Integrated Diagnostics Holdings Plc Stock Forecast
Red day on Friday for Integrated Diagnostics Holdings Plc stock after losing 0.797%
(Updated on May 03, 2024)
The Integrated Diagnostics Holdings Plc stock price fell by -0.797% on the last day (Friday, 3rd May 2024) from £0.314 to £0.311. During the last trading day the stock fluctuated 0% from a day low at £0.311 to a day high of £0.311. The price has fallen in 6 of the last 10 days and is down by -11.14% 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 -5 thousand shares and in total, 126 shares were bought and sold for approximately £39.19 .
The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £0.307 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 6.64% during the next 3 months and, with a 90% probability hold a price between £0.327 and £0.464 at the end of this 3-month period.
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IDHC.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has risen 1.97%. 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 Integrated Diagnostics Holdings 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 £0.315 and £0.365. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Integrated Diagnostics Holdings Plc stock
Integrated Diagnostics Holdings Plc finds support from accumulated volume at £0.307 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". 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 4.81%.
Integrated Diagnostics Holdings Plc is oversold on RSI14 (12). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IDHC.L) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Integrated Diagnostics Holdings Plc to open at £0.311, and during the day (based on 14 day Average True Range), to move between £0.298 and £0.324, which gives a possible trading interval of +/-£0.0128 (+/-4.10%) up or down from last closing price. If Integrated Diagnostics Holdings Plc takes out the full calculated possible swing range there will be an estimated 8.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £0.307 (1.29%) than the resistance at £0.339 (8.84%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Integrated Diagnostics Holdings Plc stock A Buy?
The Integrated Diagnostics Holdings Plc stock holds several negative signals and despite the positive trend, we believe Integrated Diagnostics Holdings Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.028 Sell Candidate Unchanged
Predicted Opening Price for Integrated Diagnostics Holdings Plc of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| £0.311 ( 0%) | £0.311 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IDHC.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.311 | . | |
| R2 | 0.311 | . | ||
| R1 | 0.311 | . | ||
| Current price: | 0.311 | |||
| Support | S1 | 0.311 | . | |
| S2 | 0.311 | . | ||
| S3 | 0.311 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.374 | 20.10 % | |
| R2 | 0.365 | 17.20 % | ||
| R1 | 0.339 | 8.84 % | ||
| Current price | 0.311 | |||
| Support | S1 | 0.307 | -1.29% | |
| S2 | 0.306 | -1.61% | ||
| S3 | 0.300 | -3.54% |
IDHC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 16, 2022 | Jun 16, 2022 | Jul 27, 2022 | £0.116 | 14.41% |
| 2 | Jun 17, 2021 | Jul 08, 2021 | Jul 29, 2021 | £0.0490 | 4.11% |
| 3 | Sep 02, 2020 | Sep 10, 2020 | Oct 02, 2020 | £0.0468 | 5.01% |
| 4 | Mar 21, 2019 | May 16, 2019 | Jun 07, 2019 | £0.0440 | 3.52% |
| 5 | Mar 21, 2018 | May 17, 2018 | Jun 08, 2018 | £0.0400 | 3.42% |
FAQ
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