Warteck Invest AG Stock Forecast
Warteck Invest AG stock downgraded to Sell Candidate
(Updated on May 24, 2024)
The Warteck Invest AG stock price fell by -0.554% on the last day (Friday, 24th May 2024) from 1,805.00 Fr to 1,795.00 Fr. During the last trading day the stock fluctuated 0.84% from a day low at 1,790.00 Fr to a day high of 1,805.00 Fr. The price has been going up and down for this period, and there has been a -0.55% loss for the last 2 weeks. 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 -41 shares and in total, 55 shares were bought and sold for approximately 98.73 Fr thousand.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.74% during the next 3 months and, with a 90% probability hold a price between 1,653.11 Fr and 1,742.42 Fr 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.
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WARN.SW Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 10, 2024, and so far it has risen 0.84%. 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 Warteck Invest 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 1,805.00 Fr and 1,802.14 Fr. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Warteck Invest AG stock
Warteck Invest AG finds support from accumulated volume at 1,790.00 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 15.00 Fr between high and low, or 0.84%. For the last week the stock has had daily average volatility of 0.781%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WARN.SW) For The Upcoming Trading Day Of Monday 27th
For the upcoming trading day on Monday, 27th we expect Warteck Invest AG to open at 1,796.67 Fr, and during the day (based on 14 day Average True Range), to move between 1,779.14 Fr and 1,810.86 Fr, which gives a possible trading interval of +/-15.86 Fr (+/-0.88%) up or down from last closing price. If Warteck Invest AG takes out the full calculated possible swing range there will be an estimated 1.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1,800.00 Fr (0.28%) than the support at 1,790.00 Fr (0.28%), 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 Warteck Invest AG stock A Buy?
Warteck Invest AG holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.693 Sell Candidate Downgraded
Predicted Opening Price for Warteck Invest AG of Monday, May 27, 2024
| Fair opening price May 27, 2024 | Current price |
|---|---|
| 1,796.67 Fr ( 0.0929%) | 1,795.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WARN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,811.67 | 0.93 % | |
| R2 | 1,805.94 | 0.609 % | ||
| R1 | 1,802.40 | 0.412 % | ||
| Current price: | 1,795.00 | |||
| Support | S1 | 1,790.94 | -0.226 % | |
| S2 | 1,787.40 | -0.424 % | ||
| S3 | 1,781.67 | -0.743 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,810.00 | 0.84 % | |
| R2 | 1,805.00 | 0.557 % | ||
| R1 | 1,800.00 | 0.279 % | ||
| Current price | 1,795.00 | |||
| Support | S1 | 1,790.00 | -0.279% | |
| S2 | 1,780.00 | -0.84% | ||
| S3 | 0 | . |
WARN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 31, 2024 | May 31, 2024 | May 31, 2024 | 0 Fr | 0% |
| 2 | May 12, 2023 | May 12, 2023 | May 16, 2023 | 70.00 Fr | 3.52% |
| 3 | May 20, 2022 | May 20, 2022 | May 24, 2022 | 70.00 Fr | 3.04% |
| 4 | May 28, 2021 | May 28, 2021 | May 28, 2021 | 70.00 Fr | 2.93% |
| 5 | Mar 20, 2020 | May 29, 2020 | Jun 03, 2020 | 70.00 Fr | 3.41% |
FAQ
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