Wüstenrot & Württembergische AG Stock Forecast
Red day on Tuesday for Wüstenrot & Württembergische AG stock after losing 0.153%
(Updated on Jun 25, 2024)
The Wüstenrot & Württembergische AG stock price fell by -0.153% on the last day (Tuesday, 25th Jun 2024) from 13.06€ to 13.04€. During the last trading day the stock fluctuated 0.92% from a day low at 13.04€ to a day high of 13.16€. The price has fallen in 6 of the last 10 days and is down by -3.26% for this period. Volume has increased on the last day by 10 thousand 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, 30 thousand shares were bought and sold for approximately 393.47€ thousand.
The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 12.94€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Wüstenrot & Württembergische AG stock with a 90% probability to be traded between 12.91€ and 13.68€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
WUW.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 21, 2024, and so far it has risen 0.462%. 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 Wüstenrot & Württembergische 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 13.10€ and 13.31€. 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). Wüstenrot & Württembergische 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".
A buy signal from a double bottom formation was found on Thursday, May 23, 2024 and based on theory for this formation the price should go up by 4.67% to 13.65€ within 26 trading days since signal was issued (Friday, June 28, 2024).
Support, Risk & Stop-loss for Wüstenrot & Württembergische AG stock
Wüstenrot & Württembergische AG finds support from accumulated volume at 13.02€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.120€ between high and low, or 0.92%. For the last week the stock has had daily average volatility of 1.20%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WUW.DE) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Wüstenrot & Württembergische AG to open at 13.08€, and during the day (based on 14 day Average True Range), to move between 12.85€ and 13.23€, which gives a possible trading interval of +/-0.191€ (+/-1.46%) up or down from last closing price. If Wüstenrot & Württembergische AG takes out the full calculated possible swing range there will be an estimated 2.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 13.02€ (0.15%) than the resistance at 13.18€ (1.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Wüstenrot & Württembergische AG stock A Buy?
Wüstenrot & Württembergische 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.
Current score: -2.698 Sell Candidate Unchanged
Predicted Opening Price for Wüstenrot & Württembergische AG of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 13.08€ ( 0.307%) | 13.04€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WUW.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.20 | 1.23% |
| R2 | 13.15 | 0.88% |
| R1 | 13.13 | 0.658% |
| Price | 13.04 | |
| S1 | 13.03 | -0.0448% |
| S2 | 13.01 | -0.262% |
| S3 | 12.96 | -0.613% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.64 | 4.60% |
| R2 | 13.38 | 2.61% |
| R1 | 13.18 | 1.07% |
| Price | 13.04 | |
| S1 | 13.02 | -0.153% |
| S2 | 12.98 | -0.460% |
| S3 | 12.96 | -0.613% |
WUW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 15, 2024 | May 15, 2024 | May 17, 2024 | 0.650€ | 4.97% |
| 2 | May 24, 2023 | May 24, 2023 | May 24, 2023 | 0.650€ | 3.99% |
| 3 | May 26, 2022 | May 26, 2022 | May 26, 2022 | 0.650€ | 3.71% |
| 4 | May 21, 2021 | May 21, 2021 | May 21, 2021 | 0.650€ | 3.34% |
| 5 | Mar 30, 2020 | Jun 26, 2020 | Jun 30, 2020 | 0.650€ | 4.29% |
FAQ
Click here for our free guide on how to buy Wüstenrot & Württembergische AG Stock.
