Medios Ag Stock Forecast
Stronger technical forecast for Medios Ag stock price after Wednesday trading.
(Updated on Jul 03, 2024)
No changes to the price of Medios Ag stock on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at £16.16 to a day high of £16.16. The price has risen in 5 of the last 10 days.
The stock lies in the middle of a wide and strong 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 11.77% during the next 3 months and, with a 90% probability hold a price between £16.70 and £19.19 at the end of this 3-month period.
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0QB4.L Signals & Forecast
The Medios Ag stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £16.36. On a fall, the stock will find some support from the long-term average at approximately £15.32. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Friday, June 28, 2024, and so far it has risen 0.373%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Tuesday, June 04, 2024 in the short-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.
Golden Star
The stock had a Golden Star Signal on Tuesday, June 04, 2024 in the short-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 Medios Ag stock
Medios Ag finds support from accumulated volume at £15.56 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 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.248%
Our recommended stop-loss: £15.18 (-6.05%) (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 (0QB4.L) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Medios Ag to open at £16.16, and during the day (based on 14 day Average True Range), to move between £15.87 and £16.45, which gives a possible trading interval of +/-£0.291 (+/-1.80%) up or down from last closing price. If Medios Ag takes out the full calculated possible swing range there will be an estimated 3.60% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £16.24 (0.50%) than the support at £15.56 (3.71%), 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 Medios Ag stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Medios Ag stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.889 Buy Candidate Upgraded
Predicted Opening Price for Medios Ag of Thursday, July 4, 2024
Fair opening price July 4, 2024 | Current price |
---|---|
£16.16 ( 0%) | £16.16 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0QB4.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 16.16 | - |
R2 | 16.16 | - |
R1 | 16.16 | - |
Price | 16.16 | |
S1 | 16.16 | - |
S2 | 16.16 | - |
S3 | 16.16 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 16.70 | 3.34% |
R2 | 16.59 | 2.68% |
R1 | 16.24 | 0.495% |
Price | 16.16 | |
S1 | 15.56 | -3.71% |
S2 | 14.42 | -10.77% |
S3 | 14.25 | -11.82% |
0QB4 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 15, 2022 | Mar 15, 2022 | Mar 15, 2022 | £0.285 | 1.06% |
FAQ
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