Nabaltec AG Stock Forecast
Red day on Tuesday for Nabaltec AG
(Updated on May 14, 2024)
No changes to the price of Nabaltec AG stock on the last trading day (Tuesday, 14th May 2024). During the last trading day the stock fluctuated 1.99% from a day low at 15.05€ to a day high of 15.35€. The price has risen in 5 of the last 10 days and is up by 1.33% over the past 2 weeks.
The stock lies in the upper part of a wide and weak 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 15.41€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.13% during the next 3 months and, with a 90% probability hold a price between 13.25€ and 16.05€ 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.
NTG.F Signals & Forecast
The Nabaltec 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 14.84€ and 13.87€. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. 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 Friday, April 26, 2024, and so far it has fallen -0.654%. Further fall is indicated until a new bottom pivot has been found.
A buy signal from a double bottom formation was found on Thursday, April 18, 2024 with a target of 15.00€. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
Support, Risk & Stop-loss for Nabaltec AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 12.95€ and 12.80€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Nabaltec AG finds support just below today's level at 12.95€. If this is broken, then the next support from accumulated volume will be at 12.80€ and 12.75€.
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 0.300€ between high and low, or 1.99%. For the last week, the stock has had daily average volatility of 2.86%.
Our recommended stop-loss: 14.61€ (-3.86%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 11 days ago.)
Trading Expectations (NTG.F) For The Upcoming Trading Day Of Wednesday 15th
For the upcoming trading day on Wednesday, 15th we expect Nabaltec AG to open at 15.20€, and during the day (based on 14 day Average True Range), to move between 14.61€ and 15.79€, which gives a possible trading interval of +/-0.593€ (+/-3.90%) up or down from last closing price. If Nabaltec AG takes out the full calculated possible swing range there will be an estimated 7.81% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 15.25€ (0.33%) than the support at 12.95€ (14.80%), 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 Nabaltec 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 Nabaltec AG stock to perform well in the short-term.
Current score: 1.835 Buy Candidate Unchanged
Predicted Opening Price for Nabaltec AG of Wednesday, May 15, 2024
| Fair opening price May 15, 2024 | Current price |
|---|---|
| 15.20€ ( 0.00000000%) | 15.20€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NTG.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.50 | 1.97 % | |
| R2 | 15.39 | 1.22 % | ||
| R1 | 15.31 | 0.754 % | ||
| Current price: | 15.20 | |||
| Support | S1 | 15.09 | -0.754 % | |
| S2 | 15.01 | -1.22 % | ||
| S3 | 14.90 | -1.97 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.35 | 0.99 % | |
| R2 | 15.30 | 0.658 % | ||
| R1 | 15.25 | 0.329 % | ||
| Current price | 15.20 | |||
| Support | S1 | 12.95 | -14.80% | |
| S2 | 12.80 | -15.79% | ||
| S3 | 12.75 | -16.12% |
NTG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 26, 2024 | Jun 26, 2024 | Jun 28, 2024 | 0.280€ | 0% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | 0.280€ | 0% |
| 3 | Jun 30, 2022 | Jun 30, 2022 | Jun 30, 2022 | 0.250€ | 0% |
| 4 | Apr 30, 2020 | Jul 01, 2020 | Jul 01, 2020 | 0.150€ | 0% |
| 5 | Apr 30, 2019 | Jun 28, 2019 | Jul 02, 2019 | 0.200€ | 0% |
FAQ
Click here for our free guide on how to buy Nabaltec AG Stock.
