Orell Füssli Holding AG Stock Forecast

Orell Füssli Holding AG stock price down 1.79% on Friday
(Updated on May 17, 2024)

OFN.SW Signals & Forecast

There are few to no technical positive signals at the moment. The Orell Füssli Holding AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 78.54 Fr and 79.36 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 15, 2024, and so far it has fallen -6.10%. 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). Orell Füssli Holding AG 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". 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.

Support, Risk & Stop-loss for Orell Füssli Holding AG stock

Orell Füssli Holding AG finds support from accumulated volume at 75.80 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.00 Fr between high and low, or 1.30%. For the last week the stock has had daily average volatility of 1.76%.

Orell Füssli Holding AG is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (OFN.SW) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Orell Füssli Holding AG to open at 77.20 Fr, and during the day (based on 14 day Average True Range), to move between 75.55 Fr and 78.45 Fr, which gives a possible trading interval of +/-1.45 Fr (+/-1.88%) 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 3.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 75.80 Fr (1.56%) than the resistance at 79.00 Fr (2.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Orell Füssli Holding AG stock A Buy?

The Orell Füssli Holding AG stock holds several negative signals and despite the positive trend, we believe Orell Füssli Holding AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.006 Sell Candidate Unchanged

Predicted Opening Price for Orell Füssli Holding AG of Tuesday, May 21, 2024

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