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
Red day on Tuesday for Tamburi Investment Partners S.p.A.
(Updated on Jun 25, 2024)
No changes to the price of Tamburi Investment Partners S.p.A. stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 0.86% from a day low at 9.35€ to a day high of 9.43€. The price has fallen in 5 of the last 10 days but is still up by 0.75% over the past 2 weeks.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Tamburi Investment Partners S.p.A. stock with a 90% probability to be traded between 8.60€ and 9.57€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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TIP.MI Signals & Forecast
There are few to no technical positive signals at the moment. The Tamburi Investment Partners S.p.A. 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 9.41€ and 9.48€. 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 -4.37%. 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 during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Tamburi Investment Partners S.p.A. stock
Tamburi Investment Partners S.p.A. finds support from accumulated volume at 9.36€ 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 0.0800€ between high and low, or 0.86%. For the last week the stock has had daily average volatility of 2.05%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TIP.MI) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Tamburi Investment Partners S.p.A. to open at 9.39€, and during the day (based on 14 day Average True Range), to move between 9.21€ and 9.59€, which gives a possible trading interval of +/-0.195€ (+/-2.07%) 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 4.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 9.36€ (0.43%) than the resistance at 9.49€ (0.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Tamburi Investment Partners S.p.A. stock A Buy?
Tamburi Investment Partners S.p.A. holds several negative signals and is within a 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.
Current score: -4.435 Sell Candidate Unchanged
Predicted Opening Price for Tamburi Investment Partners S.p.A. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 9.39€ ( 0.0709%) | 9.40€ |
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 | 9.47 | 0.780% |
| R2 | 9.44 | 0.455% |
| R1 | 9.42 | 0.254% |
| Price | 9.40 | |
| S1 | 9.36 | -0.396% |
| S2 | 9.34 | -0.597% |
| S3 | 9.31 | -0.92% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.76 | 3.83% |
| R2 | 9.57 | 1.81% |
| R1 | 9.49 | 0.96% |
| Price | 9.40 | |
| S1 | 9.36 | -0.426% |
| S2 | 9.33 | -0.745% |
| S3 | 9.12 | -2.98% |
TIP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 24, 2024 | Jun 24, 2024 | Jun 26, 2024 | 0.150€ | 1.60% |
| 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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