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 CRZBY
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Green day on Thursday for Commerzbank A G Spon
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 05, 2024 Gain 17.16% PDF

The Commerzbank A G Spon stock price gained 0.109% on the last trading day (Thursday, 28th Mar 2024), rising from $13.78 to $13.79. During the last trading day the stock fluctuated 1.03% from a day low at $13.65 to a day high of $13.79. The price has risen in 7 of the last 10 days and is up by 8.24% over the past 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 6 thousand shares were bought and sold for approximately $79.33 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 upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $14.00 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 8.59% during the next 3 months and, with a 90% probability hold a price between $12.74 and $15.20 at the end of this 3-month period.

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CRZBY Signals & Forecast

The Commerzbank A G Spon stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $13.65 and $12.26. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 08, 2024, and so far it has risen 24.01%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Commerzbank A G Spon stock

On the downside, the stock finds support just below today's level from accumulated volume at $12.69 and $11.68. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Commerzbank A G Spon finds support just below today's level at $12.69. If this is broken, then the next support from accumulated volume will be at $11.68 and $11.59.

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 $0.140 between high and low, or 1.03%. For the last week the stock has had daily average volatility of 0.87%.

The Commerzbank A G Spon stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $13.42 (-2.70%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 90 and this increases the risk substantially. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (CRZBY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Commerzbank A G Spon to open at $13.74, and during the day (based on 14 day Average True Range), to move between $13.58 and $14.00, which gives a possible trading interval of +/-$0.215 (+/-1.56%) up or down from last closing price. If Commerzbank A G Spon takes out the full calculated possible swing range there will be an estimated 3.12% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $12.69, some $1.10 (7.96%) from the current price of $13.79, our system finds the risk reward attractive.

Is Commerzbank A G Spon stock A Buy?

Commerzbank A G Spon 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: 0.000 Hold/Accumulate Unchanged

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 Commerzbank A G Spon of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$13.74 ( 0.338%) $13.79

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

Trading levels for CRZBY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.88 0.677 %
R2 13.83 0.289 %
R1 13.80 0.0494 %
Current price: 13.79
Support S1 13.69 -0.726 %
S2 13.66 -0.97 %
S3 13.60 -1.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 13.79
Support S1 12.69 -7.96%
S2 11.68 -15.30%
S3 11.59 -15.95%

CRZBY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2023 Jun 01, 2023 Jun 15, 2023 $0.219 1.97%
2 May 08, 2019 May 23, 2019 Jun 06, 2019 $0.224 3.15%
3 Apr 18, 2016 Apr 18, 2016 Apr 18, 2016 $0.228 2.41%
4 May 30, 2013 May 30, 2013 May 30, 2013 $3.65 32.88%
5 Jun 09, 2011 Jun 09, 2011 Jun 09, 2011 $13.81 29.96%

FAQ

What is the symbol for Commerzbank A G Spon Stock and on which exchange is it traded?
The symbol for Commerzbank A G Spon is CRZBY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Commerzbank A G Spon Stock?
Commerzbank A G Spon 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.

How to buy Commerzbank A G Spon Stock?
Commerzbank A G Spon Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Commerzbank A G Spon Stock.

What's the current price of Commerzbank A G Spon Stock?
As of the end of day on the 2024-03-28, the price of an Commerzbank A G Spon (CRZBY) share was $13.79.

What is the 52-week high and low for Commerzbank A G Spon Stock?
The 52-week high for Commerzbank A G Spon Stock is $13.89 and the 52-week low is $9.72.

What is the market capitalization of Commerzbank A G Spon Stock?
As of the 2024-03-28, the market capitalization of Commerzbank A G Spon is 17.103B.
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About Commerzbank A G Spon

Commerzbank A G Spon Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letter... CRZBY Profile

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