Globalworth Real Estate Investments Ltd Stock Forecast
Globalworth Real Estate Investments Ltd stock price ended at £2.50 on Friday, after losing 0%.
(Updated on May 17, 2024)
No changes to the price of Globalworth Real Estate Investments Ltd stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0% from a day low at £2.50 to a day high of £2.50. The price has been going up and down for this period, and there has been a 3.73% gain for the last 2 weeks.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.86% during the next 3 months and, with a 90% probability hold a price between £2.08 and £2.38 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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GWI.L Signals & Forecast
The Globalworth Real Estate Investments Ltd 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 £2.46 and £2.48. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 4.60%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Globalworth Real Estate Investments Ltd stock
Globalworth Real Estate Investments Ltd finds support from accumulated volume at £2.49 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 £0 (0%) between high and low. For the last week, the stock has had daily average volatility of 0.183%.
Our recommended stop-loss: £2.38 (-4.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (GWI.L) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Globalworth Real Estate Investments Limited to open at £2.50, and during the day (based on 14 day Average True Range), to move between £2.45 and £2.55, which gives a possible trading interval of +/-£0.0511 (+/-2.04%) up or down from last closing price. If Globalworth Real Estate Investments Limited takes out the full calculated possible swing range there will be an estimated 4.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £2.49 (0.40%) than the resistance at £2.54 (1.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Globalworth Real Estate Investments Limited stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.719 Buy Candidate Unchanged
Predicted Opening Price for Globalworth Real Estate Investments Limited of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| £2.50 ( 0%) | £2.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GWI.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.50 | . | |
| R2 | 2.50 | . | ||
| R1 | 2.50 | . | ||
| Current price: | 2.50 | |||
| Support | S1 | 2.50 | . | |
| S2 | 2.50 | . | ||
| S3 | 2.50 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.76 | 10.40 % | |
| R2 | 2.71 | 8.40 % | ||
| R1 | 2.54 | 1.60 % | ||
| Current price | 2.50 | |||
| Support | S1 | 2.49 | -0.400% | |
| S2 | 2.46 | -1.60% | ||
| S3 | 2.44 | -2.40% |
GWI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2024 | Mar 21, 2024 | Apr 26, 2024 | £0.110 | 4.49% |
| 2 | Sep 07, 2023 | Sep 07, 2023 | Sep 07, 2023 | £0.140 | 5.36% |
| 3 | Mar 09, 2023 | Mar 16, 2023 | Apr 11, 2023 | £0.150 | 4.48% |
| 4 | Aug 31, 2022 | Sep 08, 2022 | Sep 30, 2022 | £0.140 | 3.38% |
| 5 | Mar 10, 2022 | Mar 17, 2022 | Apr 01, 2022 | £0.130 | 2.24% |
FAQ
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