Tamburi Investment Partners S.p.A. 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
Tamburi Investment Partners S.p.A. stock price down 0.106% on Friday
(Updated on Jun 14, 2024)
The Tamburi Investment Partners S.p.A. stock price fell by -0.106% on the last day (Friday, 14th Jun 2024) from 9.47€ to 9.46€. During the last trading day the stock fluctuated 1.17% from a day low at 9.38€ to a day high of 9.49€. The price has been going up and down for this period, and there has been a 0.53% gain for the last 2 weeks. Volume has increased on the last day by 58 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, 160 thousand shares were bought and sold for approximately 1.51€ million.
The stock lies in the middle of a 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 -2.80% during the next 3 months and, with a 90% probability hold a price between 8.50€ and 9.54€ at the end of this 3-month period.
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TIP.MI Signals & Forecast
The Tamburi Investment Partners S.p.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 9.49€. On a fall, the stock will find some support from the long-term average at approximately 9.44€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell 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 Wednesday, May 22, 2024, and so far it has fallen -3.76%. 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 Tamburi Investment Partners S.p.A. stock
Tamburi Investment Partners S.p.A. finds support from accumulated volume at 9.33€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.110€ between high and low, or 1.17%. For the last week the stock has had daily average volatility of 2.30%.
Our recommended stop-loss: 9.06€ (-4.19%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 35 days ago.)
Trading Expectations (TIP.MI) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Tamburi Investment Partners S.p.A. to open at 9.44€, and during the day (based on 14 day Average True Range), to move between 9.26€ and 9.66€, which gives a possible trading interval of +/-0.199€ (+/-2.10%) up or down from last closing price. If Tamburi Investment Partners S.p.A. takes out the full calculated possible swing range there will be an estimated 4.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 9.57€ (1.16%) than the support at 9.33€ (1.37%), 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 Tamburi Investment Partners S.p.A. stock A Buy?
Tamburi Investment Partners S.p.A. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.460 Hold/Accumulate Unchanged
Predicted Opening Price for Tamburi Investment Partners S.p.A. of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 9.44€ ( 0.176%) | 9.46€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TIP.MI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.55 | 0.99% |
| R2 | 9.51 | 0.542% |
| R1 | 9.49 | 0.268% |
| Price | 9.46 | |
| S1 | 9.40 | -0.620% |
| S2 | 9.38 | -0.89% |
| S3 | 9.33 | -1.34% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.77 | 3.28% |
| R2 | 9.60 | 1.48% |
| R1 | 9.57 | 1.16% |
| Price | 9.46 | |
| S1 | 9.33 | -1.37% |
| S2 | 9.20 | -2.75% |
| S3 | 9.12 | -3.59% |
TIP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 24, 2024 | Jun 24, 2024 | Jun 26, 2024 | 0.150€ | 1.59% |
| 2 | Jun 19, 2023 | Jun 19, 2023 | Jun 19, 2023 | 0.130€ | 1.41% |
| 3 | May 23, 2022 | May 23, 2022 | May 23, 2022 | 0.110€ | 1.30% |
| 4 | May 24, 2021 | May 24, 2021 | May 24, 2021 | 0.100€ | 1.26% |
| 5 | May 18, 2020 | May 18, 2020 | May 18, 2020 | 0.0900€ | 1.53% |
FAQ
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