A.P. Møller - Mærsk A/S 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
A.P. Møller - Mærsk A/S stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 03, 2024)
The A.P. Møller - Mærsk A/S stock price fell by -1.03% on the last day (Friday, 3rd May 2024) from kr9,662.00 to kr9,562.00. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 3.65% from a day low at kr9,526.00 to a day high of kr9,874.00. The price has been going up and down for this period, and there has been a -0.06% loss for the last 2 weeks. 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 -42 thousand shares and in total, 22 thousand shares were bought and sold for approximately kr207.95 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.61% during the next 3 months and, with a 90% probability hold a price between kr7,035.37 and kr9,865.37 at the end of this 3-month period.
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MAERSK-B.CO Signals & Forecast
The A.P. Møller - Mærsk A/S stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately kr10,024.86. On a fall, the stock will find some support from the long-term average at approximately kr9,490.06. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 8.02%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for A.P. Møller - Mærsk A/S stock
A.P. Møller - Mærsk A/S finds support from accumulated volume at kr9,326.00 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 kr348.00 between high and low, or 3.65%. For the last week, the stock has had daily average volatility of 4.20%.
Our recommended stop-loss: kr9,137.84 (-4.44%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (MAERSK-B.CO) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect A.P. Møller - Mærsk A/S to open at kr9,654.00, and during the day (based on 14 day Average True Range), to move between kr9,185.43 and kr9,938.57, which gives a possible trading interval of +/-kr376.57 (+/-3.94%) up or down from last closing price. If A.P. Møller - Mærsk A/S takes out the full calculated possible swing range there will be an estimated 7.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr9,662.00 (1.05%) than the support at kr9,326.00 (2.47%), 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 A.P. Møller - Mærsk A/S stock A Buy?
A.P. Møller - Mærsk A/S holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.117 Hold/Accumulate Upgraded
Predicted Opening Price for A.P. Møller - Mærsk A/S of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| kr9,654.00 ( 0.96%) | kr9,562.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MAERSK-B.CO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10,002.00 | 4.60 % | |
| R2 | 9,869.06 | 3.21 % | ||
| R1 | 9,786.94 | 2.35 % | ||
| Current price: | 9,562.00 | |||
| Support | S1 | 9,521.06 | -0.428 % | |
| S2 | 9,438.94 | -1.29 % | ||
| S3 | 9,306.00 | -2.68 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10,975.00 | 14.78 % | |
| R2 | 9,746.00 | 1.92 % | ||
| R1 | 9,662.00 | 1.05 % | ||
| Current price | 9,562.00 | |||
| Support | S1 | 9,326.00 | -2.47% | |
| S2 | 9,056.00 | -5.29% | ||
| S3 | 8,864.00 | -7.30% |
MAERSK-B Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2024 | Mar 15, 2024 | Mar 19, 2024 | kr515.00 | 5.82% |
| 2 | Mar 29, 2023 | Mar 29, 2023 | Mar 29, 2023 | kr2,300.00 | 19.43% |
| 3 | Mar 16, 2022 | Mar 16, 2022 | Mar 16, 2022 | kr2,500.00 | 11.24% |
| 4 | Mar 24, 2021 | Mar 24, 2021 | Mar 24, 2021 | kr330.00 | 2.42% |
| 5 | Mar 24, 2020 | Mar 24, 2020 | Mar 24, 2020 | kr150.00 | 2.72% |
FAQ
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