IntegraFin Holdings PLC Stock Forecast
Red day on Thursday for IntegraFin Holdings PLC
(Updated on May 02, 2024)
The IntegraFin Holdings PLC stock price fell by -0.167% on the last day (Thursday, 2nd May 2024) from £299.50 to £299.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.54% from a day low at £295.50 to a day high of £303.00. The price has fallen in 6 of the last 10 days but is still up by 1.01% over the past 2 weeks. Volume has increased on the last day by 875 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately £300.60 million.
The stock lies in the middle of a wide and weak 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 7.80% during the next 3 months and, with a 90% probability hold a price between £301.24 and £331.60 at the end of this 3-month period.
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IHP.L Signals & Forecast
The IntegraFin Holdings 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 £298.00 and £282.02. 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 Monday, April 29, 2024, and so far it has fallen -2.45%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for IntegraFin Holdings PLC stock
On the downside, the stock finds support just below today's level from accumulated volume at £276.40 and £267.80. 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, IntegraFin Holdings PLC finds support just below today's level at £276.40. If this is broken, then the next support from accumulated volume will be at £267.80 and £267.60.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £7.50 between high and low, or 2.54%. For the last week, the stock has had daily average volatility of 3.19%.
Our recommended stop-loss: £288.20 (-3.61%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (IHP.L) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect IntegraFin Holdings PLC to open at £299.17, and during the day (based on 14 day Average True Range), to move between £290.33 and £307.67, which gives a possible trading interval of +/-£8.67 (+/-2.90%) up or down from last closing price. If IntegraFin Holdings PLC takes out the full calculated possible swing range there will be an estimated 5.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £299.50 (0.17%) than the support at £276.40 (7.56%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is IntegraFin Holdings PLC stock A Buy?
IntegraFin Holdings 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: 0.507 Hold/Accumulate Unchanged
Predicted Opening Price for IntegraFin Holdings PLC of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| £299.17 ( 0.0557%) | £299.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IHP.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 306.67 | 2.56 % | |
| R2 | 303.80 | 1.61 % | ||
| R1 | 302.03 | 1.01 % | ||
| Current price: | 299.00 | |||
| Support | S1 | 296.30 | -0.90 % | |
| S2 | 294.53 | -1.49 % | ||
| S3 | 291.67 | -2.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 306.50 | 2.51 % | |
| R2 | 300.00 | 0.334 % | ||
| R1 | 299.50 | 0.167 % | ||
| Current price | 299.00 | |||
| Support | S1 | 276.40 | -7.56% | |
| S2 | 267.80 | -10.43% | ||
| S3 | 267.60 | -10.50% |
IHP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 21, 2023 | Dec 21, 2023 | Dec 21, 2023 | £0 | 0% |
| 2 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | £3.20 | 1.25% |
| 3 | Dec 14, 2022 | Dec 22, 2022 | Jan 27, 2023 | £7.00 | 2.12% |
| 4 | May 26, 2022 | Jun 09, 2022 | Jun 30, 2022 | £3.20 | 1.42% |
| 5 | Dec 16, 2021 | Dec 23, 2021 | Jan 21, 2022 | £7.00 | 1.36% |
FAQ
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