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 GNGBY
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GETINGE AB UNSP ADR stock downgraded from Hold/Accumulate to Sell Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The GETINGE AB UNSP ADR stock price gained 2.98% on the last trading day (Wednesday, 27th Mar 2024), rising from $19.82 to $20.41. During the last trading day the stock fluctuated 0.84% from a day low at $20.24 to a day high of $20.41. The price has been going up and down for this period, and there has been a -1.73% loss for the last 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 3 thousand shares were bought and sold for approximately $57.64 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 stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $20.41, a level that may pose a second chance to hit a runner. According to fan-theory $23.90 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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GNGBY Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.73%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. The GETINGE AB UNSP ADR 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 $19.94 and $19.79. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Tuesday, October 31, 2023 in the long-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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, October 31, 2023 in the long-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 GETINGE AB UNSP ADR stock

On the downside, the stock finds support just below today's level from accumulated volume at $18.95 and $18.65. 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, GETINGE AB UNSP ADR finds support just below today's level at $18.95. If this is broken, then the next support from accumulated volume will be at $18.65 and $18.22.

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 $0.170 between high and low, or 0.84%. For the last week the stock has had daily average volatility of 1.03%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 28th we expect GETINGE AB UNSP ADR to open at $20.35, and during the day (based on 14 day Average True Range), to move between $20.01 and $20.81, which gives a possible trading interval of +/-$0.396 (+/-1.94%) up or down from last closing price. If GETINGE AB UNSP ADR takes out the full calculated possible swing range there will be an estimated 3.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.77 (1.76%) than the support at $18.95 (7.15%), 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 GETINGE AB UNSP ADR stock A Buy?

GETINGE AB UNSP ADR 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.367 Sell Candidate Downgraded

Predicted Opening Price for GETINGE AB UNSP ADR of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$20.35 ( 0.278%) $20.41

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

Trading levels for GNGBY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.52 0.555 %
R2 20.46 0.237 %
R1 20.42 0.0405 %
Current price: 20.41
Support S1 20.29 -0.596 %
S2 20.25 -0.792 %
S3 20.18 -1.11 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.55 5.59 %
R2 21.29 4.31 %
R1 20.77 1.76 %
Current price 20.41
Support S1 18.95 -7.15%
S2 18.65 -8.62%
S3 18.22 -10.73%

GNGBY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 23, 2024 Apr 23, 2024 Apr 23, 2024 $0 0%
2 Jul 26, 2023 Apr 27, 2023 May 19, 2023 $0.401 1.63%
3 Apr 27, 2022 Apr 27, 2022 Apr 27, 2022 $0.427 1.47%
4 Apr 21, 2021 Apr 21, 2021 Apr 21, 2021 $0.362 1.13%
5 Jun 29, 2020 Jun 29, 2020 Jun 29, 2020 $0.160 0.87%

FAQ

What is the symbol for GETINGE AB UNSP ADR Stock and on which exchange is it traded?
The symbol for GETINGE AB UNSP ADR is GNGBY and it is traded on the PINK (Pink Sheets).

Should I buy or sell GETINGE AB UNSP ADR Stock?
GETINGE AB UNSP ADR 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy GETINGE AB UNSP ADR Stock?
GETINGE AB UNSP 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 GETINGE AB UNSP ADR Stock.

What's the current price of GETINGE AB UNSP ADR Stock?
As of the end of day on the 2024-03-27, the price of an GETINGE AB UNSP ADR (GNGBY) share was $20.41.

What is the 52-week high and low for GETINGE AB UNSP ADR Stock?
The 52-week high for GETINGE AB UNSP ADR Stock is $26.22 and the 52-week low is $16.21.

What is the market capitalization of GETINGE AB UNSP ADR Stock?
As of the 2024-03-27, the market capitalization of GETINGE AB UNSP ADR is 5.603B.
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About GETINGE AB UNSP ADR

GETINGE AB UNSP ADR Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers sterile transfer systems, closure processing systems, washers, isolators, sterilizers, logistic automation solutions, bioreactors, bioprocess control systems, bioprocess software, biobundles, bioprocess analytics, and ... GNGBY Profile

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