Chocoladefabriken Lindt & Sprüngli AG Stock Forecast
Stronger technical forecast for Chocoladefabriken Lindt & Sprüngli AG stock price after Friday trading.
(Updated on May 10, 2024)
The Chocoladefabriken Lindt & Sprüngli AG stock price gained 1.14% on the last trading day (Friday, 10th May 2024), rising from 105,000.00 Fr to 106,200.00 Fr. During the last trading day the stock fluctuated 1.92% from a day low at 104,200.00 Fr to a day high of 106,200.00 Fr. The price has risen in 6 of the last 10 days and is up by 2.51% over the past 2 weeks. Volume fell on the last day by -51 shares and in total, 63 shares were bought and sold for approximately 6.69 Fr million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies the upper part of a narrow and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 106,756.53 Fr will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -6.40% during the next 3 months and, with a 90% probability hold a price between 95,232.25 Fr and 99,920.19 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
Mostly positive signals in the chart today. The Chocoladefabriken Lindt & Sprüngli AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 106,142.86 Fr and 105,314.29 Fr. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has risen 3.51%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Chocoladefabriken Lindt & Sprüngli AG stock
Chocoladefabriken Lindt & Sprüngli AG finds support from accumulated volume at 105,000.00 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 2,000.00 Fr between high and low, or 1.92%. For the last week the stock has had daily average volatility of 1.72%.
Our recommended stop-loss: 101,412.80 Fr (-4.51%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (LISN.SW) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Chocoladefabriken Lindt & Sprüngli AG to open at 105,533.33 Fr, and during the day (based on 14 day Average True Range), to move between 104,279.78 Fr and 108,120.22 Fr, which gives a possible trading interval of +/-1,920.22 Fr (+/-1.81%) 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 3.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 105,000.00 Fr (1.13%) than the resistance at 109,400.00 Fr (3.01%), 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?
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 Sell to a Buy candidate.
Current score: 2.278 Buy Candidate Upgraded
Predicted Opening Price for Chocoladefabriken Lindt & Sprüngli AG of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 105,533.33 Fr ( 0.628%) | 106,200.00 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 | 107,533.33 | 1.26 % | |
| R2 | 106,769.33 | 0.536 % | ||
| R1 | 106,297.33 | 0.0917 % | ||
| Current price: | 106,200.00 | |||
| Support | S1 | 104,769.33 | -1.35 % | |
| S2 | 104,297.33 | -1.79 % | ||
| S3 | 103,533.33 | -2.51 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 112,400.00 | 5.84 % | |
| R2 | 110,400.00 | 3.95 % | ||
| R1 | 109,400.00 | 3.01 % | ||
| Current price | 106,200.00 | |||
| Support | S1 | 105,000.00 | -1.13% | |
| S2 | 104,400.00 | -1.69% | ||
| S3 | 103,200.00 | -2.82% |
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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