Warteck Invest AG Stock Forecast
Warteck Invest AG stock downgraded from Hold/Accumulate to Sell Candidate after Monday trading session.
(Updated on Jun 17, 2024)
The Warteck Invest AG stock price fell by -0.90% on the last day (Monday, 17th Jun 2024) from 1,670.00 Fr to 1,655.00 Fr. During the last trading day the stock fluctuated 1.52% from a day low at 1,640.00 Fr to a day high of 1,665.00 Fr. The price has fallen in 5 of the last 10 days and is down by -3.22% for this period. Volume has increased on the last day by 221 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, 417 shares were bought and sold for approximately 690.14 Fr thousand.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 1,632.51 Fr is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -7.72% during the next 3 months and, with a 90% probability hold a price between 1,506.47 Fr and 1,651.85 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, June 12, 2024, and so far it has risen 0.91%. 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. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 1,661.43 Fr and 1,763.00 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). Warteck Invest AG gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Warteck Invest AG stock
Warteck Invest AG finds support from accumulated volume at 1,640.00 Fr 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 25.00 Fr between high and low, or 1.52%. For the last week, the stock has had daily average volatility of 2.02%.
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 Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Warteck Invest AG to open at 1,653.33 Fr, and during the day (based on 14 day Average True Range), to move between 1,624.10 Fr and 1,685.90 Fr, which gives a possible trading interval of +/-30.90 Fr (+/-1.87%) up or down from last closing price. If Warteck Invest AG takes out the full calculated possible swing range there will be an estimated 3.73% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1,665.00 Fr (0.60%) than the support at 1,640.00 Fr (0.91%), 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: -1.722 Sell Candidate Downgraded
Predicted Opening Price for Warteck Invest AG of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| 1,653.33 Fr ( 0.101%) | 1,655.00 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 | |
|---|---|---|
| R3 | 1,678.33 | 1.41% |
| R2 | 1,668.78 | 0.83% |
| R1 | 1,662.88 | 0.476% |
| Price | 1,655.00 | |
| S1 | 1,643.78 | -0.678% |
| S2 | 1,637.88 | -1.03% |
| S3 | 1,628.33 | -1.61% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,820.00 | 9.97% |
| R2 | 1,675.00 | 1.21% |
| R1 | 1,665.00 | 0.604% |
| Price | 1,655.00 | |
| S1 | 1,640.00 | -0.91% |
| S2 | 0 | - |
| S3 | 0 | - |
WARN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 31, 2024 | May 31, 2024 | Jun 04, 2024 | 35.00 Fr | 2.08% |
| 2 | May 12, 2023 | May 12, 2023 | May 16, 2023 | 70.00 Fr | 3.60% |
| 3 | May 20, 2022 | May 20, 2022 | May 24, 2022 | 70.00 Fr | 3.11% |
| 4 | May 28, 2021 | May 28, 2021 | May 28, 2021 | 70.00 Fr | 3.00% |
| 5 | Mar 20, 2020 | May 29, 2020 | Jun 03, 2020 | 70.00 Fr | 3.49% |
FAQ
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