Synektik Spólka Akcyjna Stock Forecast
A very strong day for Synektik Spólka Akcyjna stock price on Friday
(Updated on Jun 28, 2024)
The Synektik Spólka Akcyjna stock price gained 5.05% on the last trading day (Friday, 28th Jun 2024), rising from 138.60zł to 145.60zł. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 5.19% from a day low at 138.80zł to a day high of 146.00zł. The price has fallen in 5 of the last 10 days but is still up by 2.97% over the past 2 weeks. Volume fell on the last day by -43 thousand shares and in total, 30 thousand shares were bought and sold for approximately 4.42zł 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 lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.13% during the next 3 months and, with a 90% probability hold a price between 138.05zł and 166.58zł at the end of this 3-month period.
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SNT.WA Signals & Forecast
A sell signal was issued from a pivot top point on Tuesday, May 28, 2024, and so far it has fallen -2.80%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Synektik Spólka Akcyjna stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 136.51zł and 139.28zł. A breakdown below any of these levels will issue sell signals. 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 Synektik Spólka Akcyjna stock
Synektik Spólka Akcyjna finds support from accumulated volume at 138.60zł 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 7.20zł between high and low, or 5.19%. For the last week, the stock has had daily average volatility of 4.66%.
Our recommended stop-loss: 138.22zł (-5.07%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 49 days ago.)
Trading Expectations (SNT.WA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Synektik Spólka Akcyjna to open at 143.47zł, and during the day (based on 14 day Average True Range), to move between 139.47zł and 151.73zł, which gives a possible trading interval of +/-6.13zł (+/-4.21%) up or down from last closing price. If Synektik Spólka Akcyjna takes out the full calculated possible swing range there will be an estimated 8.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 146.60zł (0.69%) than the support at 138.60zł (4.81%), 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 Synektik Spólka Akcyjna 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: 1.940 Buy Candidate Upgraded
Predicted Opening Price for Synektik Spólka Akcyjna of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
143.47zł ( 1.47%) | 145.60zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SNT.WA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 150.67 | 3.48% |
R2 | 147.92 | 1.59% |
R1 | 146.22 | 0.424% |
Price | 145.60 | |
S1 | 140.72 | -3.35% |
S2 | 139.02 | -4.52% |
S3 | 136.27 | -6.41% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 148.60 | 2.06% |
R2 | 147.40 | 1.24% |
R1 | 146.60 | 0.687% |
Price | 145.60 | |
S1 | 138.60 | -4.81% |
S2 | 128.60 | -11.68% |
S3 | 118.40 | -18.68% |
SNT Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 01, 2024 | Mar 01, 2024 | Mar 08, 2024 | 3.03zł | 2.39% |
2 | Feb 28, 2023 | Feb 28, 2023 | Feb 28, 2023 | 0.600zł | 1.41% |
3 | Feb 09, 2022 | Feb 09, 2022 | Feb 09, 2022 | 0.450zł | 1.47% |
4 | Feb 17, 2021 | Feb 17, 2021 | Feb 17, 2021 | 0.450zł | 1.50% |
5 | Mar 09, 2020 | Mar 09, 2020 | Mar 09, 2020 | 0.360zł | 2.73% |
FAQ
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