Schindler Holding AG Stock Forecast
Schindler Holding AG stock price up 0.0887% on Friday
(Updated on Jun 28, 2024)
The Schindler Holding AG stock price gained 0.0887% on the last trading day (Friday, 28th Jun 2024), rising from 225.60 Fr to 225.80 Fr. During the last trading day the stock fluctuated 0.98% from a day low at 225.60 Fr to a day high of 227.80 Fr. The price has been going up and down for this period, and there has been a -4.08% loss for the last 2 weeks. Volume fell on the last day by -40 thousand shares and in total, 87 thousand shares were bought and sold for approximately 19.73 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 223.48 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 3.60% during the next 3 months and, with a 90% probability hold a price between 231.53 Fr and 253.55 Fr at the end of this 3-month period.
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SCHP.SW Signals & Forecast
The Schindler Holding 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 228.63 Fr and 234.79 Fr. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 1.16%. Further rise is indicated until a new top pivot has been found. 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.
Support, Risk & Stop-loss for Schindler Holding AG stock
Schindler Holding AG finds support from accumulated volume at 225.60 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 2.20 Fr between high and low, or 0.98%. For the last week the stock has had daily average volatility of 2.55%.
Our recommended stop-loss: 213.06 Fr (-5.64%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 25 days ago.)
Trading Expectations (SCHP.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Schindler Holding AG to open at 226.40 Fr, and during the day (based on 14 day Average True Range), to move between 221.76 Fr and 229.84 Fr, which gives a possible trading interval of +/-4.04 Fr (+/-1.79%) up or down from last closing price. If Schindler Holding AG takes out the full calculated possible swing range there will be an estimated 3.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 225.60 Fr (0.09%) than the resistance at 233.60 Fr (3.45%), 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?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.146 Buy Candidate Unchanged
Predicted Opening Price for Schindler Holding AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 226.40 Fr ( 0.266%) | 225.80 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 | 228.60 | 1.24% |
| R2 | 227.76 | 0.87% |
| R1 | 227.24 | 0.638% |
| Price | 225.80 | |
| S1 | 225.56 | -0.106% |
| S2 | 225.04 | -0.336% |
| S3 | 224.20 | -0.709% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 237.60 | 5.23% |
| R2 | 235.40 | 4.25% |
| R1 | 233.60 | 3.45% |
| Price | 225.80 | |
| S1 | 225.60 | -0.0886% |
| S2 | 225.00 | -0.354% |
| S3 | 224.20 | -0.709% |
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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