Mühlbauer Holding AG Stock Forecast
Red day on Tuesday for Mühlbauer Holding AG stock after losing 0%
(Updated on May 14, 2024)
No changes to the price of Mühlbauer Holding AG stock on the last trading day (Tuesday, 14th May 2024). During the last trading day the stock fluctuated 0% from a day low at 57.00€ to a day high of 57.00€. The price has risen in 4 of the last 10 days and is up by 3.64% over the past 2 weeks.
The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 57.46€ will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Mühlbauer Holding AG stock with a 90% probability to be traded between 54.14€ and 58.40€ 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.
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MUB.F Signals & Forecast
The Mühlbauer Holding 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 56.57€ and 55.53€. 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 13, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". 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.
Golden Star
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.
A buy signal from a double bottom formation was found on Thursday, April 04, 2024 with a target of 55.50€. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
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 controlled movements and therefore the general risk is considered 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€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.89%.
Our recommended stop-loss: 54.77€ (-3.92%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (MUB.F) For The Upcoming Trading Day Of Wednesday 15th
For the upcoming trading day on Wednesday, 15th we expect Mühlbauer Holding AG to open at 57.00€, and during the day (based on 14 day Average True Range), to move between 55.86€ and 58.14€, which gives a possible trading interval of +/-1.14€ (+/-2.01%) up or down from last closing price. If Mühlbauer Holding AG takes out the full calculated possible swing range there will be an estimated 4.01% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 55.50€, some 1.50€ (2.63%) from the current price of 57.00€, our system finds the risk reward attractive.
Is Mühlbauer Holding AG stock A Buy?
Mühlbauer Holding AG 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.
Current score: 0.823 Hold/Accumulate Unchanged
Predicted Opening Price for Mühlbauer Holding AG of Wednesday, May 15, 2024
| Fair opening price May 15, 2024 | Current price |
|---|---|
| 57.00€ ( 0%) | 57.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MUB.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 57.00 | . | |
| R2 | 57.00 | . | ||
| R1 | 57.00 | . | ||
| Current price: | 57.00 | |||
| Support | S1 | 57.00 | . | |
| S2 | 57.00 | . | ||
| S3 | 57.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 57.00 | |||
| Support | S1 | 55.50 | -2.63% | |
| S2 | 55.00 | -3.51% | ||
| S3 | 54.50 | -4.39% |
MUB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 11, 2023 | Aug 11, 2023 | Aug 11, 2023 | 1.00€ | 0% |
| 2 | Aug 12, 2022 | Aug 12, 2022 | Aug 12, 2022 | 1.50€ | 0% |
| 3 | Aug 06, 2021 | Aug 06, 2021 | Aug 06, 2021 | 1.50€ | 0% |
| 4 | Sep 18, 2020 | Sep 18, 2020 | Sep 18, 2020 | 1.50€ | 0% |
| 5 | Jun 28, 2019 | Aug 09, 2019 | Aug 13, 2019 | 1.50€ | 0% |
FAQ
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