u-blox Holding 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
u-blox Holding AG stock downgraded from Strong Buy Candidate to Buy Candidate after Friday trading session.
(Updated on Jun 14, 2024)
The u-blox Holding AG stock price fell by -3.22% on the last day (Friday, 14th Jun 2024) from 102.40 Fr to 99.10 Fr. During the last trading day the stock fluctuated 2.93% from a day low at 99.10 Fr to a day high of 102.00 Fr. The price has risen in 7 of the last 10 days and is up by 3.55% over the past 2 weeks. Volume has increased on the last day by 1 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, 47 thousand shares were bought and sold for approximately 4.68 Fr million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.63% during the next 3 months and, with a 90% probability hold a price between 108.01 Fr and 123.88 Fr at the end of this 3-month period.
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UBXN.SW Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -3.22%. 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. The u-blox Holding AG stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 98.36 Fr and 93.15 Fr. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for u-blox Holding AG stock
On the downside, the stock finds support just below today's level from accumulated volume at 85.80 Fr and 84.10 Fr. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, u-blox Holding AG finds support just below today's level at 85.80 Fr. If this is broken, then the next support from accumulated volume will be at 84.10 Fr and 83.10 Fr.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 2.90 Fr (2.93%) between high and low. For the last week, the stock has had daily average volatility of 3.16%.
Our recommended stop-loss: 95.75 Fr (-3.38%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (UBXN.SW) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect u-blox Holding AG to open at 100.07 Fr, and during the day (based on 14 day Average True Range), to move between 96.40 Fr and 101.80 Fr, which gives a possible trading interval of +/-2.70 Fr (+/-2.73%) up or down from last closing price. If u-blox Holding AG takes out the full calculated possible swing range there will be an estimated 5.45% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 100.60 Fr (1.51%) than the support at 85.80 Fr (13.42%), 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 u-blox Holding AG stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for u-blox Holding AG stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.
Current score: 1.082 Buy Candidate Downgraded
Predicted Opening Price for u-blox Holding AG of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 100.07 Fr ( 0.98%) | 99.10 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UBXN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 102.97 | 3.90% |
| R2 | 101.86 | 2.78% |
| R1 | 101.17 | 2.09% |
| Price | 99.10 | |
| S1 | 98.96 | -0.142% |
| S2 | 98.27 | -0.83% |
| S3 | 97.17 | -1.95% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 102.40 | 3.33% |
| R1 | 100.60 | 1.51% |
| Price | 99.10 | |
| S1 | 85.80 | -13.42% |
| S2 | 84.10 | -15.14% |
| S3 | 83.10 | -16.15% |
UBXN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 08, 2024 | May 13, 2024 | 1.00 Fr | 1.10% |
| 2 | May 05, 2023 | May 05, 2023 | May 09, 2023 | 2.00 Fr | 1.79% |
| 3 | Jul 07, 2022 | Jul 07, 2022 | Jul 11, 2022 | 1.30 Fr | 1.13% |
| 4 | Jul 06, 2022 | Jul 06, 2022 | Jul 11, 2022 | 1.30 Fr | 1.13% |
| 5 | Jul 10, 2020 | Jul 10, 2020 | Jul 14, 2020 | 0.600 Fr | 0.89% |
FAQ
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