Lonza Group Ltd Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Lonza Group Ltd stock upgraded to Buy Candidate.
(Updated on Jun 03, 2024)
The Lonza Group Ltd stock price fell by -0.329% on the last day (Monday, 3rd Jun 2024) from 486.40 Fr to 484.80 Fr. During the last trading day the stock fluctuated 2.26% from a day low at 482.60 Fr to a day high of 493.50 Fr. The price has fallen in 6 of the last 10 days and is down by -8.39% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -240 thousand shares and in total, 166 thousand shares were bought and sold for approximately 80.33 Fr 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 483.82 Fr 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 4.81% during the next 3 months and, with a 90% probability hold a price between 507.11 Fr and 601.70 Fr at the end of this 3-month period.
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LONN.SW Signals & Forecast
The Lonza Group Ltd 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 495.07 Fr and 515.27 Fr. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 0.477%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Lonza Group Ltd stock
Lonza Group Ltd finds support from accumulated volume at 483.30 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 10.90 Fr between high and low, or 2.26%. For the last week, the stock has had daily average volatility of 2.84%.
Our recommended stop-loss: 455.14 Fr (-6.12%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 37 days ago.)
Trading Expectations (LONN.SW) For The Upcoming Trading Day Of Tuesday 4th
For the upcoming trading day on Tuesday, 4th we expect Lonza Group Ltd to open at 486.97 Fr, and during the day (based on 14 day Average True Range), to move between 472.08 Fr and 497.52 Fr, which gives a possible trading interval of +/-12.72 Fr (+/-2.62%) up or down from last closing price. If Lonza Group Ltd takes out the full calculated possible swing range there will be an estimated 5.25% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 483.30 Fr (0.31%) than the resistance at 486.40 Fr (0.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Lonza Group Ltd stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.708 Buy Candidate Upgraded
Predicted Opening Price for Lonza Group Ltd of Tuesday, June 4, 2024
| Fair opening price June 4, 2024 | Current price |
|---|---|
| 486.97 Fr ( 0.447%) | 484.80 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LONN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 497.87 | 2.70 % | |
| R2 | 493.70 | 1.84 % | ||
| R1 | 491.13 | 1.31 % | ||
| Current price: | 484.80 | |||
| Support | S1 | 482.80 | -0.412 % | |
| S2 | 480.23 | -0.94 % | ||
| S3 | 476.07 | -1.80 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 509.60 | 5.12 % | |
| R2 | 507.40 | 4.66 % | ||
| R1 | 486.40 | 0.330 % | ||
| Current price | 484.80 | |||
| Support | S1 | 483.30 | -0.309% | |
| S2 | 482.50 | -0.474% | ||
| S3 | 474.00 | -2.23% |
LONN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 13, 2024 | May 13, 2024 | May 15, 2024 | 4.00 Fr | 0.752% |
| 2 | May 09, 2023 | May 09, 2023 | May 09, 2023 | 3.50 Fr | 0.621% |
| 3 | May 09, 2022 | May 09, 2022 | May 09, 2022 | 3.00 Fr | 0.577% |
| 4 | May 10, 2021 | May 10, 2021 | May 10, 2021 | 3.00 Fr | 0.532% |
| 5 | Jan 21, 2020 | Apr 30, 2020 | May 05, 2020 | 2.75 Fr | 0.626% |
FAQ
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