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 NESF.L
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NextEnergy Solar Fund Limited stock price up 0.140% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 18, 2024 Loss -2.60% PDF

The NextEnergy Solar Fund Limited stock price gained 0.140% on the last trading day (Wednesday, 27th Mar 2024), rising from £71.20 to £71.30. During the last trading day the stock fluctuated 1.84% from a day low at £70.50 to a day high of £71.80. The price has fallen in 7 of the last 10 days and is down by -4.93% for this period. Volume fell on the last day by -366 thousand shares and in total, 701 thousand shares were bought and sold for approximately £49.95 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 the upper part of a falling 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 £71.75 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -24.60% during the next 3 months and, with a 90% probability hold a price between £50.63 and £54.10 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NESF.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 0.140%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The NextEnergy Solar Fund Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £71.76 and £74.53. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for NextEnergy Solar Fund Limited stock

NextEnergy Solar Fund Limited finds support from accumulated volume at £71.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £1.30 (1.84%) between high and low. For the last week, the stock has had daily average volatility of 3.04%.

NextEnergy Solar Fund Limited is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (NESF.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect NextEnergy Solar Fund Limited to open at £71.20, and during the day (based on 14 day Average True Range), to move between £69.41 and £73.19, which gives a possible trading interval of +/-£1.89 (+/-2.66%) up or down from last closing price. If NextEnergy Solar Fund Limited takes out the full calculated possible swing range there will be an estimated 5.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £71.20 (0.14%) than the resistance at £74.70 (4.77%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NextEnergy Solar Fund Limited stock A Buy?

NextEnergy Solar Fund Limited holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.735 Sell Candidate Unchanged

Predicted Opening Price for NextEnergy Solar Fund Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£71.20 ( 0.143%) £71.30

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

Trading levels for NESF.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 72.49 1.67 %
R2 72.00 0.98 %
R1 71.69 0.551 %
Current price: 71.30
Support S1 70.70 -0.84 %
S2 70.40 -1.27 %
S3 69.90 -1.96 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 75.20 5.47 %
R2 75.10 5.33 %
R1 74.70 4.77 %
Current price 71.30
Support S1 71.20 -0.140%
S2 0 .
S3 0 .

NESF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 15, 2024 Feb 15, 2024 Mar 28, 2024 £2.09 2.93%
2 Nov 16, 2023 Nov 16, 2023 Nov 16, 2023 £0.0209 0.0239%
3 Aug 17, 2023 Aug 17, 2023 Aug 17, 2023 £0.0208 0.0236%
4 May 18, 2023 May 18, 2023 May 18, 2023 £1.88 1.81%
5 Feb 10, 2023 Feb 16, 2023 Mar 31, 2023 £1.88 1.79%

FAQ

What is the symbol for NextEnergy Solar Fund Limited Stock and on which exchange is it traded?
The symbol for NextEnergy Solar Fund Limited is NESF.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell NextEnergy Solar Fund Limited Stock?
NextEnergy Solar Fund Limited holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy NextEnergy Solar Fund Limited Stock?
NextEnergy Solar Fund Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NextEnergy Solar Fund Limited Stock.

What's the current price of NextEnergy Solar Fund Limited Stock?
As of the end of day on the 2024-03-27, the price of an NextEnergy Solar Fund Limited (NESF.L) share was £71.30.

What is the 52-week high and low for NextEnergy Solar Fund Limited Stock?
The 52-week high for NextEnergy Solar Fund Limited Stock is £109.40 and the 52-week low is £70.50.

What is the market capitalization of NextEnergy Solar Fund Limited Stock?
As of the 2024-03-27, the market capitalization of NextEnergy Solar Fund Limited is 423.612M.

When is the next earnings date for NextEnergy Solar Fund Limited?
The upcoming earnings date for NextEnergy Solar Fund Limited is Jun 17, 2024.
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About NextEnergy Solar Fund Limited

NextEnergy Solar Fund Limited NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or... NESF.L Profile

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