Zug Estates Holding AG Stock Forecast
Zug Estates Holding AG stock price down 1.40% on Friday
(Updated on May 17, 2024)
The Zug Estates Holding AG stock price fell by -1.40% on the last day (Friday, 17th May 2024) from 1,785.00 Fr to 1,760.00 Fr. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.59% from a day low at 1,735.00 Fr to a day high of 1,780.00 Fr. The price has fallen in 6 of the last 10 days and is down by -1.4% 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 -110 shares and in total, 137 shares were bought and sold for approximately 241.12 Fr 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 1,749.06 Fr will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Zug Estates Holding AG stock with a 90% probability to be traded between 1,741.74 Fr and 1,875.39 Fr 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.
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ZUGN.SW Signals & Forecast
There are mixed signals in the stock today. The Zug Estates 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 1,790.00 Fr and 1,806.57 Fr. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Monday, May 06, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Zug Estates Holding AG stock
Zug Estates Holding AG finds support from accumulated volume at 1,755.00 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 45.00 Fr between high and low, or 2.59%. For the last week the stock has had daily average volatility of 1.42%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ZUGN.SW) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Zug Estates Holding AG to open at 1,758.33 Fr, and during the day (based on 14 day Average True Range), to move between 1,733.16 Fr and 1,786.84 Fr, which gives a possible trading interval of +/-26.84 Fr (+/-1.52%) up or down from last closing price. If Zug Estates Holding AG takes out the full calculated possible swing range there will be an estimated 3.05% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 1,755.00 Fr (0.28%) than the resistance at 1,780.00 Fr (1.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Zug Estates Holding AG stock A Buy?
Zug Estates Holding AG holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.291 Sell Candidate Unchanged
Predicted Opening Price for Zug Estates Holding AG of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| 1,758.33 Fr ( 0.0947%) | 1,760.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZUGN.SW
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,803.33 | 2.46 % | |
| R2 | 1,786.14 | 1.49 % | ||
| R1 | 1,775.52 | 0.88 % | ||
| Current price: | 1,760.00 | |||
| Support | S1 | 1,741.14 | -1.07 % | |
| S2 | 1,730.52 | -1.67 % | ||
| S3 | 1,713.33 | -2.65 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,800.00 | 2.27 % | |
| R2 | 1,785.00 | 1.42 % | ||
| R1 | 1,780.00 | 1.14 % | ||
| Current price | 1,760.00 | |||
| Support | S1 | 1,755.00 | -0.284% | |
| S2 | 1,750.00 | -0.568% | ||
| S3 | 1,725.00 | -1.99% |
ZUGN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 11, 2024 | Apr 11, 2024 | Apr 11, 2024 | 0 Fr | 0% |
| 2 | Apr 12, 2023 | Apr 12, 2023 | Apr 12, 2023 | 41.00 Fr | 2.28% |
| 3 | Apr 14, 2022 | Apr 14, 2022 | Apr 14, 2022 | 37.50 Fr | 1.84% |
| 4 | Apr 15, 2021 | Apr 15, 2021 | Apr 15, 2021 | 10.00 Fr | 0.503% |
| 5 | Mar 06, 2020 | Apr 09, 2020 | Apr 15, 2020 | 13.00 Fr | 0.691% |
FAQ
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