Judges Scientific plc Stock Forecast
Red day on Friday for Judges Scientific plc
(Updated on May 17, 2024)
No changes to the price of Judges Scientific plc stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 3.44% from a day low at £11,601.00 to a day high of £12,000.00. The price has fallen in 4 of the last 10 days but is still up by 3.1% over the past 2 weeks.
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 7.83% during the next 3 months and, with a 90% probability hold a price between £11,573.61 and £13,426.68 at the end of this 3-month period.
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JDG.L Signals & Forecast
The Judges Scientific 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 £11,792.86. On a fall, the stock will find some support from the long-term average at approximately £11,118.57. 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. 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 Tuesday, May 14, 2024, and so far it has fallen -4.90%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Judges Scientific plc stock
Judges Scientific plc finds support from accumulated volume at £11,350.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 £399.00 between high and low, or 3.44%. For the last week, the stock has had daily average volatility of 4.03%.
Our recommended stop-loss: £11,017.95 (-5.43%) (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 (JDG.L) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Judges Scientific plc to open at £11,750.33, and during the day (based on 14 day Average True Range), to move between £11,264.36 and £12,035.64, which gives a possible trading interval of +/-£385.64 (+/-3.31%) up or down from last closing price. If Judges Scientific plc takes out the full calculated possible swing range there will be an estimated 6.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £11,700.00 (0.43%) than the support at £11,350.00 (2.58%), 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.
Earnings coming up
Judges Scientific plc will release earnings BMO on Tuesday, May 21, 2024. We will update the financials statements for Judges Scientific plc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.92% in the first trading day after earnings release.
Is Judges Scientific plc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Judges Scientific plc stock to perform well in the short-term.
Current score: 1.142 Buy Candidate Unchanged
Predicted Opening Price for Judges Scientific plc of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
£11,750.33 ( 0.86%) | £11,650.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JDG.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 12,149.33 | 4.29 % | |
R2 | 11,996.92 | 2.98 % | ||
R1 | 11,902.75 | 2.17 % | ||
Current price: | 11,650.00 | |||
Support | S1 | 11,597.92 | -0.447 % | |
S2 | 11,503.75 | -1.26 % | ||
S3 | 11,351.33 | -2.56 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 12,000.00 | 3.00 % | |
R2 | 11,800.00 | 1.29 % | ||
R1 | 11,700.00 | 0.429 % | ||
Current price | 11,650.00 | |||
Support | S1 | 11,350.00 | -2.58% | |
S2 | 11,200.00 | -3.86% | ||
S3 | 10,700.00 | -8.15% |
JDG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 06, 2024 | Jun 06, 2024 | Jul 05, 2024 | £68.00 | 0.584% |
2 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | £59.00 | 0.601% |
3 | Sep 22, 2022 | Oct 06, 2022 | Nov 04, 2022 | £22.00 | 0.286% |
4 | Mar 23, 2022 | Jun 09, 2022 | Jul 08, 2022 | £47.00 | 0.635% |
5 | Sep 24, 2021 | Oct 07, 2021 | Nov 05, 2021 | £19.00 | 0.229% |
FAQ
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