OT Logistics S.A. 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
OT Logistics S.A. stock downgraded to Sell Candidate
(Updated on Jun 28, 2024)
The OT Logistics S.A. stock price fell by -2.82% on the last day (Friday, 28th Jun 2024) from 30.15zł to 29.30zł. During the last trading day the stock fluctuated 2.73% from a day low at 29.30zł to a day high of 30.10zł. The price has been going up and down for this period, and there has been a -0.17% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -86 shares and in total, 1 thousand shares were bought and sold for approximately 39.03zł thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.61% during the next 3 months and, with a 90% probability hold a price between 24.09zł and 37.67zł at the end of this 3-month period.
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OTS.WA Signals & Forecast
There are mixed signals in the stock today. The OT Logistics S.A. 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 29.71zł and 32.38zł. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 9.53%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for OT Logistics S.A. stock
OT Logistics S.A. finds support from accumulated volume at 28.55zł and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.80zł between high and low, or 2.73%. For the last week the stock has had daily average volatility of 3.18%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (OTS.WA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect OT Logistics S.A. to open at 29.57zł, and during the day (based on 14 day Average True Range), to move between 28.04zł and 30.56zł, which gives a possible trading interval of +/-1.26zł (+/-4.31%) up or down from last closing price. If OT Logistics S.A. takes out the full calculated possible swing range there will be an estimated 8.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 28.55zł (2.56%) than the resistance at 31.85zł (8.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is OT Logistics S.A. stock A Buy?
OT Logistics S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, 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 Buy to a Sell candidate.
Current score: -1.952 Sell Candidate Downgraded
Predicted Opening Price for OT Logistics S.A. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 29.57zł ( 0.91%) | 29.30zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for OTS.WA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30.37 | 3.64% |
| R2 | 30.06 | 2.60% |
| R1 | 29.87 | 1.95% |
| Price | 29.30 | |
| S1 | 29.26 | -0.133% |
| S2 | 29.07 | -0.777% |
| S3 | 28.77 | -1.82% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 34.95 | 19.28% |
| R2 | 33.40 | 13.99% |
| R1 | 31.85 | 8.70% |
| Price | 29.30 | |
| S1 | 28.55 | -2.56% |
| S2 | 28.35 | -3.24% |
| S3 | 26.75 | -8.70% |
OTS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 20, 2024 | May 24, 2024 | 2.86zł | 7.86% |
| 2 | Nov 30, 2023 | Nov 30, 2023 | Dec 08, 2023 | 2.86zł | 7.17% |
| 3 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | 6.40zł | 14.78% |
| 4 | Aug 12, 2016 | Aug 12, 2016 | Aug 12, 2016 | 0.88zł | 2.76% |
| 5 | Apr 30, 2015 | Apr 30, 2015 | Apr 30, 2015 | 0.88zł | 2.78% |
FAQ
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