Pricer AB (publ) Stock Forecast
Stronger technical forecast for Pricer AB (publ) stock price after Friday trading.
(Updated on Apr 26, 2024)
No changes to the price of Pricer AB (publ) stock on the last trading day (Friday, 26th Apr 2024). During the last trading day the stock fluctuated 4.09% from a day low at kr11.26 to a day high of kr11.72. The price has fallen in 6 of the last 10 days but is still up by 19.3% over the past 2 weeks.
The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at kr11.60 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 28.38% during the next 3 months and, with a 90% probability hold a price between kr11.92 and kr14.89 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.
PRIC-B.ST Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen 0%. 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 fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The Pricer AB (publ) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at kr10.06 and kr9.66. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Pricer AB (publ) stock
On the downside, the stock finds support just below today's level from accumulated volume at kr10.10 and kr8.98. 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, Pricer AB (publ) finds support just below today's level at kr10.10. If this is broken, then the next support from accumulated volume will be at kr8.98 and kr8.81.
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 kr0.460 between high and low, or 4.09%. For the last week, the stock has had daily average volatility of 4.65%.
Our recommended stop-loss: kr11.13 (-3.76%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (PRIC-B.ST) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Pricer AB (publ) to open at kr11.51, and during the day (based on 14 day Average True Range), to move between kr11.07 and kr12.05, which gives a possible trading interval of +/-kr0.486 (+/-4.20%) up or down from last closing price. If Pricer AB (publ) takes out the full calculated possible swing range there will be an estimated 8.40% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ kr10.10, some kr1.46 (12.63%) from the current price of kr11.56, our system finds the risk reward attractive.
Is Pricer AB (publ) stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Pricer AB (publ) stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.741 Buy Candidate Upgraded
Predicted Opening Price for Pricer AB (publ) of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| kr11.51 ( 0.404%) | kr11.56 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PRIC-B.ST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.97 | 3.58 % | |
| R2 | 11.80 | 2.06 % | ||
| R1 | 11.69 | 1.12 % | ||
| Current price: | 11.56 | |||
| Support | S1 | 11.34 | -1.92 % | |
| S2 | 11.23 | -2.86 % | ||
| S3 | 11.05 | -4.38 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 11.56 | |||
| Support | S1 | 10.10 | -12.63% | |
| S2 | 8.98 | -22.32% | ||
| S3 | 8.81 | -23.79% |
PRIC-B Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 02, 2022 | Nov 02, 2022 | Nov 02, 2022 | kr1.00 | 6.26% |
| 2 | May 12, 2022 | May 12, 2022 | May 12, 2022 | kr1.00 | 6.93% |
| 3 | Nov 02, 2021 | Nov 02, 2021 | Nov 02, 2021 | kr0.500 | 2.19% |
| 4 | Apr 30, 2021 | Apr 30, 2021 | Apr 30, 2021 | kr0.500 | 1.64% |
| 5 | Nov 05, 2020 | Nov 05, 2020 | Nov 05, 2020 | kr0.400 | 1.62% |
FAQ
Click here for our free guide on how to buy Pricer AB (publ) Stock.
