Peach Property Group 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
Peach Property Group AG stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 03, 2024)
The Peach Property Group AG stock price fell by -1.40% on the last day (Friday, 3rd May 2024) from 10.00 Fr to 9.86 Fr. During the last trading day the stock fluctuated 2.74% from a day low at 9.85 Fr to a day high of 10.12 Fr. The price has fallen in 6 of the last 10 days but is still up by 7.64% over the past 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 -12 thousand shares and in total, 25 thousand shares were bought and sold for approximately 244.84 Fr thousand.
The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Peach Property Group AG stock with a 90% probability to be traded between 7.87 Fr and 12.13 Fr at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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PEAN.SW Signals & Forecast
The Peach Property Group AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 9.45 Fr and 9.74 Fr. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -17.70%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for Peach Property Group AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 9.10 Fr and 8.91 Fr. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Peach Property Group AG finds support just below today's level at 9.10 Fr. If this is broken, then the next support from accumulated volume will be at 8.91 Fr and 8.06 Fr.
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 0.270 Fr between high and low, or 2.74%. For the last week the stock has had daily average volatility of 4.46%.
Our recommended stop-loss: 9.37 Fr (-4.92%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 23 days ago.)
Trading Expectations (PEAN.SW) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Peach Property Group AG to open at 9.94 Fr, and during the day (based on 14 day Average True Range), to move between 9.41 Fr and 10.31 Fr, which gives a possible trading interval of +/-0.452 Fr (+/-4.58%) 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 9.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 10.00 Fr (1.42%) than the support at 9.10 Fr (7.71%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Peach Property Group AG stock A Buy?
Peach Property Group AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. 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 Hold/Accumulate candidate.
Current score: -0.557 Hold/Accumulate Downgraded
Predicted Opening Price for Peach Property Group AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 9.94 Fr ( 0.85%) | 9.86 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 | 10.21 | 3.58 % | |
| R2 | 10.11 | 2.54 % | ||
| R1 | 10.05 | 1.89 % | ||
| Current price: | 9.86 | |||
| Support | S1 | 9.84 | -0.201 % | |
| S2 | 9.78 | -0.85 % | ||
| S3 | 9.67 | -1.89 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.98 | 21.50 % | |
| R2 | 10.30 | 4.46 % | ||
| R1 | 10.00 | 1.42 % | ||
| Current price | 9.86 | |||
| Support | S1 | 9.10 | -7.71% | |
| S2 | 8.91 | -9.63% | ||
| S3 | 8.06 | -18.26% |
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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