RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FXPO.L
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Ferrexpo Plc stock price ended at £43.24 on Wednesday, after losing 1.10%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 11, 2024 Loss -15.88% PDF

The Ferrexpo Plc stock price fell by -1.10% on the last day (Wednesday, 27th Mar 2024) from £43.72 to £43.24. During the last trading day the stock fluctuated 4.28% from a day low at £42.90 to a day high of £44.74. The price has fallen in 8 of the last 10 days and is down by -18.03% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -593 thousand shares and in total, 1 million shares were bought and sold for approximately £52.02 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £40.16 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -34.81% during the next 3 months and, with a 90% probability hold a price between £26.18 and £45.20 at the end of this 3-month period.

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FXPO.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 0.325%. 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 Ferrexpo Plc 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 £44.45 and £66.50. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Ferrexpo Plc stock

Ferrexpo Plc finds support from accumulated volume at £43.22 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved £1.84 between high and low, or 4.28%. For the last week, the stock has had daily average volatility of 6.14%.

Ferrexpo Plc is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FXPO.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Ferrexpo Plc to open at £43.63, and during the day (based on 14 day Average True Range), to move between £39.58 and £46.90, which gives a possible trading interval of +/-£3.66 (+/-8.47%) up or down from last closing price. If Ferrexpo Plc takes out the full calculated possible swing range there will be an estimated 16.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £43.22 (0.05%) than the resistance at £43.74 (1.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ferrexpo Plc stock A Buy?

Ferrexpo Plc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.953 Sell Candidate Unchanged

Predicted Opening Price for Ferrexpo Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£43.63 ( 0.89%) £43.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FXPO.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 45.46 5.13 %
R2 44.76 3.51 %
R1 44.33 2.51 %
Current price: 43.24
Support S1 42.92 -0.731 %
S2 42.49 -1.73 %
S3 41.79 -3.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 51.40 18.87 %
R2 46.60 7.77 %
R1 43.74 1.16 %
Current price 43.24
Support S1 43.22 -0.0463%
S2 43.10 -0.324%
S3 0 .

FXPO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Jan 25, 2024 Feb 23, 2024 £2.60 3.51%
2 May 10, 2022 Jun 16, 2022 Jul 04, 2022 £6.60 5.15%
3 May 31, 2022 Jun 09, 2022 Jun 28, 2022 £13.20 9.27%
4 Dec 22, 2021 Jan 06, 2022 Jan 28, 2022 £6.60 2.69%
5 Aug 04, 2021 Aug 12, 2021 Aug 26, 2021 £39.60 10.59%

FAQ

What is the symbol for Ferrexpo Plc Stock and on which exchange is it traded?
The symbol for Ferrexpo Plc is FXPO.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Ferrexpo Plc Stock?
Ferrexpo Plc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Ferrexpo Plc Stock?
Ferrexpo Plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ferrexpo Plc Stock.

What's the current price of Ferrexpo Plc Stock?
As of the end of day on the 2024-03-27, the price of an Ferrexpo Plc (FXPO.L) share was £43.24.

What is the 52-week high and low for Ferrexpo Plc Stock?
The 52-week high for Ferrexpo Plc Stock is £122.75 and the 52-week low is £42.90.

What is the market capitalization of Ferrexpo Plc Stock?
As of the 2024-03-27, the market capitalization of Ferrexpo Plc is 254.271M.

When is the next earnings date for Ferrexpo Plc?
The upcoming earnings date for Ferrexpo Plc is Aug 07, 2024.
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About Ferrexpo Plc

Ferrexpo Plc Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services. The company also offers finance, management, procurement, transportatio... FXPO.L Profile

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