RSI low/high Values: [ 20 - 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 JSG.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Johnson Service Group plc stock upgraded to Hold/Accumulate.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Johnson Service Group plc stock price gained 1.40% on the last trading day (Wednesday, 27th Mar 2024), rising from £129.00 to £130.80. During the last trading day the stock fluctuated 3.26% from a day low at £128.80 to a day high of £133.00. The price has fallen in 7 of the last 10 days and is down by -1.95% for this period. Volume fell on the last day by -77 thousand shares and in total, 602 thousand shares were bought and sold for approximately £78.78 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 falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.43% during the next 3 months and, with a 90% probability hold a price between £117.79 and £132.42 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

JSG.L Signals & Forecast

There are mixed signals in the stock today. The Johnson Service Group plc 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 £137.80. On a fall, the stock will find some support from the short-term average at £129.49. 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). A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 3.15%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Johnson Service Group plc stock

Johnson Service Group plc finds support from accumulated volume at £130.40 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 £4.20 between high and low, or 3.26%. For the last week, the stock has had daily average volatility of 3.36%.

Our recommended stop-loss: £124.24 (-5.02%) (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 (JSG.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Johnson Service Group plc to open at £130.87, and during the day (based on 14 day Average True Range), to move between £126.28 and £135.32, which gives a possible trading interval of +/-£4.52 (+/-3.46%) up or down from last closing price. If Johnson Service Group plc takes out the full calculated possible swing range there will be an estimated 6.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £130.40 (0.31%) than the resistance at £141.00 (7.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Johnson Service Group plc stock A Buy?

Johnson Service Group plc 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: -0.784 Hold/Accumulate Upgraded

Predicted Opening Price for Johnson Service Group plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£130.87 ( 0.0510%) £130.80

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

Trading levels for JSG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 135.07 3.26 %
R2 133.46 2.04 %
R1 132.47 1.28 %
Current price: 130.80
Support S1 129.26 -1.18 %
S2 128.27 -1.93 %
S3 126.67 -3.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 142.00 8.56 %
R2 141.40 8.10 %
R1 141.00 7.80 %
Current price 130.80
Support S1 130.40 -0.306%
S2 129.00 -1.38%
S3 128.00 -2.14%

JSG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 11, 2024 May 10, 2024 £1.90 1.45%
2 Mar 07, 2023 Apr 13, 2023 May 12, 2023 £1.60 1.29%
3 Sep 01, 2022 Oct 06, 2022 Nov 04, 2022 £0.80 0.84%
4 Mar 02, 2020 Apr 09, 2020 May 07, 2020 £2.35 1.87%
5 Sep 03, 2019 Oct 03, 2019 Nov 01, 2019 £1.15 0.657%

FAQ

What is the symbol for Johnson Service Group plc Stock and on which exchange is it traded?
The symbol for Johnson Service Group plc is JSG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Johnson Service Group plc Stock?
Johnson Service Group plc 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 Johnson Service Group plc Stock?
Johnson Service Group plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Johnson Service Group plc Stock.

What's the current price of Johnson Service Group plc Stock?
As of the end of day on the 2024-03-27, the price of an Johnson Service Group plc (JSG.L) share was £130.80.

What is the 52-week high and low for Johnson Service Group plc Stock?
The 52-week high for Johnson Service Group plc Stock is £147.40 and the 52-week low is £99.00.

What is the market capitalization of Johnson Service Group plc Stock?
As of the 2024-03-27, the market capitalization of Johnson Service Group plc is 542.043M.

When is the next earnings date for Johnson Service Group plc?
The upcoming earnings date for Johnson Service Group plc is Apr 02, 2024.
Click to get the best stock tips daily for free!

About Johnson Service Group plc

Johnson Service Group plc Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates through two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment supplies workwear garments and protective wear, and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundering services. The Hotel, Restaurants and Catering segment offers linen... JSG.L Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT