Voltari Corp Stock Forecast
Voltari Corp stock price ended at £143.00 on Friday, after gaining 1.06%.
(Updated on May 03, 2024)
The Voltari Corp stock price gained 1.06% on the last trading day (Friday, 3rd May 2024), rising from £141.50 to £143.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.97% from a day low at £141.50 to a day high of £144.29. The price has risen in 6 of the last 10 days and is up by 3.62% over the past 2 weeks. Volume fell on the last day by -366 thousand shares and in total, 182 thousand shares were bought and sold for approximately £26.01 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and strong 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 26.56% during the next 3 months and, with a 90% probability hold a price between £167.38 and £194.80 at the end of this 3-month period.
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MOTR.L Signals & Forecast
The Voltari Corp 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 £140.50 and £135.60. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 10.85%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Voltari Corp stock
Voltari Corp finds support from accumulated volume at £141.50 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 £2.79 between high and low, or 1.97%. For the last week the stock has had daily average volatility of 1.79%.
The Voltari Corp stock is extremely overbought on RSI14 (89). This increases the short-term risk substantially.
Our recommended stop-loss: £139.11 (-2.72%) (This stock has low daily movements and this gives low risk. The RSI14 is 89 and this increases the risk substantially. There is a buy signal from a pivot bottom found 32 days ago.)
Trading Expectations (MOTR.L) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Voltari Corp to open at £142.93, and during the day (based on 14 day Average True Range), to move between £140.39 and £145.61, which gives a possible trading interval of +/-£2.61 (+/-1.82%) up or down from last closing price. If Voltari Corp takes out the full calculated possible swing range there will be an estimated 3.65% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £141.50, some £1.50 (1.05%) from the current price of £143.00, our system finds the risk reward attractive.
Is Voltari Corp stock A Buy?
Voltari Corp holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Current score: 7.752 Strong Buy Candidate Unchanged
Predicted Opening Price for Voltari Corp of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| £142.93 ( 0.0490%) | £143.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MOTR.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 145.72 | 1.90 % | |
| R2 | 144.65 | 1.16 % | ||
| R1 | 144.00 | 0.696 % | ||
| Current price: | 143.00 | |||
| Support | S1 | 141.86 | -0.794 % | |
| S2 | 141.21 | -1.25 % | ||
| S3 | 140.14 | -2.00 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 143.00 | |||
| Support | S1 | 141.50 | -1.05% | |
| S2 | 136.00 | -4.90% | ||
| S3 | 133.75 | -6.47% |
MOTR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 28, 2019 | Feb 06, 2020 | Mar 13, 2020 | £2.60 | 1.04% |
| 2 | Jun 11, 2019 | Aug 15, 2019 | Sep 20, 2019 | £5.00 | 2.30% |
| 3 | Nov 29, 2018 | Feb 07, 2019 | Mar 15, 2019 | £2.50 | 1.28% |
| 4 | Jun 12, 2018 | Aug 02, 2018 | Sep 14, 2018 | £4.60 | 2.00% |
| 5 | Nov 29, 2017 | Feb 01, 2018 | Mar 16, 2018 | £2.00 | 0.92% |
FAQ
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