Amati AIM VCT PLC Registered 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
Amati AIM VCT PLC Registered stock upgraded to Sell Candidate.
(Updated on May 17, 2024)
The Amati AIM VCT PLC Registered stock price gained 0.614% on the last trading day (Friday, 17th May 2024), rising from £79.02 to £79.50. During the last trading day the stock fluctuated 1.18% from a day low at £79.02 to a day high of £79.95. The price has been going up and down for this period, and there has been a -7.02% loss for the last 2 weeks. Volume fell on the last day by -8 thousand shares and in total, 5 thousand shares were bought and sold for approximately £373.73 thousand. 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 lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £78.97 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.84% during the next 3 months and, with a 90% probability hold a price between £76.73 and £85.90 at the end of this 3-month period.
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AMAT.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has risen 0.614%. 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. The Amati AIM VCT PLC Registered 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 £84.57 and £85.34. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Amati AIM VCT PLC Registered stock
Amati AIM VCT PLC Registered finds support from accumulated volume at £79.02 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 controlled movements and therefore the general risk is considered 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 £0.94 between high and low, or 1.18%. For the last week the stock has had daily average volatility of 1.45%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AMAT.L) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Amati AIM VCT PLC Registered to open at £79.49, and during the day (based on 14 day Average True Range), to move between £78.16 and £80.84, which gives a possible trading interval of +/-£1.34 (+/-1.69%) up or down from last closing price. If Amati AIM VCT PLC Registered takes out the full calculated possible swing range there will be an estimated 3.38% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £79.02 (0.61%) than the resistance at £85.50 (7.55%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Amati AIM VCT PLC Registered stock A Buy?
Amati AIM VCT PLC Registered holds several negative signals and is within a wide and 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -1.552 Sell Candidate Upgraded
Predicted Opening Price for Amati AIM VCT PLC Registered of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| £79.49 ( 0.0147%) | £79.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AMAT.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 80.42 | 1.16 % | |
| R2 | 80.07 | 0.712 % | ||
| R1 | 79.85 | 0.435 % | ||
| Current price: | 79.50 | |||
| Support | S1 | 79.13 | -0.464 % | |
| S2 | 78.91 | -0.742 % | ||
| S3 | 78.55 | -1.19 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 86.50 | 8.81 % | |
| R2 | 86.00 | 8.18 % | ||
| R1 | 85.50 | 7.55 % | ||
| Current price | 79.50 | |||
| Support | S1 | 79.02 | -0.610% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
AMAT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 10, 2024 | £0.100 | 0.126% |
| 2 | Dec 07, 2023 | Dec 07, 2023 | Dec 07, 2023 | £2.50 | 2.89% |
| 3 | Oct 19, 2023 | Oct 19, 2023 | Oct 19, 2023 | £0 | 0% |
| 4 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | £3.50 | 3.23% |
| 5 | Sep 30, 2022 | Oct 20, 2022 | Nov 25, 2022 | £3.50 | 2.72% |
FAQ
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