Vontobel Holding AG Stock Forecast
Vontobel Holding AG stock price up 0.186% on Friday
(Updated on May 31, 2024)
The Vontobel Holding AG stock price gained 0.186% on the last trading day (Friday, 31st May 2024), rising from 53.80 Fr to 53.90 Fr. During the last trading day the stock fluctuated 1.50% from a day low at 53.40 Fr to a day high of 54.20 Fr. The price has fallen in 7 of the last 10 days and is down by -3.58% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 56 thousand more shares were traded than the day before. In total, 95 thousand shares were bought and sold for approximately 5.13 Fr million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vontobel Holding AG stock with a 90% probability to be traded between 49.38 Fr and 56.95 Fr at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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VONN.SW Signals & Forecast
The Vontobel Holding AG stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 54.49 Fr. On a fall, the stock will find some support from the long-term average at approximately 52.74 Fr. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 16, 2024, and so far it has fallen -3.58%. 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).
Support, Risk & Stop-loss for Vontobel Holding AG stock
Vontobel Holding AG finds support from accumulated volume at 53.50 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 0.80 Fr (1.50%) between high and low. For the last week, the stock has had daily average volatility of 1.67%.
Our recommended stop-loss: 51.19 Fr (-5.04%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 30 days ago.)
Trading Expectations (VONN.SW) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Vontobel Holding AG to open at 53.83 Fr, and during the day (based on 14 day Average True Range), to move between 52.96 Fr and 54.84 Fr, which gives a possible trading interval of +/-0.94 Fr (+/-1.74%) up or down from last closing price. If Vontobel Holding AG takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 54.00 Fr (0.19%) than the support at 53.50 Fr (0.74%), 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 Vontobel Holding AG stock A Buy?
Vontobel Holding 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.
Current score: 0.949 Hold/Accumulate Unchanged
Predicted Opening Price for Vontobel Holding AG of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 53.83 Fr ( 0.124%) | 53.90 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VONN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 54.63 | 1.36 % | |
| R2 | 54.33 | 0.794 % | ||
| R1 | 54.14 | 0.443 % | ||
| Current price: | 53.90 | |||
| Support | S1 | 53.53 | -0.691 % | |
| S2 | 53.34 | -1.04 % | ||
| S3 | 53.03 | -1.61 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 54.70 | 1.48 % | |
| R2 | 54.20 | 0.557 % | ||
| R1 | 54.00 | 0.186 % | ||
| Current price | 53.90 | |||
| Support | S1 | 53.50 | -0.742% | |
| S2 | 53.30 | -1.11% | ||
| S3 | 52.00 | -3.53% |
VONN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 11, 2024 | Apr 11, 2024 | Apr 11, 2024 | 0 Fr | 0% |
| 2 | Apr 06, 2023 | Apr 06, 2023 | Apr 12, 2023 | 3.00 Fr | 5.15% |
| 3 | Apr 08, 2022 | Apr 08, 2022 | Apr 08, 2022 | 3.00 Fr | 4.16% |
| 4 | Apr 22, 2021 | Apr 22, 2021 | Apr 22, 2021 | 2.25 Fr | 3.14% |
| 5 | Feb 12, 2020 | Apr 01, 2020 | Apr 03, 2020 | 2.25 Fr | 5.09% |
FAQ
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