Bank Polska Kasa Opieki S.A. Stock Forecast
Red day on Friday for Bank Polska Kasa Opieki S.A.
(Updated on May 10, 2024)
The Bank Polska Kasa Opieki S.A. stock price fell by -3.93% on the last day (Friday, 10th May 2024) from 171.55zł to 164.80zł. During the last trading day the stock fluctuated 4.68% from a day low at 164.60zł to a day high of 172.30zł. The price has fallen in 7 of the last 10 days and is down by -4.3% for this period. Volume has increased on the last day by 344 thousand 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, 817 thousand shares were bought and sold for approximately 134.69zł million.
Given the current short-term trend, the stock is expected to rise 6.25% during the next 3 months and, with a 90% probability hold a price between 175.09zł and 206.32zł at the end of this 3-month period.
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PEO.WA Signals & Forecast
There are few to no technical positive signals at the moment. 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. 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 169.79zł and 177.68zł. 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 -13.26%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Bank Polska Kasa Opieki S.A. stock
Bank Polska Kasa Opieki S.A. finds support from accumulated volume at 163.25zł 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 7.70zł between high and low, or 4.68%. For the last week, the stock has had daily average volatility of 2.86%.
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 13th
For the upcoming trading day on Monday, 13th we expect Bank Polska Kasa Opieki S.A. to open at 167.23zł, and during the day (based on 14 day Average True Range), to move between 159.53zł and 170.07zł, which gives a possible trading interval of +/-5.27zł (+/-3.20%) 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 6.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 163.25zł (0.94%) than the resistance at 170.00zł (3.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
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: -2.496 Sell Candidate Unchanged
Predicted Opening Price for Bank Polska Kasa Opieki S.A. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 167.23zł ( 1.48%) | 164.80zł |
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 | 174.93 | 6.15 % | |
| R2 | 171.99 | 4.36 % | ||
| R1 | 170.17 | 3.26 % | ||
| Current price: | 164.80 | |||
| Support | S1 | 164.29 | -0.308 % | |
| S2 | 162.47 | -1.41 % | ||
| S3 | 159.53 | -3.20 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 174.30 | 5.76 % | |
| R2 | 173.00 | 4.98 % | ||
| R1 | 170.00 | 3.16 % | ||
| Current price | 164.80 | |||
| Support | S1 | 163.25 | -0.94% | |
| S2 | 160.95 | -2.34% | ||
| S3 | 158.75 | -3.67% |
PEO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | Apr 23, 2024 | May 10, 2024 | 19.20zł | 11.65% |
| 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
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