Sebata Holdings Limited Stock Forecast
High volatility in Sebata Holdings Limited stock price on Friday which ended trading at $159.00
(Updated on Jun 14, 2024)
The Sebata Holdings Limited stock price gained 16.91% on the last trading day (Friday, 14th Jun 2024), rising from $136.00 to $159.00. During the last trading day the stock fluctuated 44.55% from a day low at $110.00 to a day high of $159.00. The price has fallen in 5 of the last 10 days and is down by -15.43% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 58 thousand more shares were traded than the day before. In total, 58 thousand shares were bought and sold for approximately $9.16 million.
The stock lies in the middle of a very wide and 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 -18.48% during the next 3 months and, with a 90% probability hold a price between $94.33 and $163.78 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
SEB.JO Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 34.75%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Sebata Holdings Limited 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 $179.20. On a fall, the stock will find some support from the short-term average at $148.29. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Sebata Holdings Limited stock
Sebata Holdings Limited finds support from accumulated volume at $155.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $49.00 between high and low, or 44.55%. For the last week, the stock has had daily average volatility of 14.20%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SEB.JO) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Sebata Holdings Limited to open at $142.67, and during the day (based on 14 day Average True Range), to move between $137.89 and $180.11, which gives a possible trading interval of +/-$21.11 (+/-13.28%) up or down from last closing price. If Sebata Holdings Limited takes out the full calculated possible swing range there will be an estimated 26.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $155.00 (2.52%) than the resistance at $166.00 (4.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Sebata Holdings Limited stock A Buy?
Sebata Holdings Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -2.421 Sell Candidate Upgraded
Predicted Opening Price for Sebata Holdings Limited of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $142.67 ( 10.27%) | $159.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SEB.JO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 191.67 | 20.55% |
| R2 | 172.95 | 8.77% |
| R1 | 161.38 | 1.50% |
| Price | 159.00 | |
| S1 | 123.95 | -22.04% |
| S2 | 112.38 | -29.32% |
| S3 | 93.67 | -41.09% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 188.00 | 18.24% |
| R2 | 180.00 | 13.21% |
| R1 | 166.00 | 4.40% |
| Price | 159.00 | |
| S1 | 155.00 | -2.52% |
| S2 | 147.00 | -7.55% |
| S3 | 140.00 | -11.95% |
SEB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Oct 18, 2023 | Oct 18, 2023 | Oct 18, 2023 | $25.00 | 12.44% |
| 2 | Apr 18, 2018 | Apr 18, 2018 | Apr 18, 2018 | $300.00 | 33.71% |
| 3 | Jun 13, 2017 | Jun 13, 2017 | Jun 13, 2017 | $55.00 | 0.0491% |
| 4 | Jun 10, 2016 | Jun 10, 2016 | Jun 10, 2016 | $43.00 | 4.52% |
| 5 | Jun 12, 2015 | Jun 12, 2015 | Jun 12, 2015 | $35.00 | 0.0189% |
FAQ
Click here for our free guide on how to buy Sebata Holdings Limited Stock.
