SFS Group AG Stock Forecast
SFS Group AG stock downgraded from Hold/Accumulate to Sell Candidate after Friday trading session.
(Updated on May 03, 2024)
The SFS Group AG stock price gained 1.28% on the last trading day (Friday, 3rd May 2024), rising from 109.20 Fr to 110.60 Fr. During the last trading day the stock fluctuated 2.39% from a day low at 109.00 Fr to a day high of 111.60 Fr. The price has been going up and down for this period, and there has been a -0.18% loss for the last 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 15 thousand shares were bought and sold for approximately 1.67 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 wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 109.29 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 4.55% during the next 3 months and, with a 90% probability hold a price between 114.26 Fr and 128.02 Fr 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.
SFSN.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 1.28%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The SFS Group 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 110.63 Fr and 114.75 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).
Support, Risk & Stop-loss for SFS Group AG stock
SFS Group AG finds support from accumulated volume at 110.40 Fr 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 2.60 Fr (2.39%) between high and low. For the last week, the stock has had daily average volatility of 1.76%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SFSN.SW) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect SFS Group AG to open at 110.40 Fr, and during the day (based on 14 day Average True Range), to move between 108.45 Fr and 112.75 Fr, which gives a possible trading interval of +/-2.15 Fr (+/-1.95%) up or down from last closing price. If SFS Group AG takes out the full calculated possible swing range there will be an estimated 3.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 110.40 Fr (0.18%) than the resistance at 113.40 Fr (2.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SFS Group AG stock A Buy?
The SFS Group AG stock holds several negative signals and despite the positive trend, we believe SFS Group 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: -1.331 Sell Candidate Downgraded
Predicted Opening Price for SFS Group AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 110.40 Fr ( 0.181%) | 110.60 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SFSN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 113.00 | 2.17 % | |
| R2 | 112.01 | 1.27 % | ||
| R1 | 111.39 | 0.717 % | ||
| Current price: | 110.60 | |||
| Support | S1 | 109.41 | -1.08 % | |
| S2 | 108.79 | -1.63 % | ||
| S3 | 107.80 | -2.53 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 119.40 | 7.96 % | |
| R2 | 115.40 | 4.34 % | ||
| R1 | 113.40 | 2.53 % | ||
| Current price | 110.60 | |||
| Support | S1 | 110.40 | -0.181% | |
| S2 | 110.00 | -0.542% | ||
| S3 | 109.80 | -0.723% |
SFSN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 26, 2024 | Apr 26, 2024 | Apr 30, 2024 | 2.50 Fr | 2.29% |
| 2 | Apr 28, 2023 | Apr 28, 2023 | May 03, 2023 | 1.25 Fr | 1.05% |
| 3 | Apr 29, 2022 | Apr 29, 2022 | Apr 29, 2022 | 2.20 Fr | 1.79% |
| 4 | Apr 28, 2021 | Apr 28, 2021 | Apr 28, 2021 | 1.80 Fr | 1.47% |
| 5 | Mar 06, 2020 | Apr 28, 2020 | Apr 30, 2020 | 1.80 Fr | 2.35% |
FAQ
Click here for our free guide on how to buy SFS Group AG Stock.
