Orell Füssli Holding AG 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:
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
Weaker technical forecast for Orell Füssli Holding AG as stock downgraded to Sell Candidate.
(Updated on May 31, 2024)
The Orell Füssli Holding AG stock price gained 1.05% on the last trading day (Friday, 31st May 2024), rising from 76.40 Fr to 77.20 Fr. During the last trading day the stock fluctuated 0.519% from a day low at 77.00 Fr to a day high of 77.40 Fr. The price has fallen in 5 of the last 10 days and is down by -1.53% for this period. Volume fell on the last day by -520 shares and in total, 243 shares were bought and sold for approximately 18.76 Fr thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 76.47 Fr 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 5.33% during the next 3 months and, with a 90% probability hold a price between 80.55 Fr and 88.73 Fr at the end of this 3-month period.
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OFN.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 1.05%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 77.34 Fr and 79.34 Fr. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. 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 77.00 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 0.400 Fr between high and low, or 0.519%. For the last week the stock has had daily average volatility of 1.84%
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 Monday 3rd
For the upcoming trading day on Monday, 3rd 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 75.73 Fr and 78.67 Fr, which gives a possible trading interval of +/-1.47 Fr (+/-1.91%) 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 3.81% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 77.00 Fr (0.26%) than the resistance at 79.00 Fr (2.33%), 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.047 Sell Candidate Downgraded
Predicted Opening Price for Orell Füssli Holding AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 77.20 Fr ( 0%) | 77.20 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 | 77.60 | 0.518 % | |
| R2 | 77.45 | 0.320 % | ||
| R1 | 77.35 | 0.198 % | ||
| Current price: | 77.20 | |||
| Support | S1 | 77.05 | -0.198 % | |
| S2 | 76.95 | -0.320 % | ||
| S3 | 76.80 | -0.518 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 81.80 | 5.96 % | |
| R2 | 80.40 | 4.15 % | ||
| R1 | 79.00 | 2.33 % | ||
| Current price | 77.20 | |||
| Support | S1 | 77.00 | -0.259% | |
| S2 | 75.80 | -1.81% | ||
| S3 | 75.00 | -2.85% |
OFN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 10, 2024 | May 10, 2024 | May 14, 2024 | 3.90 Fr | 4.99% |
| 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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