publity AG Stock Forecast
High volatility in publity AG stock price on Wednesday which ended trading at 3.96€
(Updated on Jun 05, 2024)
The publity AG stock price fell by -33.33% on the last day (Wednesday, 5th Jun 2024) from 5.94€ to 3.96€. During the last trading day the stock fluctuated 13.64% from a day low at 3.96€ to a day high of 4.50€. The price has fallen in 5 of the last 10 days and is down by -22.66% for this period. Volume has increased on the last day by 65 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 141 shares were bought and sold for approximately 558.36€ .
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 -23.94% during the next 3 months and, with a 90% probability hold a price between 2.46€ and 4.99€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
PBY.DE Signals & Forecast
There are few to no technical positive signals at the moment. 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 5.01€ and 5.77€. 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 -51.11%. 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). publity 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.
Support, Risk & Stop-loss for publity AG stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 0.540€ between high and low, or 13.64%. For the last week, the stock has had daily average volatility of 10.53%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PBY.DE) For The Upcoming Trading Day Of Thursday 6th
For the upcoming trading day on Thursday, 6th we expect publity AG to open at 4.14€, and during the day (based on 14 day Average True Range), to move between 3.30€ and 4.62€, which gives a possible trading interval of +/-0.659€ (+/-16.65%) up or down from last closing price. If publity AG takes out the full calculated possible swing range there will be an estimated 33.29% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 4.61€, some 0.650€ (16.41%) from the current price of 3.96€, our system finds the risk reward not very attractive.
Is publity AG stock A Buy?
publity AG holds several negative signals and is within a very wide and falling trend, so we believe 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 Strong Sell candidate.
Current score: -6.821 Strong Sell Candidate Downgraded
Predicted Opening Price for publity AG of Thursday, June 6, 2024
| Fair opening price June 6, 2024 | Current price |
|---|---|
| 4.14€ ( 4.55%) | 3.96€ |
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 | |
|---|---|---|
| R3 | 4.68 | 18.18% |
| R2 | 4.47 | 12.97% |
| R1 | 4.35 | 9.75% |
| Price | 3.96 | |
| S1 | 3.93 | -0.664% |
| S2 | 3.81 | -3.88% |
| S3 | 3.60 | -9.09% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 4.91 | 23.99% |
| R1 | 4.61 | 16.41% |
| Price | 3.96 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
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.
