Randall & Quilter Investment Holdings Stock Forecast
Randall & Quilter Investment Holdings stock upgraded from Strong Sell Candidate to Sell Candidate after Tuesday trading session.
(Updated on May 07, 2024)
No changes to the price of Randall & Quilter Investment Holdings stock on the last trading day (Tuesday, 7th May 2024). During the last trading day the stock fluctuated 0% from a day low at £1.94 to a day high of £1.94. The price has fallen in 5 of the last 10 days and is down by -37.62% for this period.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £1.50 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -45.71% during the next 3 months and, with a 90% probability hold a price between £0.81 and £2.47 at the end of this 3-month period.
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RQIH.L Signals & Forecast
There are mixed signals in the stock today. The Randall & Quilter Investment Holdings stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £2.10 and £4.14. 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. A buy signal was issued from a pivot bottom point on Friday, May 03, 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).
Support, Risk & Stop-loss for Randall & Quilter Investment Holdings stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 17.68%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RQIH.L) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect Randall & Quilter Investment Holdings Ltd. to open at £1.94, and during the day (based on 14 day Average True Range), to move between £1.32 and £2.56, which gives a possible trading interval of +/-£0.618 (+/-31.85%) up or down from last closing price. If Randall & Quilter Investment Holdings Ltd. takes out the full calculated possible swing range there will be an estimated 63.70% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ £2.15, some £0.213 (10.95%) from the current price of £1.94, our system finds the risk reward not very attractive.
Is Randall & Quilter Investment Holdings Ltd. stock A Buy?
Randall & Quilter Investment Holdings 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -4.173 Sell Candidate Upgraded
Predicted Opening Price for Randall & Quilter Investment Holdings Ltd. of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| £1.94 ( 0.00000000%) | £1.94 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RQIH.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.94 | 0.00000000 % | |
| R2 | 1.94 | 0.00000000 % | ||
| R1 | 1.94 | 0.00000000 % | ||
| Current price: | 1.94 | |||
| Support | S1 | 1.94 | 0.00000000 % | |
| S2 | 1.94 | 0.00000000 % | ||
| S3 | 1.94 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.21 | 13.92 % | |
| R2 | 2.18 | 12.11 % | ||
| R1 | 2.15 | 10.95 % | ||
| Current price | 1.94 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
RQIH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 06, 2021 | Sep 23, 2021 | Oct 12, 2021 | £2.00 | 1.17% |
| 2 | May 24, 2021 | Jun 03, 2021 | Jun 24, 2021 | £0.200 | 0.119% |
| 3 | Oct 26, 2020 | Nov 20, 2020 | Nov 27, 2020 | £3.80 | 2.05% |
| 4 | Oct 03, 2019 | Oct 03, 2019 | Oct 03, 2019 | £3.63 | 1.87% |
| 5 | Jun 13, 2019 | Jun 13, 2019 | Jun 13, 2019 | £5.36 | 3.13% |
FAQ
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