TAG Immobilien 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
TAG Immobilien AG stock price up 1.86% on Friday
(Updated on Jun 28, 2024)
The TAG Immobilien AG stock price gained 1.86% on the last trading day (Friday, 28th Jun 2024), rising from 13.42€ to 13.67€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.06% from a day low at 13.40€ to a day high of 13.81€. The price has been going up and down for this period, and there has been a 3.4% gain for the last 2 weeks. Volume fell on the last day by -36 thousand shares and in total, 541 thousand shares were bought and sold for approximately 7.40€ 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 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 13.24% during the next 3 months and, with a 90% probability hold a price between 14.84€ and 17.74€ at the end of this 3-month period.
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TEG.DE Signals & Forecast
There are mixed signals in the stock today. The TAG Immobilien AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 13.88€. On a fall, the stock will find some support from the short-term average at 13.23€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -8.07%. Further fall is indicated until a new bottom pivot has been found. 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. 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 13.66€ 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 0.410€ between high and low, or 3.06%. For the last week, the stock has had daily average volatility of 2.98%.
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 Monday 1st
For the upcoming trading day on Monday, 1st we expect TAG Immobilien AG to open at 13.63€, and during the day (based on 14 day Average True Range), to move between 13.28€ and 14.06€, which gives a possible trading interval of +/-0.393€ (+/-2.88%) up or down from last closing price. If TAG Immobilien AG takes out the full calculated possible swing range there will be an estimated 5.75% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 13.68€ (0.07%) than the support at 13.66€ (0.07%), 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 TAG Immobilien AG stock A Buy?
TAG Immobilien AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.071 Sell Candidate Unchanged
Predicted Opening Price for TAG Immobilien AG of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 13.63€ ( 0.317%) | 13.67€ |
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 | 14.04 | 2.68% |
| R2 | 13.88 | 1.54% |
| R1 | 13.78 | 0.83% |
| Price | 13.67 | |
| S1 | 13.47 | -1.46% |
| S2 | 13.37 | -2.17% |
| S3 | 13.22 | -3.32% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14.68 | 7.39% |
| R2 | 14.26 | 4.32% |
| R1 | 13.68 | 0.0732% |
| Price | 13.67 | |
| S1 | 13.66 | -0.0732% |
| S2 | 13.39 | -2.05% |
| S3 | 13.00 | -4.90% |
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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