0% commission for ETF tradesUBS AG Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
A buy signal generated when short-term moving averages cross long-term moving averages in an upward direction.
Sell Signal (MA)
A sell signal generated when short-term moving averages cross long-term moving averages in a downward direction.
AI Analysis of UBS
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Weaker technical forecast for UBS AG as stock downgraded to Hold/Accumulate
(Updated on Sep 19, 2024)
Buy or Hold candidate since Sep 17, 2024
Gain 2.15%
The UBS AG stock price gained 1.64% on the last trading day (Thursday, 19th Sep 2024), rising from $29.91 to $30.40. During the last trading day the stock fluctuated 1.18% from a day low at $30.10 to a day high of $30.46. The price has risen in 6 of the last 10 days and is up by 3.54% over the past 2 weeks. Volume fell on the last day by -310 thousand shares and in total, 1 million shares were bought and sold for approximately $30.74 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 lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $31.08 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.20% during the next 3 months and, with a 90% probability hold a price between $27.01 and $30.40 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.
UBS Signals & Forecast
The UBS AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $29.63 and $29.67. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, September 06, 2024, and so far it has risen 6.55%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for UBS AG stock
UBS AG finds support from accumulated volume at $30.15 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 $0.355 between high and low, or 1.18%. For the last week, the stock has had daily average volatility of 1.22%.
Our recommended stop-loss: $28.86 (-5.06%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 16 days ago.)
Trading Expectations (UBS) For The Upcoming Trading Day Of Friday 20th
For the upcoming trading day on Friday, 20th we expect UBS AG to open at $30.32, and during the day (based on 14 day Average True Range), to move between $29.88 and $30.92, which gives a possible trading interval of +/-$0.524 (+/-1.72%) up or down from last closing price. If UBS AG takes out the full calculated possible swing range there will be an estimated 3.45% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $30.46 (0.20%) than the support at $30.15 (0.82%), 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 UBS AG stock A Buy?
UBS AG holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score:
0.781
Hold/Accumulate
Downgraded
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Predicted Fair Opening Price
Predicted fair opening price on September 20, 2024 - $30.32 ( 0.269%). 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 | |
|---|---|---|
| R3 | 30.67 | 0.90% |
| R2 | 30.54 | 0.453% |
| R1 | 30.45 | 0.177% |
| Price | 30.40 | |
| S1 | 30.18 | -0.715% |
| S2 | 30.10 | -0.99% |
| S3 | 29.96 | -1.44% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30.89 | 1.61% |
| R2 | 30.68 | 0.92% |
| R1 | 30.46 | 0.197% |
| Price | 30.40 | |
| S1 | 30.15 | -0.82% |
| S2 | 29.21 | -3.91% |
| S3 | 27.97 | -7.99% |
UBS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 06, 2024 | May 01, 2024 | May 03, 2024 | $0.228 | 0.84% |
| 2 | Feb 06, 2024 | Apr 30, 2024 | May 03, 2024 | $0.697 | 2.57% |
| 3 | Jan 31, 2023 | Apr 12, 2023 | Apr 14, 2023 | $0.550 | 2.51% |
| 4 | Feb 02, 2022 | Apr 12, 2022 | Apr 14, 2022 | $0.500 | 2.84% |
| 5 | Jan 27, 2021 | Apr 13, 2021 | Apr 15, 2021 | $0.370 | 2.33% |
FAQ
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