Impact Healthcare REIT PLC Stock Forecast
Impact Healthcare REIT PLC stock price down 0.358% on Wednesday
(Updated on May 01, 2024)
The Impact Healthcare REIT PLC stock price fell by -0.358% on the last day (Wednesday, 1st May 2024) from £83.90 to £83.60. During the last trading day the stock fluctuated 5.30% from a day low at £81.20 to a day high of £85.50. The price has been going up and down for this period, and there has been a 0.72% gain for the last 2 weeks. 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 -108 thousand shares and in total, 810 thousand shares were bought and sold for approximately £67.73 million.
The stock lies in the middle of a narrow 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 4.75% during the next 3 months and, with a 90% probability hold a price between £86.19 and £89.86 at the end of this 3-month period.
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IHR.L Signals & Forecast
The Impact Healthcare REIT PLC stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £84.33. On a fall, the stock will find some support from the long-term average at approximately £83.52. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Tuesday, April 23, 2024, and so far it has fallen -2.11%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Monday, March 18, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Monday, March 18, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Impact Healthcare REIT PLC stock
Impact Healthcare REIT PLC finds support from accumulated volume at £82.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £4.30 between high and low, or 5.30%. For the last week the stock has had daily average volatility of 2.56%.
Our recommended stop-loss: £79.63 (-4.75%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (IHR.L) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Impact Healthcare REIT PLC to open at £83.43, and during the day (based on 14 day Average True Range), to move between £81.38 and £85.82, which gives a possible trading interval of +/-£2.22 (+/-2.66%) up or down from last closing price. If Impact Healthcare REIT PLC takes out the full calculated possible swing range there will be an estimated 5.32% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £83.90 (0.36%) than the support at £82.00 (1.91%), 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 Impact Healthcare REIT PLC stock A Buy?
Impact Healthcare REIT 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: -0.279 Hold/Accumulate Unchanged
Predicted Opening Price for Impact Healthcare REIT PLC of Thursday, May 2, 2024
Fair opening price May 2, 2024 | Current price |
---|---|
£83.43 ( 0.199%) | £83.60 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IHR.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 87.73 | 4.94 % | |
R2 | 86.09 | 2.98 % | ||
R1 | 85.08 | 1.77 % | ||
Current price: | 83.60 | |||
Support | S1 | 81.79 | -2.16 % | |
S2 | 80.78 | -3.38 % | ||
S3 | 79.13 | -5.34 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 84.20 | 0.718 % | |
R2 | 84.00 | 0.478 % | ||
R1 | 83.90 | 0.359 % | ||
Current price | 83.60 | |||
Support | S1 | 82.00 | -1.91% | |
S2 | 81.00 | -3.11% | ||
S3 | 80.90 | -3.23% |
IHR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 02, 2024 | May 02, 2024 | May 17, 2024 | £1.74 | 2.08% |
2 | Feb 08, 2024 | Feb 08, 2024 | Feb 23, 2024 | £1.69 | 2.05% |
3 | Nov 02, 2023 | Nov 02, 2023 | Nov 02, 2023 | £0.0169 | 0.0192% |
4 | May 04, 2023 | May 04, 2023 | May 04, 2023 | £1.69 | 1.76% |
5 | Jan 31, 2023 | Feb 09, 2023 | Feb 24, 2023 | £1.64 | 1.64% |
FAQ
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