Peach Property Group AG Stock Forecast
Peach Property Group AG stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Apr 24, 2024)
The Peach Property Group AG stock price fell by -1.53% on the last day (Wednesday, 24th Apr 2024) from 9.14 Fr to 9.00 Fr. During the last trading day the stock fluctuated 1.11% from a day low at 9.00 Fr to a day high of 9.10 Fr. The price has fallen in 6 of the last 10 days and is down by -5.56% for this period. 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 -5 thousand shares and in total, 3 thousand shares were bought and sold for approximately 23.66 Fr 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 -2.82% during the next 3 months and, with a 90% probability hold a price between 7.29 Fr and 11.55 Fr at the end of this 3-month period.
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PEAN.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 3.09%. 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 Peach Property Group 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 9.01 Fr and 9.50 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 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.
Support, Risk & Stop-loss for Peach Property Group AG stock
Peach Property Group AG finds support from accumulated volume at 8.91 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved 0.1000 Fr between high and low, or 1.11%. For the last week the stock has had daily average volatility of 2.79%.
Peach Property Group 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: 8.48 Fr (-5.81%) (This stock has high daily movements and this gives high risk. Low RSI14 is 16 which reduces the risk some. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (PEAN.SW) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Peach Property Group AG to open at 9.03 Fr, and during the day (based on 14 day Average True Range), to move between 8.53 Fr and 9.47 Fr, which gives a possible trading interval of +/-0.473 Fr (+/-5.26%) up or down from last closing price. If Peach Property Group AG takes out the full calculated possible swing range there will be an estimated 10.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 8.91 Fr (1.00%) than the resistance at 9.10 Fr (1.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Peach Property Group AG stock A Buy?
Peach Property Group 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.800 Hold/Accumulate Upgraded
Predicted Opening Price for Peach Property Group AG of Thursday, April 25, 2024
Fair opening price April 25, 2024 | Current price |
---|---|
9.03 Fr ( 0.370%) | 9.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PEAN.SW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 9.13 | 1.48 % | |
R2 | 9.10 | 1.06 % | ||
R1 | 9.07 | 0.795 % | ||
Current price: | 9.00 | |||
Support | S1 | 9.00 | -0.0541 % | |
S2 | 8.97 | -0.316 % | ||
S3 | 8.93 | -0.741 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.30 | 14.44 % | |
R2 | 9.60 | 6.67 % | ||
R1 | 9.10 | 1.11 % | ||
Current price | 9.00 | |||
Support | S1 | 8.91 | -1.00% | |
S2 | 8.06 | -10.44% | ||
S3 | 7.72 | -14.22% |
PEAN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 24, 2022 | May 24, 2022 | May 24, 2022 | 0.330 Fr | 0.747% |
2 | May 31, 2021 | May 31, 2021 | May 31, 2021 | 0.300 Fr | 0.512% |
3 | Apr 02, 2012 | May 15, 2012 | May 21, 2012 | 0.300 Fr | 2.50% |
4 | Apr 06, 2011 | May 11, 2011 | May 16, 2011 | 1.00 Fr | 3.85% |
FAQ
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