TAG Immobilien AG Stock Forecast
TAG Immobilien AG stock price ended at 13.71€ on Friday, after gaining 0.513%.
(Updated on May 10, 2024)
The TAG Immobilien AG stock price gained 0.513% on the last trading day (Friday, 10th May 2024), rising from 13.64€ to 13.71€. During the last trading day the stock fluctuated 1.90% from a day low at 13.69€ to a day high of 13.95€. The price has risen in 9 of the last 10 days and is up by 12.38% over the past 2 weeks. Volume fell on the last day by -58 thousand shares and in total, 282 thousand shares were bought and sold for approximately 3.86€ 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 upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 13.86€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.30% during the next 3 months and, with a 90% probability hold a price between 13.93€ and 15.98€ at the end of this 3-month period.
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TEG.F Signals & Forecast
The TAG Immobilien 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 13.65€ and 12.55€. 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 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. 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 Tuesday, May 07, 2024, and so far it has fallen -0.436%. Further fall is indicated until a new bottom pivot has been found. 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
On the downside, the stock finds support just below today's level from accumulated volume at 12.32€ and 11.94€. 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, TAG Immobilien AG finds support just below today's level at 12.32€. If this is broken, then the next support from accumulated volume will be at 11.94€ and 11.28€.
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 0.260€ between high and low, or 1.90%. For the last week, the stock has had daily average volatility of 2.64%.
The TAG Immobilien AG stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Our recommended stop-loss: 13.29€ (-3.09%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (TEG.F) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect TAG Immobilien AG to open at 13.78€, and during the day (based on 14 day Average True Range), to move between 13.29€ and 14.13€, which gives a possible trading interval of +/-0.417€ (+/-3.04%) up or down from last closing price. If TAG Immobilien AG takes out the full calculated possible swing range there will be an estimated 6.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 13.77€ (0.44%) than the support at 12.32€ (10.14%), 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.
Earnings coming up
TAG Immobilien AG will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for TAG Immobilien AG, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.42% in the first trading day after earnings release.
Is TAG Immobilien 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 TAG Immobilien AG stock to perform well in the short-term.
Current score: 2.608 Buy Candidate Unchanged
Predicted Opening Price for TAG Immobilien AG of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 13.78€ ( 0.535%) | 13.71€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TEG.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14.04 | 2.43 % | |
| R2 | 13.94 | 1.71 % | ||
| R1 | 13.88 | 1.26 % | ||
| Current price: | 13.71 | |||
| Support | S1 | 13.68 | -0.190 % | |
| S2 | 13.62 | -0.637 % | ||
| S3 | 13.52 | -1.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 13.77 | 0.438 % | ||
| Current price | 13.71 | |||
| Support | S1 | 12.32 | -10.14% | |
| S2 | 11.94 | -12.95% | ||
| S3 | 11.28 | -17.72% |
TEG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2022 | May 16, 2022 | May 16, 2022 | 0.89€ | 0% |
| 2 | May 12, 2021 | May 12, 2021 | May 12, 2021 | 0.84€ | 0% |
| 3 | May 25, 2020 | May 25, 2020 | May 25, 2020 | 0.783€ | 0% |
| 4 | May 19, 2020 | May 19, 2020 | May 19, 2020 | 0.82€ | 0% |
| 5 | Mar 06, 2019 | May 08, 2019 | May 10, 2019 | 0.716€ | 0% |
FAQ
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