Schweiter Technologies AG Stock Forecast
Schweiter Technologies AG stock price ended at 462.00 Fr on Friday, after losing 1.60%.
(Updated on May 24, 2024)
The Schweiter Technologies AG stock price fell by -1.60% on the last day (Friday, 24th May 2024) from 469.50 Fr to 462.00 Fr. During the last trading day the stock fluctuated 3.35% from a day low at 462.00 Fr to a day high of 477.50 Fr. The price has risen in 7 of the last 10 days and is up by 4.52% 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 -797 shares and in total, 2 thousand shares were bought and sold for approximately 949.87 Fr 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 -5.68% during the next 3 months and, with a 90% probability hold a price between 374.46 Fr and 462.18 Fr at the end of this 3-month period.
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SWTQ.SW Signals & Forecast
The Schweiter Technologies AG 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 455.79 Fr and 448.64 Fr. 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). 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 Thursday, May 23, 2024, and so far it has fallen -1.60%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Schweiter Technologies AG stock
Schweiter Technologies AG finds support from accumulated volume at 452.00 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 15.50 Fr between high and low, or 3.35%. For the last week the stock has had daily average volatility of 2.17%.
Our recommended stop-loss: 446.18 Fr (-3.42%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 82 and this increases the risk substantially. There is a sell signal from a pivot top found 18 days ago.)
Trading Expectations (SWTQ.SW) For The Upcoming Trading Day Of Monday 27th
For the upcoming trading day on Monday, 27th we expect Schweiter Technologies AG to open at 467.17 Fr, and during the day (based on 14 day Average True Range), to move between 451.67 Fr and 472.33 Fr, which gives a possible trading interval of +/-10.33 Fr (+/-2.24%) up or down from last closing price. If Schweiter Technologies AG takes out the full calculated possible swing range there will be an estimated 4.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 452.00 Fr (2.16%) than the resistance at 486.00 Fr (5.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Schweiter Technologies AG stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.179 Buy Candidate Unchanged
Predicted Opening Price for Schweiter Technologies AG of Monday, May 27, 2024
| Fair opening price May 27, 2024 | Current price |
|---|---|
| 467.17 Fr ( 1.12%) | 462.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SWTQ.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 482.67 | 4.47 % | |
| R2 | 476.75 | 3.19 % | ||
| R1 | 473.09 | 2.40 % | ||
| Current price: | 462.00 | |||
| Support | S1 | 461.25 | -0.163 % | |
| S2 | 457.59 | -0.96 % | ||
| S3 | 451.67 | -2.24 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 502.00 | 8.66 % | |
| R2 | 500.00 | 8.23 % | ||
| R1 | 486.00 | 5.19 % | ||
| Current price | 462.00 | |||
| Support | S1 | 452.00 | -2.16% | |
| S2 | 448.00 | -3.03% | ||
| S3 | 442.00 | -4.33% |
SWTQ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 12, 2024 | Apr 12, 2024 | Apr 16, 2024 | 15.00 Fr | 3.36% |
| 2 | Apr 06, 2023 | Apr 06, 2023 | Apr 12, 2023 | 20.00 Fr | 2.97% |
| 3 | Apr 08, 2022 | Apr 08, 2022 | Apr 12, 2022 | 40.00 Fr | 3.85% |
| 4 | Apr 07, 2021 | Apr 07, 2021 | Apr 07, 2021 | 40.00 Fr | 2.56% |
| 5 | Mar 10, 2020 | Apr 15, 2020 | Apr 17, 2020 | 40.00 Fr | 4.29% |
FAQ
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