Baronsmead Venture Trust plc Stock Forecast
Baronsmead Venture Trust plc stock upgraded to Hold/Accumulate.
(Updated on Jun 19, 2024)
No changes to the price of Baronsmead Venture Trust plc stock on the last trading day (Wednesday, 19th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at £53.00 to a day high of £53.00. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
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 2.83% during the next 3 months and, with a 90% probability hold a price between £53.62 and £57.07 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.
BVT.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has fallen 0%. 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 Baronsmead Venture Trust plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at £53.43 and £53.01. 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 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 sell signal from a double top formation was found on Monday, April 22, 2024 with a target of £53.40. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Baronsmead Venture Trust plc stock
Baronsmead Venture Trust plc finds support from accumulated volume at £52.50 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 1.13%
Our recommended stop-loss: £49.82 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (BVT.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Baronsmead Venture Trust plc to open at £53.00, and during the day (based on 14 day Average True Range), to move between £51.67 and £54.33, which gives a possible trading interval of +/-£1.33 (+/-2.52%) up or down from last closing price. If Baronsmead Venture Trust plc takes out the full calculated possible swing range there will be an estimated 5.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £52.50 (0.94%) than the resistance at £54.00 (1.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Baronsmead Venture Trust plc stock A Buy?
Baronsmead Venture Trust plc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.011 Hold/Accumulate Upgraded
Predicted Opening Price for Baronsmead Venture Trust plc of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £53.00 ( 0%) | £53.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BVT.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 53.00 | - |
| R2 | 53.00 | - |
| R1 | 53.00 | - |
| Price | 53.00 | |
| S1 | 53.00 | - |
| S2 | 53.00 | - |
| S3 | 53.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 54.50 | 2.83% |
| R1 | 54.00 | 1.89% |
| Price | 53.00 | |
| S1 | 52.50 | -0.94% |
| S2 | 51.50 | -2.83% |
| S3 | 51.00 | -3.77% |
BVT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 08, 2024 | Feb 08, 2024 | Mar 08, 2024 | £0.0250 | 0.0476% |
| 2 | Aug 10, 2023 | Aug 10, 2023 | Aug 10, 2023 | £1.75 | 3.27% |
| 3 | Dec 02, 2022 | Feb 02, 2023 | Mar 03, 2023 | £2.75 | 4.87% |
| 4 | May 27, 2022 | Aug 11, 2022 | Sep 09, 2022 | £3.00 | 4.88% |
| 5 | Dec 06, 2021 | Feb 03, 2022 | Mar 04, 2022 | £3.50 | 5.11% |
FAQ
Click here for our free guide on how to buy Baronsmead Venture Trust plc Stock.
