Schweizer Electronic AG Stock Forecast
Schweizer Electronic AG stock downgraded to Sell Candidate
(Updated on May 31, 2024)
The Schweizer Electronic AG stock price fell by -0.86% on the last day (Friday, 31st May 2024) from 5.80€ to 5.75€. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 0.87% from a day low at 5.75€ to a day high of 5.80€. The price has been going up and down for this period, and there has been a -4.17% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -75 shares and in total, 500 shares were bought and sold for approximately 2.88€ thousand.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 5.71€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.09% during the next 3 months and, with a 90% probability hold a price between 6.28€ and 6.79€ at the end of this 3-month period.
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SCE.DE Signals & Forecast
There are few to no technical positive signals at the moment. The Schweizer Electronic AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 5.90€ and 5.79€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 14, 2024, and so far it has fallen -4.96%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Schweizer Electronic AG stock
Schweizer Electronic AG finds support from accumulated volume at 5.60€ 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 0.0500€ between high and low, or 0.87%. For the last week the stock has had daily average volatility of 0.86%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SCE.DE) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Schweizer Electronic AG to open at 5.77€, and during the day (based on 14 day Average True Range), to move between 5.65€ and 5.85€, which gives a possible trading interval of +/-0.101€ (+/-1.76%) up or down from last closing price. If Schweizer Electronic AG takes out the full calculated possible swing range there will be an estimated 3.53% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 5.76€ (0.17%) than the support at 5.60€ (2.61%), 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 Schweizer Electronic AG stock A Buy?
The Schweizer Electronic AG stock holds several negative signals and despite the positive trend, we believe Schweizer Electronic AG will perform weakly in the next couple of days or weeks. Therefore, we 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 Hold/Accumulate to a Sell candidate.
Current score: -2.959 Sell Candidate Downgraded
Predicted Opening Price for Schweizer Electronic AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 5.77€ ( 0.290%) | 5.75€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SCE.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.82 | 1.16 % | |
| R2 | 5.80 | 0.83 % | ||
| R1 | 5.79 | 0.622 % | ||
| Current price: | 5.75 | |||
| Support | S1 | 5.75 | -0.0423 % | |
| S2 | 5.74 | -0.248 % | ||
| S3 | 5.72 | -0.580 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.05 | 5.22 % | |
| R2 | 6.00 | 4.35 % | ||
| R1 | 5.76 | 0.174 % | ||
| Current price | 5.75 | |||
| Support | S1 | 5.60 | -2.61% | |
| S2 | 5.50 | -4.35% | ||
| S3 | 5.16 | -10.26% |
SCE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 02, 2018 | Jul 02, 2018 | Jul 02, 2018 | 0.300€ | 1.53% |
| 2 | Jul 10, 2017 | Jul 10, 2017 | Jul 10, 2017 | 0.650€ | 2.72% |
| 3 | Jul 04, 2016 | Jul 04, 2016 | Jul 04, 2016 | 0.650€ | 3.36% |
| 4 | Jul 06, 2015 | Jul 06, 2015 | Jul 06, 2015 | 0.650€ | 2.73% |
| 5 | Jul 07, 2014 | Jul 07, 2014 | Jul 07, 2014 | 0.600€ | 2.29% |
FAQ
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