Lindsell Train Investment Trust PLC Stock Forecast
Red day on Thursday for Lindsell Train Investment Trust PLC
(Updated on May 09, 2024)
No changes to the price of Lindsell Train Investment Trust PLC stock on the last trading day (Thursday, 9th May 2024). During the last trading day the stock fluctuated 0% from a day low at £802.00 to a day high of £802.00. The price has been going up and down for this period, and there has been a 0.5% gain for the last 2 weeks.
The stock lies in the middle of a 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 -3.08% during the next 3 months and, with a 90% probability hold a price between £734.31 and £789.57 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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LTI.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 08, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. 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. The Lindsell Train Investment Trust PLC stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at £802.57 and £802.00. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Thursday, May 02, 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 Thursday, May 02, 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 Lindsell Train Investment Trust PLC stock
Lindsell Train Investment Trust PLC finds support from accumulated volume at £798.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock 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 2.53%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LTI.L) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Lindsell Train Investment Trust PLC to open at £802.00, and during the day (based on 14 day Average True Range), to move between £781.09 and £822.91, which gives a possible trading interval of +/-£20.91 (+/-2.61%) up or down from last closing price. If Lindsell Train Investment Trust PLC takes out the full calculated possible swing range there will be an estimated 5.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £804.00 (0.25%) than the support at £798.00 (0.50%), 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 Lindsell Train Investment Trust PLC stock A Buy?
Lindsell Train Investment Trust PLC holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.517 Sell Candidate Unchanged
Predicted Opening Price for Lindsell Train Investment Trust PLC of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| £802.00 ( 0%) | £802.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LTI.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 802.00 | . | |
| R2 | 802.00 | . | ||
| R1 | 802.00 | . | ||
| Current price: | 802.00 | |||
| Support | S1 | 802.00 | . | |
| S2 | 802.00 | . | ||
| S3 | 802.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 816.00 | 1.75 % | |
| R2 | 806.00 | 0.499 % | ||
| R1 | 804.00 | 0.249 % | ||
| Current price | 802.00 | |||
| Support | S1 | 798.00 | -0.499% | |
| S2 | 797.00 | -0.623% | ||
| S3 | 796.00 | -0.748% |
LTI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 10, 2023 | Aug 10, 2023 | Aug 10, 2023 | £51.50 | 5.39% |
| 2 | Jun 15, 2022 | Aug 11, 2022 | Sep 13, 2022 | £188.00 | 18.61% |
| 3 | Jun 17, 2021 | Aug 12, 2021 | Sep 14, 2021 | £293.00 | 18.72% |
| 4 | Jun 15, 2020 | Aug 13, 2020 | Sep 08, 2020 | £261.00 | 23.30% |
| 5 | Jun 12, 2019 | Aug 15, 2019 | Sep 09, 2019 | £163.00 | 12.01% |
FAQ
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