AEW UK REIT Plc 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
AEW UK REIT Plc stock downgraded from Buy Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on May 07, 2024)
No changes to the price of AEW UK REIT Plc stock on the last trading day (Tuesday, 7th May 2024). During the last trading day the stock fluctuated 0% from a day low at £87.70 to a day high of £87.70. The price has risen in 6 of the last 10 days and is up by 5.41% over the past 2 weeks.
The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is £87.59, a level that may pose a second chance to hit a runner. According to fan-theory £97.06 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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AEWU.L Signals & Forecast
The AEW UK REIT Plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £85.76 and £85.62. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for AEW UK REIT Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at £83.30 and £83.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AEW UK REIT Plc finds support just below today's level at £83.30. If this is broken, then the next support from accumulated volume will be at £83.00 and £82.30.
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 3.35%
Our recommended stop-loss: £84.53 (-3.62%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (AEWU.L) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect AEW UK REIT Plc to open at £87.70, and during the day (based on 14 day Average True Range), to move between £84.11 and £91.29, which gives a possible trading interval of +/-£3.59 (+/-4.09%) up or down from last closing price. If AEW UK REIT Plc takes out the full calculated possible swing range there will be an estimated 8.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £89.30 (1.82%) than the support at £83.30 (5.02%), 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 AEW UK REIT Plc stock A Buy?
AEW UK REIT 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. 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: -0.607 Hold/Accumulate Downgraded
Predicted Opening Price for AEW UK REIT Plc of Wednesday, May 8, 2024
Fair opening price May 8, 2024 | Current price |
---|---|
£87.70 ( 0%) | £87.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AEWU.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 87.70 | . | |
R2 | 87.70 | . | ||
R1 | 87.70 | . | ||
Current price: | 87.70 | |||
Support | S1 | 87.70 | . | |
S2 | 87.70 | . | ||
S3 | 87.70 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 90.00 | 2.62 % | |
R2 | 89.50 | 2.05 % | ||
R1 | 89.30 | 1.82 % | ||
Current price | 87.70 | |||
Support | S1 | 83.30 | -5.02% | |
S2 | 83.00 | -5.36% | ||
S3 | 82.30 | -6.16% |
AEWU Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 01, 2024 | Feb 01, 2024 | Mar 01, 2024 | £2.00 | 2.37% |
2 | Oct 26, 2023 | Oct 26, 2023 | Oct 26, 2023 | £0 | 0% |
3 | Jul 27, 2023 | Jul 27, 2023 | Jul 27, 2023 | £2.00 | 2.02% |
4 | May 04, 2023 | May 04, 2023 | May 04, 2023 | £2.00 | 2.05% |
5 | Jan 19, 2023 | Jan 26, 2023 | Feb 20, 2023 | £2.00 | 2.00% |
FAQ
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