Fuller Smith & Turner P.L.C. Class A Stock Forecast
Red day on Wednesday for Fuller Smith & Turner P.L.C. Class A stock after losing 0%
(Updated on Mar 27, 2024)
No changes to the price of Fuller Smith & Turner P.L.C. Class A stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £590.00 to a day high of £590.00. The price has been going up and down for this period, and there has been a 4.24% gain for the last 2 weeks.
The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is £587.81, a level that may pose a second chance to hit a runner. According to fan-theory £660.83 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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FSTA.L Signals & Forecast
The Fuller Smith & Turner P.L.C. Class A stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at £573.43 and £589.89. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Tuesday, March 26, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for Fuller Smith & Turner P.L.C. Class A stock
Fuller Smith & Turner P.L.C. Class A finds support from accumulated volume at £568.00 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 2.87%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FSTA.L) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Fuller Smith & Turner P.L.C. Class A to open at £590.00, and during the day (based on 14 day Average True Range), to move between £573.17 and £606.83, which gives a possible trading interval of +/-£16.83 (+/-2.85%) up or down from last closing price. If Fuller Smith & Turner P.L.C. Class A takes out the full calculated possible swing range there will be an estimated 5.70% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £568.00 (3.73%) than the resistance at £640.00 (8.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Fuller Smith & Turner P.L.C. Class A stock A Buy?
Fuller Smith & Turner P.L.C. Class A 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.
Current score: -1.344 Sell Candidate Unchanged
Predicted Opening Price for Fuller Smith & Turner P.L.C. Class A of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
£590.00 ( 0%) | £590.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FSTA.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 590.00 | . | |
R2 | 590.00 | . | ||
R1 | 590.00 | . | ||
Current price: | 590.00 | |||
Support | S1 | 590.00 | . | |
S2 | 590.00 | . | ||
S3 | 590.00 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 680.00 | 15.25 % | |
R2 | 644.00 | 9.15 % | ||
R1 | 640.00 | 8.47 % | ||
Current price | 590.00 | |||
Support | S1 | 568.00 | -3.73% | |
S2 | 560.00 | -5.08% | ||
S3 | 554.00 | -6.10% |
FSTA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 14, 2023 | Dec 14, 2023 | Dec 14, 2023 | £0 | 0% |
2 | Jun 22, 2023 | Jun 22, 2023 | Jun 22, 2023 | £10.00 | 1.72% |
3 | Nov 17, 2022 | Dec 15, 2022 | Jan 03, 2023 | £4.68 | 0.98% |
4 | Jun 09, 2022 | Jul 07, 2022 | Jul 27, 2022 | £7.41 | 1.21% |
5 | Nov 18, 2021 | Dec 16, 2021 | Jan 04, 2022 | £3.90 | 0.517% |
FAQ
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