MS International PLC Stock Forecast
Green day on Friday for MS International PLC
(Updated on May 17, 2024)
The MS International PLC stock price gained 0.81% on the last trading day (Friday, 17th May 2024), rising from £992.00 to £1,000.00. During the last trading day the stock fluctuated 3.70% from a day low at £974.00 to a day high of £1,010.00. The price has risen in 5 of the last 10 days and is up by 10.5% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 15 thousand shares were bought and sold for approximately £14.97 million.
The stock lies in the upper part of a wide and 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 £1,013.17 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.92% during the next 3 months and, with a 90% probability hold a price between £918.35 and £1,123.78 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 £982.14 and £877.51. 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 is rising along with the price. This is considered to be a good technical 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 Friday, May 10, 2024, and so far it has fallen -0.498%. 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
On the downside, the stock finds support just below today's level from accumulated volume at £920.00 and £870.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MS International PLC finds support just below today's level at £920.00. If this is broken, then the next support from accumulated volume will be at £870.00 and £805.00.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £36.00 between high and low, or 3.70%. For the last week, the stock has had daily average volatility of 4.47%.
Our recommended stop-loss: £962.11 (-3.79%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (MSI.L) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect MS International PLC to open at £994.67, and during the day (based on 14 day Average True Range), to move between £967.50 and £1,032.50, which gives a possible trading interval of +/-£32.50 (+/-3.25%) up or down from last closing price. If MS International PLC takes out the full calculated possible swing range there will be an estimated 6.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £1,005.00 (0.50%) than the support at £920.00 (8.00%), 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 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: 2.121 Buy Candidate Unchanged
Predicted Opening Price for MS International PLC of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
£994.67 ( 0.533%) | £1,000.00 |
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 | |||
---|---|---|---|---|
Resistance | R3 | 1,030.67 | 3.07 % | |
R2 | 1,016.91 | 1.69 % | ||
R1 | 1,008.42 | 0.84 % | ||
Current price: | 1,000.00 | |||
Support | S1 | 980.91 | -1.91 % | |
S2 | 972.42 | -2.76 % | ||
S3 | 958.67 | -4.13 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 1,005.00 | 0.500 % | ||
Current price | 1,000.00 | |||
Support | S1 | 920.00 | -8.00% | |
S2 | 870.00 | -13.00% | ||
S3 | 805.00 | -19.50% |
MSI Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 21, 2023 | Dec 21, 2023 | Dec 21, 2023 | £0 | 0% |
2 | Jul 06, 2023 | Jul 06, 2023 | Jul 06, 2023 | £13.00 | 2.27% |
3 | Jul 05, 2023 | Jul 05, 2023 | Jul 05, 2023 | £13.00 | 2.23% |
4 | Dec 07, 2022 | Dec 15, 2022 | Jan 13, 2023 | £2.00 | 0.315% |
5 | Jun 28, 2022 | Jul 14, 2022 | Aug 12, 2022 | £7.50 | 2.53% |
FAQ
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