Masterflex SE 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
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
Masterflex SE stock price ended at 10.95€ on Tuesday, after losing 0.455%.
(Updated on Jun 25, 2024)
The Masterflex SE stock price fell by -0.455% on the last day (Tuesday, 25th Jun 2024) from 11.00€ to 10.95€. During the last trading day the stock fluctuated 1.39% from a day low at 10.80€ to a day high of 10.95€. The price has fallen in 5 of the last 10 days and is down by -0.45% for this period. Volume has increased on the last day by 8 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, 10 thousand shares were bought and sold for approximately 110.02€ thousand.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 10.82€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 15.51% during the next 3 months and, with a 90% probability hold a price between 12.50€ and 13.52€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
MZX.F Signals & Forecast
A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -4.78%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Masterflex SE 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". Some positive signals were issued as well, and these may have some influence on the near short-term development. The Masterflex SE 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 11.04€. On a fall, the stock will find some support from the long-term average at approximately 10.74€. 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.
Support, Risk & Stop-loss for Masterflex SE stock
Masterflex SE finds support from accumulated volume at 10.80€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.150€ (1.39%) between high and low. For the last week, the stock has had daily average volatility of 1.00%.
Our recommended stop-loss: 10.42€ (-4.88%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 61 days ago.)
Trading Expectations (MZX.F) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Masterflex SE to open at 10.90€, and during the day (based on 14 day Average True Range), to move between 10.73€ and 11.17€, which gives a possible trading interval of +/-0.221€ (+/-2.01%) up or down from last closing price. If Masterflex SE takes out the full calculated possible swing range there will be an estimated 4.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 11.00€ (0.46%) than the support at 10.80€ (1.37%), 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 Masterflex SE stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.707 Buy Candidate Unchanged
Predicted Opening Price for Masterflex SE of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
10.90€ ( 0.457%) | 10.95€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MZX.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 11.05 | 0.91% |
R2 | 10.99 | 0.390% |
R1 | 10.96 | 0.0667% |
Price | 10.95 | |
S1 | 10.84 | -0.98% |
S2 | 10.81 | -1.30% |
S3 | 10.75 | -1.83% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 11.50 | 5.02% |
R2 | 11.05 | 0.91% |
R1 | 11.00 | 0.457% |
Price | 10.95 | |
S1 | 10.80 | -1.37% |
S2 | 10.55 | -3.65% |
S3 | 10.10 | -7.76% |
MZX Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jul 08, 2024 | Jul 08, 2024 | Jul 10, 2024 | 0.250€ | 0% |
2 | Jun 13, 2024 | Jun 13, 2024 | Jun 17, 2024 | 0.250€ | 0% |
3 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | 0.200€ | 0% |
4 | Jun 15, 2022 | Jun 15, 2022 | Jun 15, 2022 | 0.120€ | 0% |
5 | May 20, 2021 | May 20, 2021 | May 20, 2021 | 0.0800€ | 0% |
FAQ
Click here for our free guide on how to buy Masterflex SE Stock.