Temenos AG Stock Forecast
Evaluation of Temenos AG stock downgraded after the last trading session.
(Updated on May 03, 2024)
The Temenos AG stock price fell by -0.177% on the last day (Friday, 3rd May 2024) from 56.40 Fr to 56.30 Fr. During the last trading day the stock fluctuated 3.61% from a day low at 55.45 Fr to a day high of 57.45 Fr. The price has fallen in 8 of the last 10 days and is down by -16.59% for this period. Volume has increased on the last day by 255 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 705 thousand shares were bought and sold for approximately 39.68 Fr million.
The stock lies in the middle of a very 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 -22.11% during the next 3 months and, with a 90% probability hold a price between 34.17 Fr and 53.91 Fr at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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TEMN.SW Signals & Forecast
There are few to no technical positive signals at the moment. The Temenos 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 57.29 Fr and 63.29 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 15, 2024, and so far it has fallen -23.30%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Temenos AG stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 2.00 Fr between high and low, or 3.61%. For the last week, the stock has had daily average volatility of 2.85%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TEMN.SW) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Temenos AG to open at 56.40 Fr, and during the day (based on 14 day Average True Range), to move between 53.78 Fr and 58.82 Fr, which gives a possible trading interval of +/-2.52 Fr (+/-4.48%) up or down from last closing price. If Temenos AG takes out the full calculated possible swing range there will be an estimated 8.96% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 58.90 Fr, some 2.60 Fr (4.62%) from the current price of 56.30 Fr, our system finds the risk reward not very attractive.
Is Temenos AG stock A Buy?
Temenos AG holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.
Current score: -5.275 Strong Sell Candidate Downgraded
Predicted Opening Price for Temenos AG of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| 56.40 Fr ( 0.178%) | 56.30 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TEMN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 58.40 | 3.73 % | |
| R2 | 57.64 | 2.37 % | ||
| R1 | 57.16 | 1.53 % | ||
| Current price: | 56.30 | |||
| Support | S1 | 55.64 | -1.18 % | |
| S2 | 55.16 | -2.02 % | ||
| S3 | 54.40 | -3.37 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 63.54 | 12.86 % | |
| R2 | 60.62 | 7.67 % | ||
| R1 | 58.90 | 4.62 % | ||
| Current price | 56.30 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
TEMN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 10, 2024 | May 10, 2024 | May 14, 2024 | 1.20 Fr | 2.14% |
| 2 | May 05, 2023 | May 05, 2023 | May 09, 2023 | 1.10 Fr | 1.52% |
| 3 | May 30, 2022 | May 30, 2022 | May 30, 2022 | 1.00 Fr | 1.05% |
| 4 | May 25, 2021 | May 25, 2021 | May 25, 2021 | 0.90 Fr | 0.659% |
| 5 | Feb 13, 2020 | May 22, 2020 | May 26, 2020 | 0.85 Fr | 0.575% |
FAQ
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