First Sensor AG Stock Forecast

First Sensor AG stock upgraded from Hold/Accumulate to Buy Candidate after Tuesday trading session.
(Updated on Jun 25, 2024)

SIS.F Signals & Forecast

There are mixed signals in the stock today. The First Sensor AG 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 59.57€. On a fall, the stock will find some support from the short-term average at 58.71€. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 1.38%. Further rise is indicated until a new top pivot has been found. The stock had a Golden Star Signal on Thursday, May 09, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for First Sensor AG stock

First Sensor AG finds support from accumulated volume at 58.60€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 1.00€ between high and low, or 1.73%. For the last week the stock has had daily average volatility of 1.59%

Our recommended stop-loss: 55.54€ (-5.55%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)

Trading Expectations (SIS.F) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect First Sensor AG to open at 58.47€, and during the day (based on 14 day Average True Range), to move between 57.99€ and 59.61€, which gives a possible trading interval of +/-0.81€ (+/-1.37%) up or down from last closing price. If First Sensor AG takes out the full calculated possible swing range there will be an estimated 2.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 58.60€ (0.34%) than the resistance at 59.00€ (0.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is First Sensor AG stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for First Sensor AG stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.111 Buy Candidate Upgraded

Predicted Opening Price for First Sensor AG of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.