Braveheart Investment Group Stock Forecast
Braveheart Investment Group stock upgraded from Strong Sell Candidate to Sell Candidate after Wednesday trading session.
(Updated on Jun 19, 2024)
No changes to the price of Braveheart Investment Group stock on the last trading day (Wednesday, 19th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at £4.67 to a day high of £4.67. The price has fallen in 6 of the last 10 days and is down by -6.6% for this period.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -26.22% during the next 3 months and, with a 90% probability hold a price between £2.48 and £4.85 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
BRH.L Signals & Forecast
There are mixed signals in the stock today. The Braveheart Investment Group 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 £4.92 and £5.61. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for Braveheart Investment Group stock
Braveheart Investment Group finds support from accumulated volume at £4.64 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 9.56%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BRH.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Braveheart Investment Group to open at £4.67, and during the day (based on 14 day Average True Range), to move between £4.03 and £5.31, which gives a possible trading interval of +/-£0.645 (+/-13.81%) up or down from last closing price. If Braveheart Investment Group takes out the full calculated possible swing range there will be an estimated 27.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £4.64 (0.64%) than the resistance at £4.75 (1.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Braveheart Investment Group stock A Buy?
Braveheart Investment Group holds several negative signals and we believe that 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: -2.169 Sell Candidate Upgraded
Predicted Opening Price for Braveheart Investment Group of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £4.67 ( 0%) | £4.67 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BRH.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.67 | - |
| R2 | 4.67 | - |
| R1 | 4.67 | - |
| Price | 4.67 | |
| S1 | 4.67 | - |
| S2 | 4.67 | - |
| S3 | 4.67 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.50 | 17.77% |
| R2 | 5.00 | 7.07% |
| R1 | 4.75 | 1.71% |
| Price | 4.67 | |
| S1 | 4.64 | -0.642% |
| S2 | 4.25 | -8.99% |
| S3 | 0 | - |
BRH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 03, 2020 | Dec 10, 2020 | Jan 06, 2021 | £42.75 | 89.06% |
| 2 | Aug 01, 2019 | Sep 19, 2019 | Oct 11, 2019 | £0.500 | 4.44% |
FAQ
Click here for our free guide on how to buy Braveheart Investment Group Stock.
