MS International PLC Stock Forecast
Green day on Tuesday for MS International PLC
(Updated on Jul 02, 2024)
The MS International PLC stock price gained 1.38% on the last trading day (Tuesday, 2nd Jul 2024), rising from £1,085.00 to £1,100.00. During the last trading day the stock fluctuated 2.77% from a day low at £1,075.00 to a day high of £1,104.75. The price has risen in 5 of the last 10 days and is up by 8.37% over the past 2 weeks. Volume fell on the last day by -26 thousand shares and in total, 19 thousand shares were bought and sold for approximately £21.13 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 upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £1,113.79 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 33.63% during the next 3 months and, with a 90% probability hold a price between £1,377.69 and £1,488.38 at the end of this 3-month period.
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MSI.L Signals & Forecast
The MS International 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 £1,072.14 and £1,017.09. 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). 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. A sell signal was issued from a pivot top point on Thursday, June 27, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Monday, April 22, 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, April 22, 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 MS International PLC stock
MS International PLC finds support from accumulated volume at £1,050.00 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 £29.75 between high and low, or 2.77%. For the last week, the stock has had daily average volatility of 4.42%.
Our recommended stop-loss: £1,065.24 (-3.16%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (MSI.L) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect MS International PLC to open at £1,093.25, and during the day (based on 14 day Average True Range), to move between £1,063.94 and £1,136.06, which gives a possible trading interval of +/-£36.06 (+/-3.28%) up or down from last closing price. If MS International PLC takes out the full calculated possible swing range there will be an estimated 6.56% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £1,050.00, some £50.00 (4.55%) from the current price of £1,100.00, our system finds the risk reward attractive.
Is MS International 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 MS International PLC stock to perform well in the short-term.
Current score: 4.629 Buy Candidate Unchanged
Predicted Opening Price for MS International PLC of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| £1,093.25 ( 0.614%) | £1,100.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MSI.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,123.00 | 2.09% |
| R2 | 1,111.64 | 1.06% |
| R1 | 1,104.61 | 0.419% |
| Price | 1,100.00 | |
| S1 | 1,081.89 | -1.65% |
| S2 | 1,074.86 | -2.29% |
| S3 | 1,063.50 | -3.32% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 1,100.00 | |
| S1 | 1,050.00 | -4.55% |
| S2 | 920.00 | -16.36% |
| S3 | 870.00 | -20.91% |
MSI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 11, 2024 | Jul 11, 2024 | Aug 23, 2024 | £16.50 | 1.50% |
| 2 | Dec 21, 2023 | Dec 21, 2023 | Jan 19, 2024 | £3.00 | 0.337% |
| 3 | Jul 06, 2023 | Jul 06, 2023 | Jul 06, 2023 | £13.00 | 2.27% |
| 4 | Jul 05, 2023 | Jul 05, 2023 | Jul 05, 2023 | £13.00 | 2.23% |
| 5 | Dec 07, 2022 | Dec 15, 2022 | Jan 13, 2023 | £2.00 | 0.315% |
FAQ
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