Rejlers AB (publ) 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
Rejlers AB (publ) stock price down 0% on Monday
(Updated on May 06, 2024)
No changes to the price of Rejlers AB (publ) stock on the last trading day (Monday, 6th May 2024). During the last trading day the stock fluctuated 0% from a day low at kr140.40 to a day high of kr140.40. The price has been going up and down for this period, and there has been a 4.78% gain for the last 2 weeks.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.83% during the next 3 months and, with a 90% probability hold a price between kr140.11 and kr158.73 at the end of this 3-month period.
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REJL-B.ST Signals & Forecast
There are mixed signals in the stock today. The Rejlers AB (publ) 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 kr141.46 and kr141.66. A break-up above any of these levels will issue buy signals. 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 buy signal was issued from a pivot bottom point on Friday, May 03, 2024, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for Rejlers AB (publ) stock
Rejlers AB (publ) finds support from accumulated volume at kr140.00 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 kr0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.54%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (REJL-B.ST) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Rejlers AB (publ) to open at kr140.40, and during the day (based on 14 day Average True Range), to move between kr136.05 and kr144.75, which gives a possible trading interval of +/-kr4.35 (+/-3.10%) up or down from last closing price. If Rejlers AB (publ) takes out the full calculated possible swing range there will be an estimated 6.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr140.50 (0.07%) than the support at kr140.00 (0.28%), 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.
Is Rejlers AB (publ) stock A Buy?
Rejlers AB (publ) holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.808 Sell Candidate Unchanged
Predicted Opening Price for Rejlers AB (publ) of Tuesday, May 7, 2024
Fair opening price May 7, 2024 | Current price |
---|---|
kr140.40 ( 0%) | kr140.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for REJL-B.ST
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 140.40 | . | |
R2 | 140.40 | . | ||
R1 | 140.40 | . | ||
Current price: | 140.40 | |||
Support | S1 | 140.40 | . | |
S2 | 140.40 | . | ||
S3 | 140.40 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 142.00 | 1.14 % | |
R2 | 141.00 | 0.427 % | ||
R1 | 140.50 | 0.0712 % | ||
Current price | 140.40 | |||
Support | S1 | 140.00 | -0.285% | |
S2 | 138.00 | -1.71% | ||
S3 | 133.50 | -4.91% |
REJL-B Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 26, 2024 | Apr 26, 2024 | May 03, 2024 | kr4.50 | 3.21% |
2 | Apr 21, 2023 | Apr 21, 2023 | Apr 21, 2023 | kr4.50 | 2.88% |
3 | Apr 22, 2022 | Apr 22, 2022 | Apr 22, 2022 | kr3.00 | 2.07% |
4 | Oct 04, 2021 | Oct 04, 2021 | Oct 04, 2021 | kr3.50 | 2.30% |
5 | Apr 23, 2020 | Apr 23, 2020 | Apr 23, 2020 | kr1.50 | 1.54% |
FAQ
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