Südzucker AG 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
Südzucker AG stock price ended at 14.08€ on Friday, after gaining 1.08%.
(Updated on May 31, 2024)
The Südzucker AG stock price gained 1.08% on the last trading day (Friday, 31st May 2024), rising from 13.93€ to 14.08€. During the last trading day the stock fluctuated 1.36% from a day low at 13.92€ to a day high of 14.11€. The price has fallen in 5 of the last 10 days but is still up by 0.07% 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, 112 thousand more shares were traded than the day before. In total, 242 thousand shares were bought and sold for approximately 3.40€ 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 11.34% during the next 3 months and, with a 90% probability hold a price between 15.07€ and 15.94€ at the end of this 3-month period.
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SZU.DE Signals & Forecast
The Südzucker 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 13.87€ and 13.51€. 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 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 Monday, May 20, 2024, and so far it has fallen -0.142%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Monday, April 29, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, April 29, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Südzucker AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 13.24€ and 13.00€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Südzucker AG finds support just below today's level at 13.24€. If this is broken, then the next support from accumulated volume will be at 13.00€ and 12.77€.
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 0.190€ between high and low, or 1.36%. For the last week the stock has had daily average volatility of 1.53%.
Our recommended stop-loss: 13.57€ (-3.59%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 32 days ago.)
Trading Expectations (SZU.DE) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Südzucker AG to open at 14.04€, and during the day (based on 14 day Average True Range), to move between 13.84€ and 14.32€, which gives a possible trading interval of +/-0.239€ (+/-1.70%) up or down from last closing price. If Südzucker AG takes out the full calculated possible swing range there will be an estimated 3.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 14.10€ (0.14%) than the support at 13.24€ (5.97%), 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 Südzucker AG 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 Südzucker AG stock to perform well in the short-term.
Current score: 4.689 Buy Candidate Unchanged
Predicted Opening Price for Südzucker AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 14.04€ ( 0.308%) | 14.08€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SZU.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14.23 | 1.04 % | |
| R2 | 14.15 | 0.526 % | ||
| R1 | 14.11 | 0.208 % | ||
| Current price: | 14.08 | |||
| Support | S1 | 13.96 | -0.82 % | |
| S2 | 13.92 | -1.14 % | ||
| S3 | 13.85 | -1.66 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 14.10 | 0.142 % | ||
| Current price | 14.08 | |||
| Support | S1 | 13.24 | -5.97% | |
| S2 | 13.00 | -7.67% | ||
| S3 | 12.77 | -9.30% |
SZU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 19, 2024 | Jul 19, 2024 | Jul 19, 2024 | 0€ | 0% |
| 2 | Jul 14, 2023 | Jul 14, 2023 | Jul 14, 2023 | 0.700€ | 4.26% |
| 3 | Jul 15, 2022 | Jul 15, 2022 | Jul 15, 2022 | 0.400€ | 2.97% |
| 4 | Jul 16, 2021 | Jul 16, 2021 | Jul 16, 2021 | 0.200€ | 1.58% |
| 5 | Apr 22, 2020 | Jul 17, 2020 | Jul 21, 2020 | 0.200€ | 1.31% |
FAQ
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