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
Red day on Tuesday for u-blox Holding AG
(Updated on Jun 25, 2024)
The u-blox Holding AG stock price fell by -0.529% on the last day (Tuesday, 25th Jun 2024) from 94.50 Fr to 94.00 Fr. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 1.72% from a day low at 92.80 Fr to a day high of 94.40 Fr. The price has fallen in 6 of the last 10 days and is down by -1.98% for this period. Volume has increased on the last day by 7 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, 18 thousand shares were bought and sold for approximately 1.66 Fr million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 91.45 Fr is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 19.89% during the next 3 months and, with a 90% probability hold a price between 109.64 Fr and 125.55 Fr at the end of this 3-month period.
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UBXN.SW Signals & Forecast
There are few to no technical positive signals at the moment. The u-blox Holding AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 97.07 Fr and 95.53 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -8.20%. 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.
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 86.90 Fr and 85.80 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 86.90 Fr. If this is broken, then the next support from accumulated volume will be at 85.80 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 1.60 Fr (1.72%) between high and low. For the last week, the stock has had daily average volatility of 2.41%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (UBXN.SW) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect u-blox Holding AG to open at 93.73 Fr, and during the day (based on 14 day Average True Range), to move between 91.51 Fr and 96.49 Fr, which gives a possible trading interval of +/-2.49 Fr (+/-2.64%) 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 5.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 95.00 Fr (1.06%) than the support at 86.90 Fr (7.55%), 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?
The u-blox Holding AG stock holds several negative signals and despite the positive trend, we believe u-blox Holding AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.882 Sell Candidate Unchanged
Predicted Opening Price for u-blox Holding AG of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 93.73 Fr ( 0.284%) | 94.00 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 | 95.33 | 1.42% |
| R2 | 94.72 | 0.768% |
| R1 | 94.34 | 0.367% |
| Price | 94.00 | |
| S1 | 93.12 | -0.93% |
| S2 | 92.74 | -1.34% |
| S3 | 92.13 | -1.99% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 102.40 | 8.94% |
| R2 | 99.10 | 5.43% |
| R1 | 95.00 | 1.06% |
| Price | 94.00 | |
| S1 | 86.90 | -7.55% |
| S2 | 85.80 | -8.72% |
| S3 | 83.10 | -11.60% |
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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