Orell Füssli Holding AG Stock Forecast
Red day on Wednesday for Orell Füssli Holding AG stock after losing 0%
(Updated on May 08, 2024)
No changes to the price of Orell Füssli Holding AG stock on the last trading day (Wednesday, 8th May 2024). During the last trading day the stock fluctuated 0.752% from a day low at 79.80 Fr to a day high of 80.40 Fr. The price has been going up and down for this period, and there has been a 0.25% gain for the last 2 weeks.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.40% during the next 3 months and, with a 90% probability hold a price between 89.07 Fr and 94.97 Fr at the end of this 3-month period.
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OFN.SW Signals & Forecast
The Orell Füssli 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 80.09 Fr and 78.87 Fr. A breakdown below any of these levels will issue sell signals. 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, April 15, 2024, and so far it has fallen -1.95%. 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). 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 Wednesday, March 06, 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 Wednesday, March 06, 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 Orell Füssli Holding AG stock
Orell Füssli Holding AG finds support from accumulated volume at 79.00 Fr 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 0.600 Fr between high and low, or 0.752%. For the last week the stock has had daily average volatility of 1.16%
Our recommended stop-loss: 76.85 Fr (-4.42%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)
Trading Expectations (OFN.SW) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Orell Füssli Holding AG to open at 80.20 Fr, and during the day (based on 14 day Average True Range), to move between 79.04 Fr and 81.76 Fr, which gives a possible trading interval of +/-1.36 Fr (+/-1.69%) up or down from last closing price. If Orell Füssli Holding AG takes out the full calculated possible swing range there will be an estimated 3.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 80.60 Fr (0.25%) than the support at 79.00 Fr (1.74%), 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 Orell Füssli 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 Orell Füssli Holding AG stock to perform well in the short-term.
Current score: 1.889 Buy Candidate Unchanged
Predicted Opening Price for Orell Füssli Holding AG of Friday, May 10, 2024
Fair opening price May 10, 2024 | Current price |
---|---|
80.20 Fr ( 0.249%) | 80.40 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for OFN.SW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 80.80 | 0.498 % | |
R2 | 80.57 | 0.212 % | ||
R1 | 80.43 | 0.0363 % | ||
Current price: | 80.40 | |||
Support | S1 | 79.97 | -0.534 % | |
S2 | 79.83 | -0.710 % | ||
S3 | 79.60 | -1.00 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 82.00 | 1.99 % | |
R2 | 81.80 | 1.74 % | ||
R1 | 80.60 | 0.249 % | ||
Current price | 80.40 | |||
Support | S1 | 79.00 | -1.74% | |
S2 | 77.00 | -4.23% | ||
S3 | 75.80 | -5.72% |
OFN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 10, 2024 | May 10, 2024 | May 14, 2024 | 3.90 Fr | 4.85% |
2 | May 12, 2023 | May 12, 2023 | May 16, 2023 | 3.40 Fr | 4.37% |
3 | May 13, 2022 | May 13, 2022 | May 17, 2022 | 3.40 Fr | 3.91% |
4 | May 14, 2021 | May 14, 2021 | May 14, 2021 | 3.00 Fr | 2.80% |
5 | Mar 16, 2020 | May 25, 2020 | May 27, 2020 | 6.00 Fr | 6.90% |
FAQ
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