M1 Kliniken AG Stock Forecast
M1 Kliniken AG stock upgraded to Buy Candidate.
(Updated on May 21, 2024)
The M1 Kliniken AG stock price fell by -2.16% on the last day (Tuesday, 21st May 2024) from 18.55€ to 18.15€. During the last trading day the stock fluctuated 8.76% from a day low at 17.70€ to a day high of 19.25€. The price has risen in 5 of the last 10 days and is up by 14.51% over the past 2 weeks. Volume has increased on the last day by 52 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, 113 thousand shares were bought and sold for approximately 2.04€ million.
The stock lies in the upper part of a very wide and strong rising 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 18.61€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 23.86% during the next 3 months and, with a 90% probability hold a price between 16.86€ and 23.05€ at the end of this 3-month period.
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M12.DE Signals & Forecast
The M1 Kliniken 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 17.30€ and 14.81€. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -2.16%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for M1 Kliniken AG stock
M1 Kliniken AG finds support from accumulated volume at 17.70€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 1.55€ between high and low, or 8.76%. For the last week, the stock has had daily average volatility of 5.63%.
Our recommended stop-loss: 17.50€ (-3.58%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 45 days ago.)
Trading Expectations (M12.DE) For The Upcoming Trading Day Of Wednesday 22nd
For the upcoming trading day on Wednesday, 22nd we expect M1 Kliniken AG to open at 18.37€, and during the day (based on 14 day Average True Range), to move between 17.23€ and 19.07€, which gives a possible trading interval of +/-0.92€ (+/-5.07%) up or down from last closing price. If M1 Kliniken AG takes out the full calculated possible swing range there will be an estimated 10.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 18.55€ (2.20%) than the support at 17.70€ (2.48%), 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 M1 Kliniken AG stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for M1 Kliniken AG stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.923 Buy Candidate Upgraded
Predicted Opening Price for M1 Kliniken AG of Wednesday, May 22, 2024
| Fair opening price May 22, 2024 | Current price |
|---|---|
| 18.37€ ( 1.19%) | 18.15€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for M12.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.92 | 9.73 % | |
| R2 | 19.32 | 6.47 % | ||
| R1 | 18.96 | 4.46 % | ||
| Current price: | 18.15 | |||
| Support | S1 | 17.77 | -2.07 % | |
| S2 | 17.41 | -4.08 % | ||
| S3 | 16.82 | -7.35 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 18.55 | 2.20 % | ||
| Current price | 18.15 | |||
| Support | S1 | 17.70 | -2.48% | |
| S2 | 16.90 | -6.89% | ||
| S3 | 15.85 | -12.67% |
M12 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 18, 2024 | Jul 18, 2024 | Jul 22, 2024 | 0.500€ | 2.75% |
| 2 | Jul 12, 2019 | Aug 26, 2019 | Aug 28, 2019 | 0.300€ | 2.44% |
| 3 | May 07, 2018 | Jul 11, 2018 | Jul 13, 2018 | 0.300€ | 1.71% |
| 4 | Mar 31, 2017 | Jun 28, 2017 | Jun 30, 2017 | 0.300€ | 2.96% |
| 5 | May 02, 2016 | Jun 16, 2016 | Jun 16, 2016 | 0.300€ | 3.87% |
FAQ
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