Strategic Investments A/S Stock Forecast
Stronger technical forecast for Strategic Investments A/S stock price after Friday trading.
(Updated on May 17, 2024)
The Strategic Investments A/S stock price gained 4.39% on the last trading day (Friday, 17th May 2024), rising from kr1.14 to kr1.19. During the last trading day the stock fluctuated 1.71% from a day low at kr1.17 to a day high of kr1.19. The price has been going up and down for this period, and there has been a -0.83% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 33 thousand more shares were traded than the day before. In total, 38 thousand shares were bought and sold for approximately kr45.48 thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.61% during the next 3 months and, with a 90% probability hold a price between kr0.98 and kr1.11 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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STRINV.CO Signals & Forecast
The Strategic Investments A/S stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at kr1.18 and kr1.17. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Strategic Investments A/S has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. 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 14, 2024, and so far it has fallen -2.46%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Strategic Investments A/S stock
Strategic Investments A/S finds support from accumulated volume at kr1.17 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 kr0.0200 between high and low, or 1.71%. For the last week, the stock has had daily average volatility of 1.54%.
Our recommended stop-loss: kr1.13 (-4.78%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (STRINV.CO) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Strategic Investments A/S to open at kr1.18, and during the day (based on 14 day Average True Range), to move between kr1.16 and kr1.22, which gives a possible trading interval of +/-kr0.0331 (+/-2.78%) up or down from last closing price. If Strategic Investments A/S takes out the full calculated possible swing range there will be an estimated 5.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr1.20 (0.84%) than the support at kr1.17 (1.68%), 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 Strategic Investments A/S stock A Buy?
Strategic Investments A/S 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.926 Hold/Accumulate Upgraded
Predicted Opening Price for Strategic Investments A/S of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| kr1.18 ( 0.560%) | kr1.19 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STRINV.CO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.20 | 1.12 % | |
| R2 | 1.20 | 0.478 % | ||
| R1 | 1.19 | 0.0818 % | ||
| Current price: | 1.19 | |||
| Support | S1 | 1.18 | -1.20 % | |
| S2 | 1.17 | -1.60 % | ||
| S3 | 1.16 | -2.24 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.29 | 8.40 % | |
| R2 | 1.22 | 2.52 % | ||
| R1 | 1.20 | 0.84 % | ||
| Current price | 1.19 | |||
| Support | S1 | 1.17 | -1.68% | |
| S2 | 1.14 | -4.20% | ||
| S3 | 1.13 | -5.04% |
STRINV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | Apr 29, 2024 | kr0 | 0% |
| 2 | Oct 13, 2023 | Oct 13, 2023 | Oct 17, 2023 | kr0.0400 | 3.10% |
| 3 | Oct 11, 2023 | Oct 11, 2023 | Oct 11, 2023 | kr0.0400 | 3.17% |
| 4 | Apr 21, 2023 | Apr 21, 2023 | Apr 21, 2023 | kr0.0200 | 1.57% |
| 5 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | kr0.0200 | 1.72% |
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