Swiss Prime Site 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
Swiss Prime Site AG stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on May 17, 2024)
The Swiss Prime Site AG stock price fell by -0.175% on the last day (Friday, 17th May 2024) from 85.70 Fr to 85.55 Fr. During the last trading day the stock fluctuated 0.82% from a day low at 85.30 Fr to a day high of 86.00 Fr. The price has fallen in 6 of the last 10 days but is still up by 0.06% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -10 thousand shares and in total, 98 thousand shares were bought and sold for approximately 8.37 Fr million.
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 Swiss Prime Site AG stock with a 90% probability to be traded between 83.55 Fr and 88.17 Fr 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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SPSN.SW Signals & Forecast
The Swiss Prime Site AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 85.62 Fr. On a fall, the stock will find some support from the long-term average at approximately 85.27 Fr. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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, May 07, 2024, and so far it has fallen -1.16%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Swiss Prime Site AG stock
Swiss Prime Site AG finds support from accumulated volume at 85.40 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 0.700 Fr between high and low, or 0.82%. For the last week the stock has had daily average volatility of 1.20%.
Our recommended stop-loss: 82.15 Fr (-3.98%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 25 days ago.)
Trading Expectations (SPSN.SW) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Swiss Prime Site AG to open at 85.62 Fr, and during the day (based on 14 day Average True Range), to move between 84.56 Fr and 86.54 Fr, which gives a possible trading interval of +/-0.99 Fr (+/-1.16%) up or down from last closing price. If Swiss Prime Site AG takes out the full calculated possible swing range there will be an estimated 2.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 85.60 Fr (0.06%) than the support at 85.40 Fr (0.18%), 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 Swiss Prime Site 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 Swiss Prime Site 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: 1.571 Buy Candidate Upgraded
Predicted Opening Price for Swiss Prime Site AG of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| 85.62 Fr ( 0.0779%) | 85.55 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SPSN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 86.32 | 0.90 % | |
| R2 | 86.05 | 0.584 % | ||
| R1 | 85.88 | 0.390 % | ||
| Current price: | 85.55 | |||
| Support | S1 | 85.35 | -0.235 % | |
| S2 | 85.18 | -0.428 % | ||
| S3 | 84.92 | -0.740 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 87.85 | 2.69 % | |
| R2 | 85.70 | 0.175 % | ||
| R1 | 85.60 | 0.0584 % | ||
| Current price | 85.55 | |||
| Support | S1 | 85.40 | -0.175% | |
| S2 | 85.10 | -0.526% | ||
| S3 | 84.65 | -1.05% |
SPSN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 26, 2024 | Mar 26, 2024 | Mar 28, 2024 | 3.40 Fr | 4.00% |
| 2 | Mar 28, 2023 | Mar 28, 2023 | Mar 28, 2023 | 3.40 Fr | 4.66% |
| 3 | Jun 09, 2022 | Jun 09, 2022 | Jun 09, 2022 | 1.68 Fr | 1.83% |
| 4 | Mar 28, 2022 | Mar 28, 2022 | Mar 28, 2022 | 1.68 Fr | 1.83% |
| 5 | Mar 25, 2021 | Mar 25, 2021 | Mar 25, 2021 | 3.35 Fr | 3.76% |
FAQ
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