SFS Group AG Stock Forecast
Evaluation of SFS Group AG stock downgraded after the last trading session.
(Updated on May 17, 2024)
The SFS Group AG stock price fell by -0.524% on the last day (Friday, 17th May 2024) from 114.40 Fr to 113.80 Fr. During the last trading day the stock fluctuated 1.41% from a day low at 113.40 Fr to a day high of 115.00 Fr. The price has risen in 8 of the last 10 days and is up by 4.21% over the past 2 weeks. Volume has increased on the last day by 1 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 16 thousand shares were bought and sold for approximately 1.84 Fr million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect SFS Group AG stock with a 90% probability to be traded between 110.29 Fr and 121.65 Fr at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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SFSN.SW Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. On corrections up, there will be some resistance from the lines at 114.29 Fr and 113.91 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -1.56%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for SFS Group AG stock
SFS Group AG finds support from accumulated volume at 113.40 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 1.60 Fr between high and low, or 1.41%. For the last week the stock has had daily average volatility of 1.83%.
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 Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect SFS Group AG to open at 114.07 Fr, and during the day (based on 14 day Average True Range), to move between 111.79 Fr and 115.81 Fr, which gives a possible trading interval of +/-2.01 Fr (+/-1.77%) up or down from last closing price. If SFS Group AG takes out the full calculated possible swing range there will be an estimated 3.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 113.40 Fr (0.35%) than the resistance at 115.40 Fr (1.41%), 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?
SFS Group AG holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore 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 Buy to a Sell candidate.
Current score: -1.753 Sell Candidate Downgraded
Predicted Opening Price for SFS Group AG of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| 114.07 Fr ( 0.234%) | 113.80 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 | 115.67 | 1.64 % | |
| R2 | 115.06 | 1.10 % | ||
| R1 | 114.68 | 0.771 % | ||
| Current price: | 113.80 | |||
| Support | S1 | 113.46 | -0.303 % | |
| S2 | 113.08 | -0.635 % | ||
| S3 | 112.47 | -1.17 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 119.40 | 4.92 % | |
| R2 | 115.60 | 1.58 % | ||
| R1 | 115.40 | 1.41 % | ||
| Current price | 113.80 | |||
| Support | S1 | 113.40 | -0.351% | |
| S2 | 112.60 | -1.05% | ||
| S3 | 111.20 | -2.28% |
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
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