RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BAYRY
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Bayer AG (ADR) stock upgraded to Hold/Accumulate.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Bayer AG (ADR) stock price gained 4.07% on the last trading day (Wednesday, 27th Mar 2024), rising from $7.37 to $7.67. It has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 2.05% from a day low at $7.56 to a day high of $7.71. The price has risen in 7 of the last 10 days and is up by 5.79% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $18.31 million.

Given the current short-term trend, the stock is expected to fall -25.84% during the next 3 months and, with a 90% probability hold a price between $4.99 and $5.69 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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BAYRY Signals & Forecast

The Bayer AG (ADR) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $7.26 and $7.46. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 9.71%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Bayer AG (ADR) stock

Bayer AG (ADR) finds support from accumulated volume at $7.29 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 $0.155 between high and low, or 2.05%. For the last week, the stock has had daily average volatility of 1.30%.

Since the Bayer AG (ADR) has been rising for 6 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.

Our recommended stop-loss: $7.39 (-3.66%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (BAYRY) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Bayer AG (ADR) to open at $7.65, and during the day (based on 14 day Average True Range), to move between $7.50 and $7.84, which gives a possible trading interval of +/-$0.175 (+/-2.28%) up or down from last closing price. If Bayer AG (ADR) takes out the full calculated possible swing range there will be an estimated 4.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.78 (1.43%) than the support at $7.29 (4.95%), 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 Bayer AG (ADR) stock A Buy?

Bayer AG (ADR) 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Bayer AG (ADR) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$7.65 ( 0.326%) $7.67

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BAYRY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.80 1.69 %
R2 7.74 0.92 %
R1 7.70 0.446 %
Current price: 7.67
Support S1 7.59 -1.10 %
S2 7.55 -1.57 %
S3 7.49 -2.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.16 6.39 %
R2 7.83 2.09 %
R1 7.78 1.43 %
Current price 7.67
Support S1 7.29 -4.95%
S2 7.20 -6.13%
S3 6.99 -8.85%

BAYRY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 01, 2023 May 02, 2023 May 15, 2023 $0.632 4.33%
2 May 02, 2022 May 02, 2022 May 16, 2022 $0.549 3.33%
3 Apr 28, 2021 Apr 28, 2021 Apr 28, 2021 $0.594 3.65%
4 Apr 29, 2020 Apr 29, 2020 Apr 29, 2020 $0.769 4.60%
5 Apr 29, 2019 Apr 29, 2019 Apr 29, 2019 $0.789 4.70%

FAQ

What is the symbol for Bayer AG (ADR) Stock and on which exchange is it traded?
The symbol for Bayer AG (ADR) is BAYRY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Bayer AG (ADR) Stock?
Bayer AG (ADR) 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Bayer AG (ADR) Stock?
Bayer AG (ADR) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bayer AG (ADR) Stock.

What's the current price of Bayer AG (ADR) Stock?
As of the end of day on the 2024-03-27, the price of an Bayer AG (ADR) (BAYRY) share was $7.67.

What is the 52-week high and low for Bayer AG (ADR) Stock?
The 52-week high for Bayer AG (ADR) Stock is $17.00 and the 52-week low is $6.96.

What is the market capitalization of Bayer AG (ADR) Stock?
As of the 2024-03-27, the market capitalization of Bayer AG (ADR) is 30.141B.

When is the next earnings date for Bayer AG (ADR)?
The upcoming earnings date for Bayer AG (ADR) is May 09, 2024.
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About Bayer AG (ADR)

Bayer AG (ADR) Bayer Aktiengesellschaft, together its subsidiaries, operates as a life science company worldwide. It operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The Pharmaceuticals segment offers prescription products primarily for cardiology and women's health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and contrast agents, as well as cell and gene ther... BAYRY Profile

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