Julius Baer Group Ltd Stock Forecast
Julius Baer Group Ltd stock price ended at $10.76 on Tuesday, after gaining 1.99%.
(Updated on Apr 23, 2024)
The Julius Baer Group Ltd stock price gained 1.99% on the last trading day (Tuesday, 23rd Apr 2024), rising from $10.55 to $10.76. During the last trading day the stock fluctuated 0.747% from a day low at $10.71 to a day high of $10.79. The price has been going up and down for this period, and there has been a -7.88% loss for the last 2 weeks. Volume fell on the last day by -110 thousand shares and in total, 96 thousand shares were bought and sold for approximately $1.03 million. 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 middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.96% during the next 3 months and, with a 90% probability hold a price between $10.85 and $12.22 at the end of this 3-month period.
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JBAXY Signals & Forecast
There are mixed signals in the stock today. The Julius Baer Group Ltd stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $11.22. On a fall, the stock will find some support from the short-term average at $10.55. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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 also not. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 3.46%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Julius Baer Group Ltd stock
Julius Baer Group Ltd finds support from accumulated volume at $10.60 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0800 between high and low, or 0.747%. For the last week the stock has had daily average volatility of 0.99%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (JBAXY) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Julius Baer Group Ltd to open at $10.75, and during the day (based on 14 day Average True Range), to move between $10.55 and $10.97, which gives a possible trading interval of +/-$0.208 (+/-1.93%) up or down from last closing price. If Julius Baer Group Ltd takes out the full calculated possible swing range there will be an estimated 3.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $10.84 (0.74%) than the support at $10.60 (1.49%), 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 Julius Baer Group Ltd stock A Buy?
Julius Baer Group Ltd 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: -1.381 Sell Candidate Unchanged
Predicted Opening Price for Julius Baer Group Ltd of Wednesday, April 24, 2024
| Fair opening price April 24, 2024 | Current price |
|---|---|
| $10.75 ( 0.0620%) | $10.76 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JBAXY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.83 | 0.682 % | |
| R2 | 10.80 | 0.398 % | ||
| R1 | 10.78 | 0.222 % | ||
| Current price: | 10.76 | |||
| Support | S1 | 10.72 | -0.346 % | |
| S2 | 10.70 | -0.521 % | ||
| S3 | 10.67 | -0.81 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.49 | 6.78 % | |
| R2 | 10.91 | 1.39 % | ||
| R1 | 10.84 | 0.743 % | ||
| Current price | 10.76 | |||
| Support | S1 | 10.60 | -1.49% | |
| S2 | 10.57 | -1.77% | ||
| S3 | 10.47 | -2.70% |
JBAXY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 15, 2024 | Apr 15, 2024 | May 01, 2024 | $0.342 | 3.18% |
| 2 | Jul 16, 2023 | Apr 17, 2023 | May 03, 2023 | $0.572 | 4.06% |
| 3 | Apr 18, 2022 | Apr 18, 2022 | Apr 18, 2022 | $0.563 | 5.37% |
| 4 | Apr 16, 2021 | Apr 16, 2021 | Apr 16, 2021 | $0.390 | 2.97% |
| 5 | Nov 04, 2020 | Nov 04, 2020 | Nov 04, 2020 | $0.166 | 1.75% |
FAQ
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