Koenig & Bauer 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
Green day on Friday for Koenig & Bauer AG stock after gaining 0.152%
(Updated on May 03, 2024)
The Koenig & Bauer AG stock price gained 0.152% on the last trading day (Friday, 3rd May 2024), rising from 13.20€ to 13.22€. During the last trading day the stock fluctuated 2.91% from a day low at 13.04€ to a day high of 13.42€. The price has risen in 6 of the last 10 days and is up by 5.76% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 23 thousand shares were bought and sold for approximately 304.07€ thousand. 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 upper part of a strong 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 13.39€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 33.60% during the next 3 months and, with a 90% probability hold a price between 16.64€ and 17.89€ at the end of this 3-month period.
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SKB.DE Signals & Forecast
The Koenig & Bauer 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 12.99€ and 12.44€. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -0.452%. Further fall is indicated until a new bottom pivot has been found. 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 also not.
Support, Risk & Stop-loss for Koenig & Bauer AG stock
Koenig & Bauer AG finds support from accumulated volume at 13.18€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.380€ between high and low, or 2.91%. For the last week the stock has had daily average volatility of 3.34%.
Our recommended stop-loss: 12.79€ (-3.26%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (SKB.DE) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Koenig & Bauer AG to open at 13.23€, and during the day (based on 14 day Average True Range), to move between 12.80€ and 13.64€, which gives a possible trading interval of +/-0.419€ (+/-3.17%) up or down from last closing price. If Koenig & Bauer AG takes out the full calculated possible swing range there will be an estimated 6.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 13.18€ (0.30%) than the resistance at 13.28€ (0.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Koenig & Bauer AG will release earnings BMO on Tuesday, May 07, 2024. We will update the financials statements for Koenig & Bauer AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.02% in the first trading day after earnings release.
Is Koenig & Bauer 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 Koenig & Bauer AG stock to perform well in the short-term.
Current score: 1.878 Buy Candidate Unchanged
Predicted Opening Price for Koenig & Bauer AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 13.23€ ( 0.0504%) | 13.22€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SKB.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13.61 | 2.92 % | |
| R2 | 13.46 | 1.83 % | ||
| R1 | 13.37 | 1.15 % | ||
| Current price: | 13.22 | |||
| Support | S1 | 13.08 | -1.05 % | |
| S2 | 12.99 | -1.73 % | ||
| S3 | 12.85 | -2.82 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 13.28 | 0.454 % | ||
| Current price | 13.22 | |||
| Support | S1 | 13.18 | -0.303% | |
| S2 | 12.40 | -6.20% | ||
| S3 | 10.50 | -20.57% |
SKB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2019 | May 23, 2019 | May 27, 2019 | 1.00€ | 2.71% |
| 2 | May 10, 2018 | May 10, 2018 | May 10, 2018 | 0.90€ | 1.29% |
| 3 | Feb 20, 2017 | May 24, 2017 | May 26, 2017 | 0.500€ | 0.82% |
| 4 | Mar 22, 2013 | Jun 14, 2013 | Jun 14, 2013 | 0.400€ | 2.81% |
| 5 | Mar 25, 2011 | Jun 17, 2011 | Jun 17, 2011 | 0.300€ | 1.84% |
FAQ
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