RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BREE.L
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Breedon Group Plc stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 1.86% PDF

The Breedon Group Plc stock price gained 0.655% on the last trading day (Wednesday, 27th Mar 2024), rising from £381.50 to £384.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.61% from a day low at £380.00 to a day high of £397.50. The price has risen in 5 of the last 10 days but is still down by -1.66% for this period. Volume fell on the last day by -80 thousand shares and in total, 521 thousand shares were bought and sold for approximately £200.04 million. 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 middle of a weak 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 9.52% during the next 3 months and, with a 90% probability hold a price between £405.97 and £441.09 at the end of this 3-month period.

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BREE.L Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -2.91%. 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). The Breedon Group 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 £376.64 and £375.84. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Breedon Group Plc stock

Breedon Group Plc finds support from accumulated volume at £380.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £17.50 (4.61%) between high and low. For the last week, the stock has had daily average volatility of 3.68%.

Our recommended stop-loss: £368.54 (-4.03%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (BREE.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Breedon Group Plc to open at £387.17, and during the day (based on 14 day Average True Range), to move between £371.79 and £396.21, which gives a possible trading interval of +/-£12.21 (+/-3.18%) up or down from last closing price. If Breedon Group 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.

Since the stock is closer to the resistance from accumulated volume at £386.50 (0.65%) than the support at £380.00 (1.04%), 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 Breedon Group 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 Breedon Group Plc 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: 3.668 Buy Candidate Upgraded

Predicted Opening Price for Breedon Group Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£387.17 ( 0.82%) £384.00

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

Trading levels for BREE.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 404.67 5.38 %
R2 397.98 3.64 %
R1 393.85 2.57 %
Current price: 384.00
Support S1 380.48 -0.92 %
S2 376.35 -1.99 %
S3 369.67 -3.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 395.00 2.86 %
R2 390.50 1.69 %
R1 386.50 0.651 %
Current price 384.00
Support S1 380.00 -1.04%
S2 374.50 -2.47%
S3 366.00 -4.69%

BREE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 04, 2024 Apr 04, 2024 May 17, 2024 £9.50 2.47%
2 Apr 06, 2023 Apr 06, 2023 Apr 06, 2023 £7.00 1.97%
3 Jul 27, 2022 Aug 25, 2022 Sep 30, 2022 £0.700 0.263%
4 Mar 22, 2022 Apr 21, 2022 May 20, 2022 £1.10 0.325%
5 Jul 22, 2021 Aug 12, 2021 Sep 10, 2021 £0.500 0.102%

FAQ

What is the symbol for Breedon Group Plc Stock and on which exchange is it traded?
The symbol for Breedon Group Plc is BREE.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Breedon Group 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 Breedon Group Plc 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.

How to buy Breedon Group Plc Stock?
Breedon Group 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 Breedon Group Plc Stock.

What's the current price of Breedon Group Plc Stock?
As of the end of day on the 2024-03-27, the price of an Breedon Group Plc (BREE.L) share was £384.00.

What is the 52-week high and low for Breedon Group Plc Stock?
The 52-week high for Breedon Group Plc Stock is £408.00 and the 52-week low is £64.25.

What is the market capitalization of Breedon Group Plc Stock?
As of the 2024-03-27, the market capitalization of Breedon Group Plc is 1.317B.
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About Breedon Group Plc

Breedon Group Plc Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products in the United Kingdom and internationally. The company offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates f... BREE.L Profile

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