Schloss Wachenheim AG Stock Forecast
Schloss Wachenheim AG stock price down 0.658% on Friday
(Updated on Jun 21, 2024)
The Schloss Wachenheim AG stock price fell by -0.658% on the last day (Friday, 21st Jun 2024) from 15.20€ to 15.10€. During the last trading day the stock fluctuated 0.667% from a day low at 15.00€ to a day high of 15.10€. The price has been going up and down for this period, and there has been a -1.95% loss for the last 2 weeks. Volume has increased on the last day by 331 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 342 shares were bought and sold for approximately 5.16€ thousand.
The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 14.92€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Schloss Wachenheim AG stock with a 90% probability to be traded between 14.94€ and 16.15€ 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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SWA.DE Signals & Forecast
There are few to no technical positive signals at the moment. The Schloss Wachenheim AG 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 15.41€ and 15.45€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 24, 2024, and so far it has fallen -4.43%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Schloss Wachenheim AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Schloss Wachenheim AG stock
Schloss Wachenheim AG finds support from accumulated volume at 15.00€ 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 0.1000€ between high and low, or 0.667%. For the last week the stock has had daily average volatility of 1.30%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SWA.DE) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Schloss Wachenheim AG to open at 15.07€, and during the day (based on 14 day Average True Range), to move between 14.76€ and 15.44€, which gives a possible trading interval of +/-0.343€ (+/-2.27%) up or down from last closing price. If Schloss Wachenheim AG takes out the full calculated possible swing range there will be an estimated 4.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 15.20€ (0.66%) than the support at 15.00€ (0.66%), 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 Schloss Wachenheim AG stock A Buy?
Schloss Wachenheim AG holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.575 Sell Candidate Unchanged
Predicted Opening Price for Schloss Wachenheim AG of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| 15.07€ ( 0.221%) | 15.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SWA.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 15.17 | 0.442% |
| R2 | 15.13 | 0.189% |
| R1 | 15.10 | 0.0322% |
| Price | 15.10 | |
| S1 | 15.03 | -0.474% |
| S2 | 15.00 | -0.630% |
| S3 | 14.97 | -0.88% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 15.60 | 3.31% |
| R2 | 15.50 | 2.65% |
| R1 | 15.20 | 0.662% |
| Price | 15.10 | |
| S1 | 15.00 | -0.662% |
| S2 | 14.90 | -1.32% |
| S3 | 0 | - |
SWA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 17, 2023 | Nov 17, 2023 | Nov 21, 2023 | 0.600€ | 3.66% |
| 2 | Nov 04, 2022 | Nov 04, 2022 | Nov 04, 2022 | 0.600€ | 3.70% |
| 3 | Nov 26, 2021 | Nov 26, 2021 | Nov 26, 2021 | 0.500€ | 2.63% |
| 4 | Nov 27, 2020 | Nov 27, 2020 | Nov 27, 2020 | 0.400€ | 2.72% |
| 5 | Sep 19, 2019 | Nov 22, 2019 | Nov 26, 2019 | 0.500€ | 2.95% |
FAQ
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