Swiss Life Holding AG Stock Forecast

Green day on Friday for Swiss Life Holding AG
(Updated on Apr 26, 2024)

SLHN.SW Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 1.58%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Swiss Life Holding 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 629.72 Fr. On a fall, the stock will find some support from the short-term average at 616.46 Fr. 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. The stock had a Golden Star Signal on Wednesday, August 30, 2023 in the long-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 Swiss Life Holding AG stock

Swiss Life Holding AG finds support from accumulated volume at 611.60 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 5.00 Fr between high and low, or 0.81%. For the last week the stock has had daily average volatility of 1.64%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SLHN.SW) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Swiss Life Holding AG to open at 617.87 Fr, and during the day (based on 14 day Average True Range), to move between 607.20 Fr and 628.40 Fr, which gives a possible trading interval of +/-10.60 Fr (+/-1.72%) up or down from last closing price. If Swiss Life Holding AG takes out the full calculated possible swing range there will be an estimated 3.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 611.60 Fr (1.00%) than the resistance at 630.60 Fr (2.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Swiss Life Holding AG stock A Buy?

Swiss Life Holding AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.598 Sell Candidate Unchanged

Predicted Opening Price for Swiss Life Holding AG of Monday, April 29, 2024

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