Gama Aviation Plc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Tuesday for Gama Aviation Plc
(Updated on Jul 02, 2024)
No changes to the price of Gama Aviation Plc stock on the last trading day (Tuesday, 2nd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at £107.50 to a day high of £107.50. 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 strong 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 20.57% during the next 3 months and, with a 90% probability hold a price between £124.64 and £133.18 at the end of this 3-month period.
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GMAA.L Signals & Forecast
The Gama Aviation 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 £107.50 and £102.07. A breakdown below any of these levels will issue sell signals. 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 Monday, July 01, 2024, and so far it has fallen 0%. 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). 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 Gama Aviation Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at £97.50 and £96.50. 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, Gama Aviation Plc finds support just below today's level at £97.50. If this is broken, then the next support from accumulated volume will be at £96.50 and £96.00.
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 0%
Our recommended stop-loss: £103.20 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (GMAA.L) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Gama Aviation Plc to open at £107.50, and during the day (based on 14 day Average True Range), to move between £106.38 and £108.62, which gives a possible trading interval of +/-£1.12 (+/-1.04%) up or down from last closing price. If Gama Aviation Plc takes out the full calculated possible swing range there will be an estimated 2.07% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £97.50, some £10.00 (9.30%) from the current price of £107.50, our system finds the risk reward attractive.
Is Gama Aviation Plc stock A Buy?
Gama Aviation Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Gama Aviation Plc of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| £107.50 ( 0%) | £107.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GMAA.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 107.50 | - |
| R2 | 107.50 | - |
| R1 | 107.50 | - |
| Price | 107.50 | |
| S1 | 107.50 | - |
| S2 | 107.50 | - |
| S3 | 107.50 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 107.50 | |
| S1 | 97.50 | -9.30% |
| S2 | 96.50 | -10.23% |
| S3 | 96.00 | -10.70% |
GMAA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2019 | Jul 04, 2019 | Jul 25, 2019 | £2.00 | 2.35% |
| 2 | Apr 26, 2018 | Jun 28, 2018 | Jul 25, 2018 | £2.75 | 1.37% |
| 3 | Mar 31, 2017 | Jun 29, 2017 | Jul 18, 2017 | £2.60 | 1.05% |
| 4 | Nov 07, 2014 | Dec 18, 2014 | Jan 19, 2015 | £2.30 | 0.82% |
FAQ
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