Bank Polska Kasa Opieki S.A. Stock Forecast
Bank Polska Kasa Opieki S.A. stock price ended at 173.05zł on Friday, after gaining 1.79%.
(Updated on Apr 26, 2024)
The Bank Polska Kasa Opieki S.A. stock price gained 1.79% on the last trading day (Friday, 26th Apr 2024), rising from 170.00zł to 173.05zł. During the last trading day the stock fluctuated 1.52% from a day low at 170.55zł to a day high of 173.15zł. The price has risen in 6 of the last 10 days but is still down by -4.1% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 173 thousand more shares were traded than the day before. In total, 648 thousand shares were bought and sold for approximately 112.11zł million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 170.47zł is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.28% during the next 3 months and, with a 90% probability hold a price between 199.92zł and 230.49zł 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.
PEO.WA Signals & Forecast
Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Bank Polska Kasa Opieki S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 178.20zł and 178.19zł. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 08, 2024, and so far it has fallen -8.92%. 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).
Support, Risk & Stop-loss for Bank Polska Kasa Opieki S.A. stock
Bank Polska Kasa Opieki S.A. finds support from accumulated volume at 173.00zł 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 2.60zł between high and low, or 1.52%. For the last week, the stock has had daily average volatility of 2.48%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PEO.WA) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Bank Polska Kasa Opieki S.A. to open at 172.25zł, and during the day (based on 14 day Average True Range), to move between 167.44zł and 178.66zł, which gives a possible trading interval of +/-5.61zł (+/-3.24%) up or down from last closing price. If Bank Polska Kasa Opieki S.A. takes out the full calculated possible swing range there will be an estimated 6.49% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 173.00zł (0.03%) than the resistance at 173.85zł (0.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Bank Polska Kasa Opieki S.A. will release earnings BMO on Tuesday, April 30, 2024.The consensus among the analysts for the expected earnings (EPS) is $3.66. We will update the financials statements for Bank Polska Kasa Opieki S.A., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.78% in the first trading day after earnings release.
Is Bank Polska Kasa Opieki S.A. stock A Buy?
The Bank Polska Kasa Opieki S.A. stock holds several negative signals and despite the positive trend, we believe Bank Polska Kasa Opieki S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.334 Sell Candidate Unchanged
Predicted Opening Price for Bank Polska Kasa Opieki S.A. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 172.25zł ( 0.462%) | 173.05zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PEO.WA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 174.85 | 1.04 % | |
| R2 | 173.86 | 0.466 % | ||
| R1 | 173.24 | 0.112 % | ||
| Current price: | 173.05 | |||
| Support | S1 | 171.26 | -1.04 % | |
| S2 | 170.64 | -1.39 % | ||
| S3 | 169.65 | -1.96 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 174.60 | 0.90 % | |
| R2 | 174.30 | 0.722 % | ||
| R1 | 173.85 | 0.462 % | ||
| Current price | 173.05 | |||
| Support | S1 | 173.00 | -0.0289% | |
| S2 | 170.00 | -1.76% | ||
| S3 | 158.00 | -8.70% |
PEO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | Apr 23, 2024 | May 10, 2024 | 19.20zł | 11.11% |
| 2 | Jul 03, 2023 | Jul 03, 2023 | Jul 03, 2023 | 5.42zł | 5.07% |
| 3 | Jul 22, 2022 | Jul 22, 2022 | Jul 22, 2022 | 4.30zł | 5.98% |
| 4 | Sep 09, 2021 | Sep 09, 2021 | Sep 09, 2021 | 3.21zł | 3.08% |
| 5 | Jul 09, 2019 | Jul 09, 2019 | Jul 09, 2019 | 6.60zł | 6.27% |
FAQ
Click here for our free guide on how to buy Bank Polska Kasa Opieki S.A. Stock.
