UBS AG Stock Forecast
UBS AG stock price ended at $27.38 on Friday, after losing 0.400%.
(Updated on Apr 26, 2024)
The UBS AG stock price fell by -0.400% on the last day (Friday, 26th Apr 2024) from $27.49 to $27.38. During the last trading day the stock fluctuated 1.23% from a day low at $27.16 to a day high of $27.49. The price has fallen in 6 of the last 10 days and is down by -4.7% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -775 thousand shares and in total, 2 million shares were bought and sold for approximately $46.81 million.
The stock has broken the wide and weak 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 $27.38. A reaction back to this level may hold a second chance to get out before further falls.
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UBS Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 0.0731%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The UBS 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 $27.82 and $30.08. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for UBS AG stock
UBS AG finds support from accumulated volume at $27.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.335 between high and low, or 1.23%. For the last week, the stock has had daily average volatility of 1.46%.
UBS AG is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (UBS) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect UBS AG to open at $27.34, and during the day (based on 14 day Average True Range), to move between $26.83 and $27.93, which gives a possible trading interval of +/-$0.548 (+/-2.00%) up or down from last closing price. If UBS AG takes out the full calculated possible swing range there will be an estimated 4.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $27.36 (0.07%) than the resistance at $27.76 (1.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is UBS AG stock A Buy?
The UBS AG stock holds several negative signals and despite the positive trend, we believe UBS AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.021 Sell Candidate Unchanged
Predicted Opening Price for UBS AG of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $27.34 ( 0.140%) | $27.38 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UBS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 27.68 | 1.08 % | |
| R2 | 27.55 | 0.616 % | ||
| R1 | 27.47 | 0.327 % | ||
| Current price: | 27.38 | |||
| Support | S1 | 27.21 | -0.607 % | |
| S2 | 27.13 | -0.90 % | ||
| S3 | 27.01 | -1.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.15 | 13.77 % | |
| R2 | 28.15 | 2.81 % | ||
| R1 | 27.76 | 1.39 % | ||
| Current price | 27.38 | |||
| Support | S1 | 27.36 | -0.0730% | |
| S2 | 27.05 | -1.21% | ||
| S3 | 0 | . |
UBS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 06, 2024 | May 01, 2024 | May 03, 2024 | $0.228 | 0.83% |
| 2 | Jan 31, 2023 | Apr 12, 2023 | Apr 14, 2023 | $0.550 | 2.51% |
| 3 | Feb 02, 2022 | Apr 12, 2022 | Apr 14, 2022 | $0.500 | 2.84% |
| 4 | Jan 27, 2021 | Apr 13, 2021 | Apr 15, 2021 | $0.370 | 2.33% |
| 5 | Nov 24, 2020 | Nov 24, 2020 | Nov 24, 2020 | $0.366 | 2.48% |
FAQ
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