PSP Swiss Property 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
Evaluation of PSP Swiss Property AG stock downgraded after the last trading session.
(Updated on May 03, 2024)
The PSP Swiss Property AG stock price fell by -0.175% on the last day (Friday, 3rd May 2024) from 114.40 Fr to 114.20 Fr. During the last trading day the stock fluctuated 0.88% from a day low at 113.80 Fr to a day high of 114.80 Fr. The price has fallen in 6 of the last 10 days and is down by -2.23% for this period. Volume has increased on the last day by 11 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, 103 thousand shares were bought and sold for approximately 11.79 Fr million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect PSP Swiss Property AG stock with a 90% probability to be traded between 114.18 Fr and 122.02 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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PSPN.SW Signals & Forecast
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. The PSP Swiss Property 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 114.53 Fr and 115.45 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -2.31%. Further fall is indicated until a new bottom pivot has been found. 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 PSP Swiss Property AG stock
PSP Swiss Property AG finds support from accumulated volume at 114.00 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.00 Fr between high and low, or 0.88%. For the last week the stock has had daily average volatility of 0.95%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PSPN.SW) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect PSP Swiss Property AG to open at 114.27 Fr, and during the day (based on 14 day Average True Range), to move between 112.76 Fr and 115.64 Fr, which gives a possible trading interval of +/-1.44 Fr (+/-1.26%) up or down from last closing price. If PSP Swiss Property AG takes out the full calculated possible swing range there will be an estimated 2.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 114.40 Fr (0.18%) than the support at 114.00 Fr (0.18%), 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.
Earnings coming up
PSP Swiss Property AG will release earnings BMO on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.33. We will update the financials statements for PSP Swiss Property AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.26% in the first trading day after earnings release.
Is PSP Swiss Property AG stock A Buy?
PSP Swiss Property AG holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. 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 Sell candidate.
Current score: -1.366 Sell Candidate Downgraded
Predicted Opening Price for PSP Swiss Property AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 114.27 Fr ( 0.0584%) | 114.20 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PSPN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 115.27 | 0.93 % | |
| R2 | 114.88 | 0.600 % | ||
| R1 | 114.65 | 0.393 % | ||
| Current price: | 114.20 | |||
| Support | S1 | 113.88 | -0.276 % | |
| S2 | 113.65 | -0.483 % | ||
| S3 | 113.27 | -0.82 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 114.90 | 0.613 % | |
| R2 | 114.50 | 0.263 % | ||
| R1 | 114.40 | 0.175 % | ||
| Current price | 114.20 | |||
| Support | S1 | 114.00 | -0.175% | |
| S2 | 113.60 | -0.525% | ||
| S3 | 113.50 | -0.613% |
PSPN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 08, 2024 | Apr 08, 2024 | Apr 10, 2024 | 3.85 Fr | 3.44% |
| 2 | Apr 11, 2023 | Apr 11, 2023 | Apr 11, 2023 | 3.80 Fr | 3.71% |
| 3 | Apr 04, 2022 | Apr 04, 2022 | Apr 04, 2022 | 3.75 Fr | 3.09% |
| 4 | Apr 06, 2021 | Apr 06, 2021 | Apr 06, 2021 | 3.65 Fr | 3.22% |
| 5 | Feb 25, 2020 | Apr 15, 2020 | Apr 17, 2020 | 3.60 Fr | 3.14% |
FAQ
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