WISeKey International Holding AG Stock Forecast
WISeKey International Holding AG stock price ended at 4.30 Fr on Thursday, after losing 0.116%.
(Updated on Mar 28, 2024)
The WISeKey International Holding AG stock price fell by -0.116% on the last day (Thursday, 28th Mar 2024) from 4.30 Fr to 4.30 Fr. During the last trading day the stock fluctuated 3.25% from a day low at 4.16 Fr to a day high of 4.30 Fr. The price has fallen in 6 of the last 10 days and is down by -3.7% for this period. 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 -3 thousand shares and in total, 3 thousand shares were bought and sold for approximately 11.01 Fr thousand.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.23% during the next 3 months and, with a 90% probability hold a price between 4.16 Fr and 6.53 Fr at the end of this 3-month period.
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WIHN.SW Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The WISeKey International Holding 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 4.32 Fr and 4.39 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, January 16, 2024, and so far it has fallen -17.40%. Further fall is indicated until a new bottom pivot has been found. 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. The stock had a Golden Star Signal on Tuesday, March 12, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Tuesday, March 12, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for WISeKey International Holding AG stock
WISeKey International Holding AG finds support from accumulated volume at 4.10 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 controlled movements and therefore the general risk is considered 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 0.135 Fr between high and low, or 3.25%. For the last week the stock has had daily average volatility of 3.90%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WIHN.SW) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect WISeKey International Holding AG to open at 4.25 Fr, and during the day (based on 14 day Average True Range), to move between 4.03 Fr and 4.56 Fr, which gives a possible trading interval of +/-0.265 Fr (+/-6.17%) up or down from last closing price. If WISeKey International Holding AG takes out the full calculated possible swing range there will be an estimated 12.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 4.30 Fr (0.12%) than the support at 4.10 Fr (4.54%), 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 WISeKey International Holding AG stock A Buy?
The WISeKey International Holding AG stock holds several negative signals and despite the positive trend, we believe WISeKey International Holding AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.275 Sell Candidate Unchanged
Predicted Opening Price for WISeKey International Holding AG of Tuesday, April 2, 2024
Fair opening price April 2, 2024 | Current price |
---|---|
4.25 Fr ( 1.05%) | 4.30 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WIHN.SW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4.39 | 2.10 % | |
R2 | 4.33 | 0.89 % | ||
R1 | 4.30 | 0.153 % | ||
Current price: | 4.30 | |||
Support | S1 | 4.20 | -2.25 % | |
S2 | 4.17 | -2.99 % | ||
S3 | 4.12 | -4.19 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4.40 | 2.44 % | |
R2 | 4.35 | 1.16 % | ||
R1 | 4.30 | 0.116 % | ||
Current price | 4.30 | |||
Support | S1 | 4.10 | -4.54% | |
S2 | 4.00 | -6.87% | ||
S3 | 3.75 | -12.69% |
FAQ
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