 25, 2024 | 1,400.00 Fr | 1.33% |
| 2 | Apr 24, 2023 | Apr 24, 2023 | Apr 27, 2023 | 1,300.00 Fr | 1.20% |
| 3 | May 02, 2022 | May 02, 2022 | May 05, 2022 | 1,200.00 Fr | 1.11% |
| 4 | May 06, 2021 | May 06, 2021 | May 06, 2021 | 1,100.00 Fr | 1.21% |
| 5 | Apr 24, 2020 | Apr 29, 2020 | May 05, 2020 | 700.00 Fr | 0.86% |
FAQ
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