Epwin Group Plc Stock Forecast
Epwin Group Plc stock price up 0.546% on Friday
(Updated on May 03, 2024)
The Epwin Group Plc stock price gained 0.546% on the last trading day (Friday, 3rd May 2024), rising from £91.50 to £92.00. During the last trading day the stock fluctuated 0.91% from a day low at £91.27 to a day high of £92.10. The price has risen in 8 of the last 10 days and is up by 7.6% 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, 18 thousand more shares were traded than the day before. In total, 213 thousand shares were bought and sold for approximately £19.59 million.
The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £94.24 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 17.14% during the next 3 months and, with a 90% probability hold a price between £94.88 and £110.39 at the end of this 3-month period.
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EPWN.L Signals & Forecast
The Epwin 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 £90.40 and £82.83. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 01, 2024, and so far it has fallen -1.92%. 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).
Support, Risk & Stop-loss for Epwin Group Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at £86.00 and £78.00. 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, Epwin Group Plc finds support just below today's level at £86.00. If this is broken, then the next support from accumulated volume will be at £78.00 and £77.00.
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 £0.83 between high and low, or 0.91%. For the last week, the stock has had daily average volatility of 2.72%.
Our recommended stop-loss: £88.14 (-4.19%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (EPWN.L) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Epwin Group Plc to open at £91.79, and during the day (based on 14 day Average True Range), to move between £89.45 and £94.55, which gives a possible trading interval of +/-£2.55 (+/-2.77%) up or down from last closing price. If Epwin Group Plc takes out the full calculated possible swing range there will be an estimated 5.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £93.80 (1.96%) than the support at £86.00 (6.52%), 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 Epwin 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 Epwin Group Plc stock to perform well in the short-term.
Current score: 3.540 Buy Candidate Unchanged
Predicted Opening Price for Epwin Group Plc of Tuesday, May 7, 2024
Fair opening price May 7, 2024 | Current price |
---|---|
£91.79 ( 0.230%) | £92.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EPWN.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 92.62 | 0.678 % | |
R2 | 92.30 | 0.331 % | ||
R1 | 92.11 | 0.117 % | ||
Current price: | 92.00 | |||
Support | S1 | 91.47 | -0.577 % | |
S2 | 91.27 | -0.791 % | ||
S3 | 90.95 | -1.14 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 93.80 | 1.96 % | ||
Current price | 92.00 | |||
Support | S1 | 86.00 | -6.52% | |
S2 | 78.00 | -15.22% | ||
S3 | 77.00 | -16.30% |
EPWN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 09, 2024 | May 09, 2024 | Jun 05, 2024 | £2.80 | 3.04% |
2 | May 11, 2023 | May 11, 2023 | May 11, 2023 | £2.55 | 3.75% |
3 | Sep 14, 2022 | Sep 22, 2022 | Oct 14, 2022 | £1.90 | 2.55% |
4 | Apr 06, 2022 | May 12, 2022 | Jun 06, 2022 | £2.35 | 2.83% |
5 | Sep 15, 2021 | Sep 23, 2021 | Oct 15, 2021 | £1.75 | 1.62% |
FAQ
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