Epwin Group Plc Stock Forecast
Red day on Friday for Epwin Group Plc
(Updated on May 24, 2024)
No changes to the price of Epwin Group Plc stock on the last trading day (Friday, 24th May 2024). During the last trading day the stock fluctuated 3.41% from a day low at £88.00 to a day high of £91.00. The price has been going up and down for this period, and there has been a -2.72% loss for the last 2 weeks.
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 £87.91 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 24.59% during the next 3 months and, with a 90% probability hold a price between £109.53 and £121.85 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 £89.29 and £88.44. A breakdown below any of these levels will issue sell signals. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. 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 08, 2024, and so far it has fallen -4.79%. 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
Epwin Group Plc finds support from accumulated volume at £86.50 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 £3.00 (3.41%) between high and low. For the last week, the stock has had daily average volatility of 2.52%.
Our recommended stop-loss: £83.92 (-6.24%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 41 days ago.)
Trading Expectations (EPWN.L) For The Upcoming Trading Day Of Tuesday 28th
For the upcoming trading day on Tuesday, 28th we expect Epwin Group Plc to open at £89.50, and during the day (based on 14 day Average True Range), to move between £86.74 and £92.26, which gives a possible trading interval of +/-£2.76 (+/-3.08%) up or down from last closing price. If Epwin Group Plc takes out the full calculated possible swing range there will be an estimated 6.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £91.50 (2.23%) than the support at £86.50 (3.35%), 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: 2.326 Buy Candidate Unchanged
Predicted Opening Price for Epwin Group Plc of Tuesday, May 28, 2024
| Fair opening price May 28, 2024 | Current price |
|---|---|
| £89.50 ( 0%) | £89.50 |
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 | 92.50 | 3.35 % | |
| R2 | 91.35 | 2.07 % | ||
| R1 | 90.65 | 1.28 % | ||
| Current price: | 89.50 | |||
| Support | S1 | 88.35 | -1.28 % | |
| S2 | 87.65 | -2.07 % | ||
| S3 | 86.50 | -3.35 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 94.00 | 5.03 % | |
| R2 | 92.00 | 2.79 % | ||
| R1 | 91.50 | 2.23 % | ||
| Current price | 89.50 | |||
| Support | S1 | 86.50 | -3.35% | |
| S2 | 86.00 | -3.91% | ||
| S3 | 77.00 | -13.97% |
EPWN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | Jun 05, 2024 | £2.80 | 3.13% |
| 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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