Wolters Kluwer NV Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Evaluation of Wolters Kluwer NV stock downgraded after the last trading session.
(Updated on Apr 16, 2024)
The Wolters Kluwer NV stock price fell by -0.527% on the last day (Tuesday, 16th Apr 2024) from 142.20€ to 141.45€. During the last trading day the stock fluctuated 1.36% from a day low at 140.00€ to a day high of 141.90€. The price has fallen in 6 of the last 10 days and is down by -2.58% for this period. Volume has increased on the last day by 68 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 476 thousand shares were bought and sold for approximately 67.29€ million.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 139.93€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.64% during the next 3 months and, with a 90% probability hold a price between 145.02€ and 156.69€ at the end of this 3-month period.
WKL.AS Signals & Forecast
There are mixed signals in the stock today. The Wolters Kluwer NV 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 144.00€. On a fall, the stock will find some support from the short-term average at 140.72€. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. A buy signal was issued from a pivot bottom point on Thursday, April 04, 2024, and so far it has risen 1.58%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Wolters Kluwer NV stock
Wolters Kluwer NV finds support from accumulated volume at 140.30€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.90€ between high and low, or 1.36%. For the last week the stock has had daily average volatility of 1.42%.
Our recommended stop-loss: 134.57€ (-4.86%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (WKL.AS) For The Upcoming Trading Day Of Wednesday 17th
For the upcoming trading day on Wednesday, 17th we expect Wolters Kluwer NV to open at 141.12€, and during the day (based on 14 day Average True Range), to move between 139.38€ and 143.52€, which gives a possible trading interval of +/-2.07€ (+/-1.47%) up or down from last closing price. If Wolters Kluwer NV takes out the full calculated possible swing range there will be an estimated 2.93% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 140.30€ (0.81%) than the resistance at 144.55€ (2.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Wolters Kluwer NV stock A Buy?
Wolters Kluwer NV 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.179 Hold/Accumulate Downgraded
Predicted Opening Price for Wolters Kluwer NV of Wednesday, April 17, 2024
| Fair opening price April 17, 2024 | Current price |
|---|---|
| 141.12€ ( 0.236%) | 141.45€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WKL.AS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 143.02 | 1.11 % | |
| R2 | 142.29 | 0.594 % | ||
| R1 | 141.84 | 0.277 % | ||
| Current price: | 141.45 | |||
| Support | S1 | 140.39 | -0.749 % | |
| S2 | 139.94 | -1.07 % | ||
| S3 | 139.22 | -1.58 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 146.20 | 3.36 % | |
| R2 | 145.65 | 2.97 % | ||
| R1 | 144.55 | 2.19 % | ||
| Current price | 141.45 | |||
| Support | S1 | 140.30 | -0.81% | |
| S2 | 136.50 | -3.50% | ||
| S3 | 136.10 | -3.78% |
WKL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 10, 2024 | May 10, 2024 | Jun 04, 2024 | 1.36€ | 0.96% |
| 2 | Aug 29, 2023 | Aug 29, 2023 | Aug 29, 2023 | 0.720€ | 0.652% |
| 3 | May 12, 2023 | May 12, 2023 | May 12, 2023 | 1.18€ | 1.07% |
| 4 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | 0.630€ | 0.607% |
| 5 | Apr 25, 2022 | Apr 25, 2022 | Apr 25, 2022 | 1.03€ | 1.08% |
FAQ
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