Siegfried Holding AG Stock Forecast
Siegfried Holding AG stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on Apr 26, 2024)
The Siegfried Holding AG stock price gained 0.690% on the last trading day (Friday, 26th Apr 2024), rising from 870.00 Fr to 876.00 Fr. During the last trading day the stock fluctuated 1.27% from a day low at 865.00 Fr to a day high of 876.00 Fr. The price has fallen in 6 of the last 10 days and is down by -1.24% for this period. Volume fell on the last day by -757 shares and in total, 4 thousand shares were bought and sold for approximately 3.61 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 is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 870.18 Fr will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Siegfried Holding AG stock with a 90% probability to be traded between 880.69 Fr and 961.70 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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SFZN.SW Signals & Forecast
The Siegfried 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 879.57 Fr and 899.46 Fr. A break-up above any of these levels will issue buy signals. 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 Thursday, April 25, 2024, and so far it has risen 0.690%. 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). 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 Siegfried Holding AG stock
Siegfried Holding AG finds support from accumulated volume at 871.00 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 11.00 Fr between high and low, or 1.27%. For the last week the stock has had daily average volatility of 1.56%.
Our recommended stop-loss: 828.36 Fr (-5.44%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)
Trading Expectations (SFZN.SW) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Siegfried Holding AG to open at 872.33 Fr, and during the day (based on 14 day Average True Range), to move between 857.78 Fr and 894.22 Fr, which gives a possible trading interval of +/-18.22 Fr (+/-2.08%) up or down from last closing price. If Siegfried Holding AG takes out the full calculated possible swing range there will be an estimated 4.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 877.00 Fr (0.11%) than the support at 871.00 Fr (0.57%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Siegfried 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.361 Buy Candidate Upgraded
Predicted Opening Price for Siegfried Holding AG of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| 872.33 Fr ( 0.419%) | 876.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SFZN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 883.33 | 0.84 % | |
| R2 | 879.13 | 0.357 % | ||
| R1 | 876.54 | 0.0611 % | ||
| Current price: | 876.00 | |||
| Support | S1 | 868.13 | -0.90 % | |
| S2 | 865.54 | -1.19 % | ||
| S3 | 861.33 | -1.67 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 890.50 | 1.66 % | |
| R2 | 885.00 | 1.03 % | ||
| R1 | 877.00 | 0.114 % | ||
| Current price | 876.00 | |||
| Support | S1 | 871.00 | -0.571% | |
| S2 | 861.50 | -1.66% | ||
| S3 | 845.00 | -3.54% |
SFZN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 30, 2022 | Jun 30, 2022 | Jul 04, 2022 | 3.20 Fr | 0.500% |
| 2 | Jul 07, 2021 | Jul 07, 2021 | Jul 07, 2021 | 3.00 Fr | 0.329% |
| 3 | Mar 04, 2020 | Jul 02, 2020 | Jul 06, 2020 | 2.80 Fr | 0.633% |
| 4 | Mar 07, 2019 | Apr 23, 2019 | Apr 25, 2019 | 2.60 Fr | 0.686% |
| 5 | Mar 14, 2018 | Apr 24, 2018 | Apr 26, 2018 | 2.40 Fr | 0.692% |
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