Siegfried Holding AG Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Siegfried Holding AG stock price ended at 938.00 Fr on Tuesday, after losing 0.636%.
(Updated on Jul 02, 2024)
The Siegfried Holding AG stock price fell by -0.636% on the last day (Tuesday, 2nd Jul 2024) from 944.00 Fr to 938.00 Fr. During the last trading day the stock fluctuated 0.86% from a day low at 933.00 Fr to a day high of 941.00 Fr. The price has risen in 6 of the last 10 days and is up by 1.08% 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 -4 thousand shares and in total, 3 thousand shares were bought and sold for approximately 2.94 Fr million.
The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 944.95 Fr will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 6.57% during the next 3 months and, with a 90% probability hold a price between 950.96 Fr and 1,007.00 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.
SFZN.SW Signals & Forecast
The Siegfried Holding AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 930.86 Fr and 907.80 Fr. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, July 01, 2024, and so far it has fallen -0.636%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Siegfried Holding AG stock
Siegfried Holding AG finds support from accumulated volume at 929.00 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 8.00 Fr between high and low, or 0.86%. For the last week the stock has had daily average volatility of 1.12%.
Our recommended stop-loss: 901.76 Fr (-3.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (SFZN.SW) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Siegfried Holding AG to open at 937.33 Fr, and during the day (based on 14 day Average True Range), to move between 923.36 Fr and 952.64 Fr, which gives a possible trading interval of +/-14.64 Fr (+/-1.56%) up or down from last closing price. If Siegfried Holding AG takes out the full calculated possible swing range there will be an estimated 3.12% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 940.00 Fr (0.21%) than the support at 929.00 Fr (0.96%), 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 short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Siegfried Holding AG stock to perform well in the short-term.
Current score: 1.688 Buy Candidate Unchanged
Predicted Opening Price for Siegfried Holding AG of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| 937.33 Fr ( 0.0711%) | 938.00 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 | |
|---|---|---|
| R3 | 945.33 | 0.782% |
| R2 | 942.28 | 0.456% |
| R1 | 940.39 | 0.255% |
| Price | 938.00 | |
| S1 | 934.28 | -0.397% |
| S2 | 932.39 | -0.598% |
| S3 | 929.33 | -0.92% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 944.00 | 0.640% |
| R1 | 940.00 | 0.213% |
| Price | 938.00 | |
| S1 | 929.00 | -0.96% |
| S2 | 885.00 | -5.65% |
| S3 | 884.00 | -5.76% |
SFZN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 03, 2024 | May 03, 2024 | May 07, 2024 | 3.60 Fr | 0.419% |
| 2 | Jun 30, 2022 | Jun 30, 2022 | Jul 04, 2022 | 3.20 Fr | 0.500% |
| 3 | Jul 07, 2021 | Jul 07, 2021 | Jul 07, 2021 | 3.00 Fr | 0.329% |
| 4 | Mar 04, 2020 | Jul 02, 2020 | Jul 06, 2020 | 2.80 Fr | 0.633% |
| 5 | Mar 07, 2019 | Apr 23, 2019 | Apr 25, 2019 | 2.60 Fr | 0.686% |
FAQ
Click here for our free guide on how to buy Siegfried Holding AG Stock.
