Raiffeisen Bank International AG Stock Forecast
Raiffeisen Bank International AG stock price ended at 16.22€ on Friday, after gaining 0.247%.
(Updated on Jun 28, 2024)
The Raiffeisen Bank International AG stock price gained 0.247% on the last trading day (Friday, 28th Jun 2024), rising from 16.18€ to 16.22€. During the last trading day the stock fluctuated 2.88% from a day low at 16.00€ to a day high of 16.46€. The price has risen in 6 of the last 10 days and is up by 2.92% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 10 thousand shares were bought and sold for approximately 168.64€ thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.34% during the next 3 months and, with a 90% probability hold a price between 13.66€ and 15.20€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
RAW.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 2.92%. Further rise is indicated until a new top pivot has been found. 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 Raiffeisen Bank International 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 16.48€ and 16.84€. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Raiffeisen Bank International AG stock
Raiffeisen Bank International AG finds support from accumulated volume at 16.18€ 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 controlled movements and therefore the general risk is considered 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 0.460€ between high and low, or 2.88%. For the last week the stock has had daily average volatility of 1.20%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RAW.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Raiffeisen Bank International AG to open at 16.23€, and during the day (based on 14 day Average True Range), to move between 15.85€ and 16.59€, which gives a possible trading interval of +/-0.370€ (+/-2.28%) up or down from last closing price. If Raiffeisen Bank International AG takes out the full calculated possible swing range there will be an estimated 4.56% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 16.18€ (0.25%) than the resistance at 17.18€ (5.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Raiffeisen Bank International AG stock A Buy?
Raiffeisen Bank International AG holds several negative signals and is within a wide and 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.
Current score: -1.483 Sell Candidate Unchanged
Predicted Opening Price for Raiffeisen Bank International AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 16.23€ ( 0.0411%) | 16.22€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RAW.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16.69 | 2.88% |
| R2 | 16.51 | 1.79% |
| R1 | 16.40 | 1.12% |
| Price | 16.22 | |
| S1 | 16.05 | -1.04% |
| S2 | 15.94 | -1.71% |
| S3 | 15.77 | -2.79% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.61 | 14.73% |
| R2 | 18.11 | 11.65% |
| R1 | 17.18 | 5.92% |
| Price | 16.22 | |
| S1 | 16.18 | -0.247% |
| S2 | 16.10 | -0.740% |
| S3 | 15.76 | -2.84% |
RAW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 09, 2024 | Apr 09, 2024 | Apr 11, 2024 | 1.25€ | 0% |
| 2 | Nov 24, 2023 | Nov 24, 2023 | Nov 28, 2023 | 0.80€ | 0% |
| 3 | Apr 05, 2022 | Apr 05, 2022 | Apr 05, 2022 | 1.15€ | 0% |
| 4 | Nov 15, 2021 | Nov 15, 2021 | Nov 15, 2021 | 0.750€ | 0% |
| 5 | Apr 28, 2021 | Apr 28, 2021 | Apr 28, 2021 | 0.480€ | 0% |
FAQ
Click here for our free guide on how to buy Raiffeisen Bank International AG Stock.
