Mühlbauer Holding AG Stock Forecast

Mühlbauer Holding AG stock upgraded to Buy Candidate.
(Updated on May 28, 2024)

MUB.DE Signals & Forecast

The Mühlbauer Holding AG 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 56.50€. On a fall, the stock will find some support from the long-term average at approximately 55.87€. 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 Monday, May 27, 2024, and so far it has risen 1.82%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 not be. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Monday, April 29, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Mühlbauer Holding AG stock

Mühlbauer Holding AG finds support from accumulated volume at 55.50€ 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 0.500€ between high and low, or 0.90%. For the last week the stock has had daily average volatility of 1.45%

Our recommended stop-loss: 53.21€ (-4.99%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (MUB.DE) For The Upcoming Trading Day Of Wednesday 29th

For the upcoming trading day on Wednesday, 29th we expect Mühlbauer Holding AG to open at 55.83€, and during the day (based on 14 day Average True Range), to move between 54.89€ and 57.11€, which gives a possible trading interval of +/-1.11€ (+/-1.99%) up or down from last closing price. If Mühlbauer Holding AG takes out the full calculated possible swing range there will be an estimated 3.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 56.50€ (0.89%) than the support at 55.50€ (0.89%), 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 Mühlbauer Holding 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 Mühlbauer Holding AG stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.759 Buy Candidate Upgraded

Predicted Opening Price for Mühlbauer Holding AG of Wednesday, May 29, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.