Swissquote Group Holding Ltd Stock Forecast
Swissquote Group Holding Ltd stock price ended at 253.20 Fr on Thursday, after gaining 0.238%.
(Updated on Mar 28, 2024)
The Swissquote Group Holding Ltd stock price gained 0.238% on the last trading day (Thursday, 28th Mar 2024), rising from 252.60 Fr to 253.20 Fr. During the last trading day the stock fluctuated 1.43% from a day low at 251.20 Fr to a day high of 254.80 Fr. The price has risen in 6 of the last 10 days and is up by 7.65% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 21 thousand shares were bought and sold for approximately 5.35 Fr million.
The stock lies in the middle of a strong 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 25.86% during the next 3 months and, with a 90% probability hold a price between 306.99 Fr and 331.30 Fr at the end of this 3-month period.
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SQN.SW Signals & Forecast
The Swissquote Group Holding Ltd 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 254.71 Fr. On a fall, the stock will find some support from the long-term average at approximately 238.91 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). Volume is rising along with the price. This is considered to be a good technical signal. 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 Wednesday, March 20, 2024, and so far it has fallen -1.86%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Swissquote Group Holding Ltd stock
Swissquote Group Holding Ltd finds support from accumulated volume at 252.60 Fr 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 3.60 Fr between high and low, or 1.43%. For the last week, the stock has had daily average volatility of 1.65%.
Our recommended stop-loss: 242.61 Fr (-4.18%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (SQN.SW) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Swissquote Group Holding Ltd to open at 253.07 Fr, and during the day (based on 14 day Average True Range), to move between 247.50 Fr and 258.90 Fr, which gives a possible trading interval of +/-5.70 Fr (+/-2.25%) up or down from last closing price. If Swissquote Group Holding Ltd takes out the full calculated possible swing range there will be an estimated 4.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 252.60 Fr (0.24%) than the resistance at 254.20 Fr (0.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Swissquote Group Holding Ltd 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 Swissquote Group Holding Ltd stock to perform well in the short-term.
Current score: 1.541 Buy Candidate Unchanged
Predicted Opening Price for Swissquote Group Holding Ltd of Tuesday, April 2, 2024
Fair opening price April 2, 2024 | Current price |
---|---|
253.07 Fr ( 0.0527%) | 253.20 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SQN.SW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 256.67 | 1.37 % | |
R2 | 255.29 | 0.83 % | ||
R1 | 254.44 | 0.490 % | ||
Current price: | 253.20 | |||
Support | S1 | 251.69 | -0.596 % | |
S2 | 250.84 | -0.93 % | ||
S3 | 249.47 | -1.47 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 256.60 | 1.34 % | |
R2 | 255.80 | 1.03 % | ||
R1 | 254.20 | 0.395 % | ||
Current price | 253.20 | |||
Support | S1 | 252.60 | -0.237% | |
S2 | 244.00 | -3.63% | ||
S3 | 235.20 | -7.11% |
SQN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 12, 2023 | May 12, 2023 | May 16, 2023 | 2.20 Fr | 1.19% |
2 | May 10, 2022 | May 10, 2022 | May 10, 2022 | 2.20 Fr | 1.70% |
3 | May 10, 2021 | May 10, 2021 | May 10, 2021 | 1.50 Fr | 1.11% |
4 | Mar 17, 2020 | May 07, 2020 | May 11, 2020 | 1.00 Fr | 1.53% |
5 | Mar 08, 2019 | May 14, 2019 | May 16, 2019 | 1.00 Fr | 2.63% |
FAQ
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