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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 BOOT.L
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Green day on Friday for Henry Boot PLC stock after gaining 2.03%
(Updated on May 17, 2024)

Buy candidate since May 15, 2024 Gain 2.03% PDF

The Henry Boot PLC stock price gained 2.03% on the last trading day (Friday, 17th May 2024), rising from £197.00 to £201.00. During the last trading day the stock fluctuated 2.77% from a day low at £198.50 to a day high of £204.00. The price has risen in 6 of the last 10 days and is up by 10.14% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 130 thousand shares were bought and sold for approximately £26.14 million.

Given the current short-term trend, the stock is expected to rise 2.67% during the next 3 months and, with a 90% probability hold a price between £181.88 and £206.37 at the end of this 3-month period.

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BOOT.L Signals & Forecast

Mostly positive signals in the chart today. The Henry Boot 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 £193.86 and £183.87. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 11, 2024, and so far it has risen 14.86%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Henry Boot PLC stock

On the downside, the stock finds support just below today's level from accumulated volume at £181.50 and £181.00. 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, Henry Boot PLC finds support just below today's level at £181.50. If this is broken, then the next support from accumulated volume will be at £181.00 and £180.00.

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 £5.50 between high and low, or 2.77%. For the last week, the stock has had daily average volatility of 4.19%.

The Henry Boot PLC stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: £193.09 (-3.93%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 79 and this increases the risk substantially. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (BOOT.L) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Henry Boot PLC to open at £201.17, and during the day (based on 14 day Average True Range), to move between £194.61 and £207.39, which gives a possible trading interval of +/-£6.39 (+/-3.18%) up or down from last closing price. If Henry Boot PLC takes out the full calculated possible swing range there will be an estimated 6.36% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ £181.50, some £19.50 (9.70%) from the current price of £201.00, our system finds the risk reward attractive.

Is Henry Boot PLC 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 Henry Boot PLC stock to perform well in the short-term.

Current score: 3.605 Buy Candidate Unchanged

Predicted Opening Price for Henry Boot PLC of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
£201.17 ( 0.0829%) £201.00

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

Trading levels for BOOT.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 206.67 2.82 %
R2 204.57 1.77 %
R1 203.27 1.13 %
Current price: 201.00
Support S1 199.07 -0.96 %
S2 197.77 -1.61 %
S3 195.67 -2.65 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 201.00
Support S1 181.50 -9.70%
S2 181.00 -9.95%
S3 180.00 -10.45%

BOOT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 02, 2024 May 02, 2024 May 31, 2024 £4.40 2.19%
2 May 04, 2023 May 04, 2023 May 04, 2023 £4.00 1.69%
3 Sep 20, 2022 Sep 29, 2022 Oct 14, 2022 £2.66 1.12%
4 Mar 23, 2022 May 05, 2022 Jun 01, 2022 £3.63 1.05%
5 Sep 13, 2021 Sep 23, 2021 Oct 15, 2021 £2.42 0.86%

FAQ

What is the symbol for Henry Boot PLC Stock and on which exchange is it traded?
The symbol for Henry Boot PLC is BOOT.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Henry Boot PLC Stock?
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 Henry Boot PLC stock to perform well in the short-term.

How to buy Henry Boot PLC Stock?
Henry Boot 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 Henry Boot PLC Stock.

What's the current price of Henry Boot PLC Stock?
As of the end of day on the May 17, 2024, the price of an Henry Boot PLC (BOOT.L) share was £201.00.

What is the 52-week high and low for Henry Boot PLC Stock?
The 52-week high for Henry Boot PLC Stock is £249.00 and the 52-week low is £170.00.

What is the market capitalization of Henry Boot PLC Stock?
As of the May 17, 2024, the market capitalization of Henry Boot PLC is 268.526M.

When is the next earnings date for Henry Boot PLC?
The upcoming earnings date for Henry Boot PLC is Sep 17, 2024.
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About Henry Boot PLC

Henry Boot PLC Henry Boot PLC engages in property investment and development, land promotion, and construction activities in the United Kingdom. The company operates through three segments: Property Investment and Development, Land Promotion, and Construction. It engages in the housebuilding and associated trading; and land management, development, and trading activities. In addition, the company engages in the construction and civil engineering activities; hir... BOOT.L Profile

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