Schindler Holding AG Stock Forecast
Schindler Holding AG stock upgraded to Hold/Accumulate.
(Updated on Jun 24, 2024)
The Schindler Holding AG stock price gained 0.602% on the last trading day (Monday, 24th Jun 2024), rising from 232.60 Fr to 234.00 Fr. During the last trading day the stock fluctuated 2.18% from a day low at 229.40 Fr to a day high of 234.40 Fr. The price has been going up and down for this period, and there has been a 0.17% gain for the last 2 weeks. Volume fell on the last day by -57 thousand shares and in total, 86 thousand shares were bought and sold for approximately 20.04 Fr million. 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 lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 231.26 Fr 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 5.29% during the next 3 months and, with a 90% probability hold a price between 243.49 Fr and 258.49 Fr at the end of this 3-month period.
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SCHP.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 1.30%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Schindler Holding AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 235.93 Fr. On a fall, the stock will find some support from the short-term average at 233.97 Fr. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Schindler Holding AG stock
Schindler Holding AG finds support from accumulated volume at 233.60 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 5.00 Fr between high and low, or 2.18%. For the last week the stock has had daily average volatility of 1.87%.
Our recommended stop-loss: 221.14 Fr (-5.49%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (SCHP.SW) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect Schindler Holding AG to open at 232.60 Fr, and during the day (based on 14 day Average True Range), to move between 230.67 Fr and 237.33 Fr, which gives a possible trading interval of +/-3.33 Fr (+/-1.42%) up or down from last closing price. If Schindler Holding AG takes out the full calculated possible swing range there will be an estimated 2.85% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 233.60 Fr (0.17%) than the resistance at 235.40 Fr (0.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Schindler Holding AG stock A Buy?
Schindler Holding AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.350 Hold/Accumulate Upgraded
Predicted Opening Price for Schindler Holding AG of Tuesday, June 25, 2024
| Fair opening price June 25, 2024 | Current price |
|---|---|
| 232.60 Fr ( 0.598%) | 234.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SCHP.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 237.60 | 1.54% |
| R2 | 235.69 | 0.722% |
| R1 | 234.51 | 0.218% |
| Price | 234.00 | |
| S1 | 230.69 | -1.41% |
| S2 | 229.51 | -1.92% |
| S3 | 227.60 | -2.74% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 239.40 | 2.31% |
| R2 | 237.60 | 1.54% |
| R1 | 235.40 | 0.598% |
| Price | 234.00 | |
| S1 | 233.60 | -0.171% |
| S2 | 232.60 | -0.598% |
| S3 | 224.20 | -4.19% |
SCHP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2024 | Mar 21, 2024 | Mar 25, 2024 | 5.00 Fr | 2.16% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Apr 03, 2023 | 4.00 Fr | 2.00% |
| 3 | Mar 24, 2022 | Mar 24, 2022 | Mar 24, 2022 | 4.00 Fr | 1.98% |
| 4 | Mar 25, 2021 | Mar 25, 2021 | Mar 25, 2021 | 4.00 Fr | 1.49% |
| 5 | Feb 14, 2020 | Mar 23, 2020 | Mar 25, 2020 | 4.00 Fr | 1.91% |
FAQ
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