LPKF Laser & Electronics AG Stock Forecast
Red day on Friday for LPKF Laser & Electronics AG
(Updated on Jun 28, 2024)
The LPKF Laser & Electronics AG stock price fell by -0.371% on the last day (Friday, 28th Jun 2024) from 8.09€ to 8.06€. During the last trading day the stock fluctuated 2.00% from a day low at 8.00€ to a day high of 8.16€. The price has been going up and down for this period, and there has been a -0.37% loss for the last 2 weeks. Volume has increased on the last day by 10 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 29 thousand shares were bought and sold for approximately 232.35€ thousand.
The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.04% during the next 3 months and, with a 90% probability hold a price between 8.02€ and 8.59€ at the end of this 3-month period.
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LPK.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 22, 2024, and so far it has risen 1.26%. 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. The LPKF Laser & Electronics AG 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 8.07€ and 8.09€. A break-up above any of these levels will issue buy signals. LPKF Laser & Electronics AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
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 -8.06% 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.160€ between high and low, or 2.00%. For the last week the stock has had daily average volatility of 2.55%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LPK.DE) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect LPKF Laser & Electronics AG to open at 8.07€, and during the day (based on 14 day Average True Range), to move between 7.85€ and 8.27€, which gives a possible trading interval of +/-0.210€ (+/-2.61%) 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 5.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 8.05€ (0.12%) than the resistance at 8.09€ (0.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LPKF Laser & Electronics AG stock A Buy?
The LPKF Laser & Electronics AG stock holds several negative signals and despite the positive trend, we believe LPKF Laser & Electronics AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.023 Sell Candidate Unchanged
Predicted Opening Price for LPKF Laser & Electronics AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 8.07€ ( 0.165%) | 8.06€ |
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 | 8.23 | 2.15% |
| R2 | 8.17 | 1.39% |
| R1 | 8.13 | 0.92% |
| Price | 8.06 | |
| S1 | 8.01 | -0.593% |
| S2 | 7.97 | -1.06% |
| S3 | 7.91 | -1.82% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 8.26 | 2.48% |
| R2 | 8.10 | 0.496% |
| R1 | 8.09 | 0.372% |
| Price | 8.06 | |
| S1 | 8.05 | -0.124% |
| S2 | 8.00 | -0.744% |
| S3 | 7.97 | -1.12% |
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
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