publity AG Stock Forecast
Green day on Friday for publity AG stock after gaining 2.71%
(Updated on May 10, 2024)
The publity AG stock price gained 2.71% on the last trading day (Friday, 10th May 2024), rising from 5.90€ to 6.06€. During the last trading day the stock fluctuated 2.02% from a day low at 5.94€ to a day high of 6.06€. The price has risen in 4 of the last 10 days and is up by 8.21% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 90 more shares were traded than the day before. In total, 90 shares were bought and sold for approximately 545.40€ .
The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is 4.26€, a level that may pose a second chance to hit a runner. According to fan-theory 8.95€ will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
PBY.DE Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). publity AG has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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. The publity 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 6.23€ and 6.52€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -25.19%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for publity AG stock
publity AG finds support from accumulated volume at 6.00€ 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.120€ between high and low, or 2.02%. For the last week, the stock has had daily average volatility of 2.91%.
Our recommended stop-loss: 5.70€ (-6.02%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 28 days ago.)
Trading Expectations (PBY.DE) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect publity AG to open at 6.02€, and during the day (based on 14 day Average True Range), to move between 5.69€ and 6.43€, which gives a possible trading interval of +/-0.372€ (+/-6.13%) up or down from last closing price. If publity AG takes out the full calculated possible swing range there will be an estimated 12.27% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 6.00€ (0.99%) than the resistance at 6.34€ (4.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is publity AG stock A Buy?
publity AG holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for publity AG of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 6.02€ ( 0.660%) | 6.06€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PBY.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.14 | 1.32 % | |
| R2 | 6.09 | 0.564 % | ||
| R1 | 6.07 | 0.0964 % | ||
| Current price: | 6.06 | |||
| Support | S1 | 5.97 | -1.42 % | |
| S2 | 5.95 | -1.88 % | ||
| S3 | 5.90 | -2.64 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 7.00 | 15.51 % | |
| R2 | 6.50 | 7.26 % | ||
| R1 | 6.34 | 4.62 % | ||
| Current price | 6.06 | |||
| Support | S1 | 6.00 | -0.99% | |
| S2 | 5.92 | -2.31% | ||
| S3 | 5.20 | -14.19% |
PBY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 12, 2019 | May 17, 2019 | Jun 25, 2019 | 1.50€ | 4.25% |
| 2 | Jan 26, 2017 | Jun 21, 2017 | Jun 23, 2017 | 2.68€ | 7.91% |
| 3 | Feb 09, 2016 | Mar 15, 2016 | Mar 15, 2016 | 1.91€ | 4.96% |
FAQ
Click here for our free guide on how to buy publity AG Stock.
