K+S Aktiengesellschaft Stock Forecast
K+S Aktiengesellschaft stock price down 0.119% on Tuesday
(Updated on Jul 02, 2024)
The K+S Aktiengesellschaft stock price fell by -0.119% on the last day (Tuesday, 2nd Jul 2024) from 12.59€ to 12.58€. During the last trading day the stock fluctuated 1.00% from a day low at 12.53€ to a day high of 12.66€. The price has risen in 7 of the last 10 days and is up by 1.45% over the past 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 -274 thousand shares and in total, 370 thousand shares were bought and sold for approximately 4.65€ million.
The stock lies in the middle of a 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 -13.16% during the next 3 months and, with a 90% probability hold a price between 10.41€ and 11.43€ 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.
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SDF.DE Signals & Forecast
There are mixed signals in the stock today. The K+S Aktiengesellschaft 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 12.58€ and 13.04€. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 2.44%. 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 K+S Aktiengesellschaft stock
K+S Aktiengesellschaft finds support from accumulated volume at 12.40€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.125€ (1.00%) between high and low. For the last week, the stock has had daily average volatility of 1.80%.
Our recommended stop-loss: 11.90€ (-5.39%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)
Trading Expectations (SDF.DE) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect K+S Aktiengesellschaft to open at 12.59€, and during the day (based on 14 day Average True Range), to move between 12.30€ and 12.85€, which gives a possible trading interval of +/-0.273€ (+/-2.17%) up or down from last closing price. If K+S Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 4.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 12.40€ (1.43%) than the resistance at 13.80€ (9.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is K+S Aktiengesellschaft stock A Buy?
K+S Aktiengesellschaft 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.
Current score: -0.756 Hold/Accumulate Unchanged
Predicted Opening Price for K+S Aktiengesellschaft of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 12.59€ ( 0.0928%) | 12.58€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SDF.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.71 | 1.09% |
| R2 | 12.66 | 0.707% |
| R1 | 12.63 | 0.472% |
| Price | 12.58 | |
| S1 | 12.54 | -0.287% |
| S2 | 12.51 | -0.522% |
| S3 | 12.46 | -0.90% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14.03 | 11.53% |
| R2 | 14.02 | 11.45% |
| R1 | 13.80 | 9.70% |
| Price | 12.58 | |
| S1 | 12.40 | -1.43% |
| S2 | 12.39 | -1.47% |
| S3 | 12.32 | -2.03% |
SDF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 15, 2024 | May 15, 2024 | May 17, 2024 | 0.700€ | 5.24% |
| 2 | May 11, 2023 | May 11, 2023 | May 11, 2023 | 1.00€ | 6.18% |
| 3 | May 13, 2022 | May 13, 2022 | May 13, 2022 | 0.200€ | 0.672% |
| 4 | Mar 12, 2020 | Jun 11, 2020 | Jun 15, 2020 | 0.0400€ | 0.639% |
| 5 | May 13, 2020 | May 13, 2020 | May 13, 2020 | 0.150€ | 2.86% |
FAQ
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