Scherzer & Co. 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
Stronger technical forecast for Scherzer & Co. AG stock price after Friday trading.
(Updated on Jun 14, 2024)
No changes to the price of Scherzer & Co. AG stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at 2.26€ to a day high of 2.26€. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 2.29€ will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Scherzer & Co. AG stock with a 90% probability to be traded between 2.11€ and 2.30€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
PZS.DE Signals & Forecast
The Scherzer & Co. AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 2.26€. On a fall, the stock will find some support from the long-term average at approximately 2.20€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Wednesday, June 12, 2024, and so far it has fallen -0.88%. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Wednesday, June 12, 2024 and based on theory for this formation the price should fall by -12.15% to 1.99€ within 44 trading days since signal was issued (Monday, June 17, 2024).
Support, Risk & Stop-loss for Scherzer & Co. AG stock
Scherzer & Co. AG finds support from accumulated volume at 2.24€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.177%
Our recommended stop-loss: 2.16€ (-4.23%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (PZS.DE) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Scherzer & Co. AG to open at 2.26€, and during the day (based on 14 day Average True Range), to move between 2.24€ and 2.28€, which gives a possible trading interval of +/-0.0206€ (+/-0.91%) up or down from last closing price. If Scherzer & Co. AG takes out the full calculated possible swing range there will be an estimated 1.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 2.24€ (0.88%) than the resistance at 2.28€ (0.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Scherzer & Co. AG stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Scherzer & Co. AG stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.177 Buy Candidate Upgraded
Predicted Opening Price for Scherzer & Co. AG of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 2.26€ ( 0%) | 2.26€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PZS.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.26 | - |
| R2 | 2.26 | - |
| R1 | 2.26 | - |
| Price | 2.26 | |
| S1 | 2.26 | - |
| S2 | 2.26 | - |
| S3 | 2.26 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 2.28 | 0.88% |
| Price | 2.26 | |
| S1 | 2.24 | -0.88% |
| S2 | 2.18 | -3.54% |
| S3 | 2.12 | -6.19% |
PZS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 24, 2022 | May 24, 2022 | May 24, 2022 | 0.0500€ | 1.59% |
| 2 | May 28, 2021 | May 28, 2021 | May 28, 2021 | 0.0500€ | 1.70% |
| 3 | Mar 16, 2018 | Jun 05, 2018 | Jun 07, 2018 | 0.100€ | 3.50% |
| 4 | Mar 31, 2017 | May 30, 2017 | Jun 01, 2017 | 0.0500€ | 1.92% |
| 5 | Apr 04, 2016 | Jun 01, 2016 | Jun 01, 2016 | 0.0500€ | 3.03% |
FAQ
Click here for our free guide on how to buy Scherzer & Co. AG Stock.
