LPKF Laser & Electronics AG Stock Forecast
LPKF Laser & Electronics AG stock upgraded to Buy Candidate.
(Updated on Jun 25, 2024)
The LPKF Laser & Electronics AG stock price gained 0.621% on the last trading day (Tuesday, 25th Jun 2024), rising from 8.05€ to 8.10€. During the last trading day the stock fluctuated 3.02% from a day low at 7.95€ to a day high of 8.19€. The price has risen in 5 of the last 10 days but is still down by -0.25% for this period. Volume fell on the last day by -24 thousand shares and in total, 13 thousand shares were bought and sold for approximately 107.92€ thousand. 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 is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect LPKF Laser & Electronics AG stock with a 90% probability to be traded between 7.99€ and 8.56€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
LPK.DE Signals & Forecast
The LPKF Laser & Electronics 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 8.09€ and 8.08€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 22, 2024, and so far it has risen 1.76%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
A sell signal from a double top formation was found on Thursday, May 16, 2024 and based on theory for this formation the price should fall by -8.51% to 7.41€ within 29 trading days since signal was issued (Wednesday, June 26, 2024).
Support, Risk & Stop-loss for LPKF Laser & Electronics AG stock
LPKF Laser & Electronics AG finds support from accumulated volume at 8.05€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.240€ between high and low, or 3.02%. For the last week the stock has had daily average volatility of 3.31%
Our recommended stop-loss: 7.75€ (-4.33%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 46 days ago.)
Trading Expectations (LPK.DE) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect LPKF Laser & Electronics AG to open at 8.08€, and during the day (based on 14 day Average True Range), to move between 7.88€ and 8.32€, which gives a possible trading interval of +/-0.221€ (+/-2.73%) up or down from last closing price. If LPKF Laser & Electronics AG takes out the full calculated possible swing range there will be an estimated 5.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 8.13€ (0.37%) than the support at 8.05€ (0.62%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is LPKF Laser & Electronics AG stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for LPKF Laser & Electronics AG stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.929 Buy Candidate Upgraded
Predicted Opening Price for LPKF Laser & Electronics AG of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 8.08€ ( 0.247%) | 8.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LPK.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 8.32 | 2.72% |
| R2 | 8.23 | 1.58% |
| R1 | 8.17 | 0.88% |
| Price | 8.10 | |
| S1 | 7.99 | -1.38% |
| S2 | 7.93 | -2.08% |
| S3 | 7.84 | -3.21% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 8.26 | 1.98% |
| R2 | 8.15 | 0.617% |
| R1 | 8.13 | 0.370% |
| Price | 8.10 | |
| S1 | 8.05 | -0.617% |
| S2 | 8.00 | -1.23% |
| S3 | 7.97 | -1.60% |
LPK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 21, 2021 | May 21, 2021 | May 21, 2021 | 0.100€ | 0.466% |
| 2 | Mar 24, 2020 | Jun 05, 2020 | Jun 09, 2020 | 0.100€ | 0.507% |
| 3 | Mar 24, 2015 | May 29, 2015 | May 29, 2015 | 0.120€ | 1.46% |
| 4 | Mar 24, 2014 | Jun 06, 2014 | Jun 06, 2014 | 0.250€ | 1.53% |
| 5 | Mar 25, 2013 | May 24, 2013 | May 24, 2013 | 0.500€ | 4.17% |
FAQ
Click here for our free guide on how to buy LPKF Laser & Electronics AG Stock.
