Brickability Group Plc Stock Forecast
Green day on Wednesday for Brickability Group Plc
(Updated on Jun 19, 2024)
The Brickability Group Plc stock price gained 1.17% on the last trading day (Wednesday, 19th Jun 2024), rising from £68.40 to £69.20. During the last trading day the stock fluctuated 0% from a day low at £69.20 to a day high of £69.20. The price has fallen in 6 of the last 10 days and is down by -3.89% for this period. Volume fell on the last day by -113 thousand shares and in total, 0 shares were bought and sold for approximately £0 . 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 part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £68.07 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.32% during the next 3 months and, with a 90% probability hold a price between £79.19 and £95.13 at the end of this 3-month period.
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BRCK.L Signals & Forecast
There are few to no technical positive signals at the moment. The Brickability Group Plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £72.26. On a fall, the stock will find some support from the short-term average at £68.56. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Brickability Group Plc stock
Brickability Group Plc finds support from accumulated volume at £68.00 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 3.06%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BRCK.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Brickability Group Plc to open at £69.20, and during the day (based on 14 day Average True Range), to move between £67.16 and £71.24, which gives a possible trading interval of +/-£2.04 (+/-2.95%) up or down from last closing price. If Brickability Group Plc takes out the full calculated possible swing range there will be an estimated 5.90% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £68.00 (1.73%) than the resistance at £76.00 (9.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Brickability Group Plc stock A Buy?
The Brickability Group Plc stock holds several negative signals and despite the positive trend, we believe Brickability Group Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.539 Sell Candidate Unchanged
Predicted Opening Price for Brickability Group Plc of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £69.20 ( 0%) | £69.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BRCK.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 69.20 | - |
| R2 | 69.20 | - |
| R1 | 69.20 | - |
| Price | 69.20 | |
| S1 | 69.20 | - |
| S2 | 69.20 | - |
| S3 | 69.20 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 77.00 | 11.27% |
| R2 | 76.50 | 10.55% |
| R1 | 76.00 | 9.83% |
| Price | 69.20 | |
| S1 | 68.00 | -1.73% |
| S2 | 67.50 | -2.46% |
| S3 | 67.00 | -3.18% |
BRCK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 25, 2024 | Jan 25, 2024 | Feb 22, 2024 | £1.07 | 1.40% |
| 2 | Aug 24, 2023 | Aug 24, 2023 | Sep 21, 2023 | £2.15 | 4.37% |
| 3 | Nov 28, 2022 | Jan 26, 2023 | Feb 23, 2023 | £1.01 | 1.44% |
| 4 | Jul 21, 2022 | Aug 25, 2022 | Sep 22, 2022 | £2.04 | 2.52% |
| 5 | Dec 01, 2021 | Jan 27, 2022 | Feb 24, 2022 | £0.96 | 1.04% |
FAQ
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