Schneider Electric S.E. 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
Schneider Electric S.E. stock price up 1.31% on Friday
(Updated on May 03, 2024)
The Schneider Electric S.E. stock price gained 1.31% on the last trading day (Friday, 3rd May 2024), rising from 213.50€ to 216.30€. During the last trading day the stock fluctuated 1.75% from a day low at 213.80€ to a day high of 217.55€. The price has fallen in 6 of the last 10 days but is still up by 0.44% over the past 2 weeks. Volume fell on the last day by -192 thousand shares and in total, 485 thousand shares were bought and sold for approximately 104.90€ 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 7.81% during the next 3 months and, with a 90% probability hold a price between 220.28€ and 242.87€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
SU.PA Signals & Forecast
The Schneider Electric S.E. 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 214.62€ and 211.81€. 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). 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. 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 Friday, March 22, 2024, and so far it has fallen -0.80%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Schneider Electric S.E. stock
Schneider Electric S.E. finds support from accumulated volume at 215.00€ 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 3.75€ between high and low, or 1.75%. For the last week the stock has had daily average volatility of 1.72%.
Our recommended stop-loss: 208.83€ (-3.45%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 27 days ago.)
Trading Expectations (SU.PA) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Schneider Electric S.E. to open at 215.88€, and during the day (based on 14 day Average True Range), to move between 211.45€ and 221.15€, which gives a possible trading interval of +/-4.85€ (+/-2.24%) up or down from last closing price. If Schneider Electric S.E. takes out the full calculated possible swing range there will be an estimated 4.49% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 216.90€ (0.28%) than the support at 215.00€ (0.60%), 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 Schneider Electric S.E. 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 Schneider Electric S.E. stock to perform well in the short-term.
Current score: 2.942 Buy Candidate Unchanged
Predicted Opening Price for Schneider Electric S.E. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 215.88€ ( 0.193%) | 216.30€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SU.PA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 219.63 | 1.54 % | |
| R2 | 218.20 | 0.88 % | ||
| R1 | 217.32 | 0.470 % | ||
| Current price: | 216.30 | |||
| Support | S1 | 214.45 | -0.85 % | |
| S2 | 213.57 | -1.26 % | ||
| S3 | 212.13 | -1.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 218.05 | 0.81 % | |
| R2 | 217.35 | 0.485 % | ||
| R1 | 216.90 | 0.277 % | ||
| Current price | 216.30 | |||
| Support | S1 | 215.00 | -0.601% | |
| S2 | 209.80 | -3.01% | ||
| S3 | 209.30 | -3.24% |
SU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 28, 2024 | May 28, 2024 | May 30, 2024 | 3.50€ | 1.62% |
| 2 | May 09, 2023 | May 09, 2023 | May 09, 2023 | 3.15€ | 2.03% |
| 3 | May 17, 2022 | May 17, 2022 | May 17, 2022 | 2.90€ | 2.25% |
| 4 | May 10, 2021 | May 10, 2021 | May 10, 2021 | 2.60€ | 1.99% |
| 5 | Oct 24, 2019 | May 05, 2020 | May 07, 2020 | 2.55€ | 3.21% |
FAQ
Click here for our free guide on how to buy Schneider Electric S.E. Stock.
