TAG Immobilien AG Stock Forecast
Red day on Tuesday for TAG Immobilien AG stock after losing 0.532%
(Updated on Jun 25, 2024)
The TAG Immobilien AG stock price fell by -0.532% on the last day (Tuesday, 25th Jun 2024) from 13.15€ to 13.08€. During the last trading day the stock fluctuated 1.77% from a day low at 12.98€ to a day high of 13.21€. The price has fallen in 7 of the last 10 days and is down by -1.58% for this period. 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 -113 thousand shares and in total, 218 thousand shares were bought and sold for approximately 2.86€ million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 13.06€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 14.35% during the next 3 months and, with a 90% probability hold a price between 14.93€ and 17.87€ at the end of this 3-month period.
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TEG.DE Signals & Forecast
There are few to no technical positive signals at the moment. The TAG Immobilien 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 13.09€ and 13.90€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -12.04%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Friday, October 27, 2023 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 Friday, October 27, 2023 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 TAG Immobilien AG stock
TAG Immobilien AG finds support from accumulated volume at 13.00€ 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 0.230€ between high and low, or 1.77%. For the last week, the stock has had daily average volatility of 1.86%.
TAG Immobilien AG is oversold on RSI14 (29). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TEG.DE) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect TAG Immobilien AG to open at 13.09€, and during the day (based on 14 day Average True Range), to move between 12.72€ and 13.44€, which gives a possible trading interval of +/-0.362€ (+/-2.77%) up or down from last closing price. If TAG Immobilien AG takes out the full calculated possible swing range there will be an estimated 5.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 13.00€ (0.61%) than the resistance at 13.39€ (2.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is TAG Immobilien AG stock A Buy?
The TAG Immobilien AG stock holds several negative signals and despite the positive trend, we believe TAG Immobilien AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.800 Sell Candidate Unchanged
Predicted Opening Price for TAG Immobilien AG of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 13.09€ ( 0.0765%) | 13.08€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TEG.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.32 | 1.83% |
| R2 | 13.23 | 1.16% |
| R1 | 13.18 | 0.748% |
| Price | 13.08 | |
| S1 | 13.00 | -0.595% |
| S2 | 12.95 | -1.01% |
| S3 | 12.86 | -1.68% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14.68 | 12.23% |
| R2 | 13.66 | 4.43% |
| R1 | 13.39 | 2.37% |
| Price | 13.08 | |
| S1 | 13.00 | -0.612% |
| S2 | 12.03 | -8.03% |
| S3 | 11.99 | -8.33% |
TEG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2022 | May 16, 2022 | May 16, 2022 | 0.89€ | 5.13% |
| 2 | May 12, 2021 | May 12, 2021 | May 12, 2021 | 0.84€ | 3.72% |
| 3 | May 25, 2020 | May 25, 2020 | May 25, 2020 | 0.783€ | 3.77% |
| 4 | May 19, 2020 | May 19, 2020 | May 19, 2020 | 0.82€ | 4.14% |
| 5 | Mar 06, 2019 | May 08, 2019 | May 10, 2019 | 0.716€ | 3.72% |
FAQ
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