TUI 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
TUI AG stock price ended at £569.00 on Thursday, after gaining 0.708%.
(Updated on May 02, 2024)
The TUI AG stock price gained 0.708% on the last trading day (Thursday, 2nd May 2024), rising from £565.00 to £569.00. During the last trading day the stock fluctuated 6.26% from a day low at £543.00 to a day high of £577.00. The price has been going up and down for this period, and there has been a -0.96% loss for the last 2 weeks. Volume fell on the last day by -783 thousand shares and in total, 323 thousand shares were bought and sold for approximately £183.66 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 has broken the wide and strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at £574.58. A reaction back to this level may hold a second chance to get out before further falls.
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TUI.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.16%. Further rise is indicated until a new top pivot has been found. 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. The TUI 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 £573.79 and £603.77. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for TUI AG stock
TUI AG finds support from accumulated volume at £567.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 £34.00 between high and low, or 6.26%. For the last week, the stock has had daily average volatility of 6.51%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TUI.L) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect TUI AG to open at £563.00, and during the day (based on 14 day Average True Range), to move between £537.24 and £600.76, which gives a possible trading interval of +/-£31.76 (+/-5.58%) up or down from last closing price. If TUI AG takes out the full calculated possible swing range there will be an estimated 11.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £567.00 (0.35%) than the resistance at £575.00 (1.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is TUI AG stock A Buy?
The TUI AG stock holds several negative signals and despite the positive trend, we believe TUI AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.656 Sell Candidate Unchanged
Predicted Opening Price for TUI AG of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| £563.00 ( 1.05%) | £569.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TUI.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 597.00 | 4.92 % | |
| R2 | 584.01 | 2.64 % | ||
| R1 | 575.99 | 1.23 % | ||
| Current price: | 569.00 | |||
| Support | S1 | 550.01 | -3.34 % | |
| S2 | 541.99 | -4.75 % | ||
| S3 | 529.00 | -7.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 640.50 | 12.57 % | |
| R2 | 578.50 | 1.67 % | ||
| R1 | 575.00 | 1.05 % | ||
| Current price | 569.00 | |||
| Support | S1 | 567.00 | -0.351% | |
| S2 | 564.00 | -0.88% | ||
| S3 | 542.00 | -4.75% |
TUI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 09, 2022 | Feb 09, 2022 | Feb 09, 2022 | £54.00 | 1.93% |
| 2 | Dec 11, 2019 | Feb 12, 2020 | Feb 25, 2020 | £285.88 | 3.92% |
| 3 | Dec 13, 2018 | Feb 13, 2019 | Feb 26, 2019 | £381.18 | 4.57% |
| 4 | Feb 11, 2019 | Feb 11, 2019 | Feb 11, 2019 | £72.00 | 0.751% |
| 5 | Dec 13, 2017 | Feb 14, 2018 | Feb 16, 2018 | £344.12 | 0.0221% |
FAQ
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