Warteck Invest 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
Green day on Friday for Warteck Invest AG
(Updated on Jun 14, 2024)
The Warteck Invest AG stock price gained 0.300% on the last trading day (Friday, 14th Jun 2024), rising from 1,665.00 Fr to 1,670.00 Fr. During the last trading day the stock fluctuated 2.42% from a day low at 1,650.00 Fr to a day high of 1,690.00 Fr. The price has fallen in 5 of the last 10 days and is down by -5.38% for this period. Volume fell on the last day by -2 thousand shares and in total, 196 shares were bought and sold for approximately 327.32 Fr thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 -7.38% during the next 3 months and, with a 90% probability hold a price between 1,514.57 Fr and 1,661.44 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
There are mixed signals in the stock today. The Warteck Invest AG stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 1,767.14 Fr. On a fall, the stock will find some support from the short-term average at 1,664.29 Fr. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has risen 1.83%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Warteck Invest AG stock
Warteck Invest AG finds support from accumulated volume at 1,665.00 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 40.00 Fr between high and low, or 2.42%. For the last week the stock has had daily average volatility of 1.90%.
Our recommended stop-loss: 1,575.63 Fr (-5.65%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (WARN.SW) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Warteck Invest AG to open at 1,670.00 Fr, and during the day (based on 14 day Average True Range), to move between 1,639.02 Fr and 1,700.98 Fr, which gives a possible trading interval of +/-30.98 Fr (+/-1.85%) up or down from last closing price. If Warteck Invest AG takes out the full calculated possible swing range there will be an estimated 3.71% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 1,675.00 Fr (0.30%) than the support at 1,665.00 Fr (0.30%), 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 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: -0.701 Hold/Accumulate Unchanged
Predicted Opening Price for Warteck Invest AG of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| 1,670.00 Fr ( 0%) | 1,670.00 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 | 1,710.00 | 2.40% |
| R2 | 1,694.72 | 1.48% |
| R1 | 1,685.28 | 0.91% |
| Price | 1,670.00 | |
| S1 | 1,654.72 | -0.91% |
| S2 | 1,645.28 | -1.48% |
| S3 | 1,630.00 | -2.40% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,820.00 | 8.98% |
| R2 | 1,720.00 | 2.99% |
| R1 | 1,675.00 | 0.299% |
| Price | 1,670.00 | |
| S1 | 1,665.00 | -0.299% |
| S2 | 1,655.00 | -0.90% |
| S3 | 1,640.00 | -1.80% |
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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