Software Aktiengesellschaft Stock Forecast
Red day on Thursday for Software Aktiengesellschaft
(Updated on Mar 28, 2024)
No changes to the price of Software Aktiengesellschaft stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at 37.10€ to a day high of 37.10€. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Software Aktiengesellschaft stock with a 90% probability to be traded between 34.73€ and 37.71€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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SOW.DE Signals & Forecast
There are mixed signals in the stock today. The Software Aktiengesellschaft stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 37.10€ and 37.35€. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". 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 Wednesday, February 21, 2024, and so far it has risen 0.760%. 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). The stock had a Golden Star Signal on Friday, October 13, 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.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, October 13, 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 Software Aktiengesellschaft stock
Software Aktiengesellschaft finds support from accumulated volume at 37.06€ 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 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: 34.91€ (-5.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)
Trading Expectations (SOW.DE) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Software Aktiengesellschaft to open at 37.10€, and during the day (based on 14 day Average True Range), to move between 37.00€ and 37.20€, which gives a possible trading interval of +/-0.0961€ (+/-0.26%) up or down from last closing price. If Software Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 0.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 37.06€ (0.11%) than the resistance at 37.60€ (1.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Software Aktiengesellschaft stock A Buy?
Software Aktiengesellschaft holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Software Aktiengesellschaft of Tuesday, April 2, 2024
Fair opening price April 2, 2024 | Current price |
---|---|
37.10€ ( 0%) | 37.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SOW.DE
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 37.10 | . | |
R2 | 37.10 | . | ||
R1 | 37.10 | . | ||
Current price: | 37.10 | |||
Support | S1 | 37.10 | . | |
S2 | 37.10 | . | ||
S3 | 37.10 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 38.70 | 4.31 % | |
R2 | 38.60 | 4.04 % | ||
R1 | 37.60 | 1.35 % | ||
Current price | 37.10 | |||
Support | S1 | 37.06 | -0.108% | |
S2 | 37.00 | -0.270% | ||
S3 | 36.82 | -0.755% |
SOW Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 18, 2023 | May 18, 2023 | May 18, 2023 | 0.0500€ | 0.146% |
2 | May 18, 2022 | May 18, 2022 | May 18, 2022 | 0.760€ | 2.57% |
3 | May 13, 2021 | May 13, 2021 | May 13, 2021 | 0.760€ | 2.26% |
4 | Mar 20, 2020 | Jun 29, 2020 | Jul 01, 2020 | 0.760€ | 2.11% |
5 | May 28, 2019 | May 28, 2019 | May 28, 2019 | 0.710€ | 2.32% |
FAQ
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