Superdry Plc Stock Forecast
Superdry Plc stock upgraded to Hold/Accumulate.
(Updated on Jun 28, 2024)
No changes to the price of Superdry Plc stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0900 to a day high of $0.0900. The price has been going up and down for this period, and there has been a -3.43% loss for the last 2 weeks.
The stock lies the upper part of a very wide and falling 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 $0.0984 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -11.71% during the next 3 months and, with a 90% probability hold a price between $0.0433 and $0.0869 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
SEPGY Signals & Forecast
There are mixed signals in the stock today. The Superdry Plc 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 $0.0938 and $0.155. 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 Wednesday, June 26, 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 Superdry Plc stock
Superdry Plc finds support from accumulated volume at $0.0890 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 0%
Our recommended stop-loss: $0.0844 (-6.20%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (SEPGY) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Superdry Plc to open at $0.0900, and during the day (based on 14 day Average True Range), to move between $0.0840 and $0.0960, which gives a possible trading interval of +/-$0.0060 (+/-6.64%) up or down from last closing price. If Superdry Plc takes out the full calculated possible swing range there will be an estimated 13.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0890 (1.11%) than the resistance at $0.0932 (3.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Superdry Plc stock A Buy?
Superdry Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Upgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Superdry Plc of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $0.0900 ( 0.00000000%) | $0.0900 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SEPGY
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0900 | 0.00000000% |
| R2 | 0.0900 | 0.00000000% |
| R1 | 0.0900 | 0.00000000% |
| Price | 0.0900 | |
| S1 | 0.0900 | 0.00000000% |
| S2 | 0.0900 | 0.00000000% |
| S3 | 0.0900 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0.100 | 11.11% |
| R1 | 0.0932 | 3.56% |
| Price | 0.0900 | |
| S1 | 0.0890 | -1.11% |
| S2 | 0.0820 | -8.89% |
| S3 | 0.0713 | -20.76% |
SEPGY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 2019 | Dec 20, 2019 | Feb 07, 2020 | $0.0260 | 0.538% |
| 2 | Jul 10, 2019 | Jul 19, 2019 | Oct 04, 2019 | $0.0280 | 0.535% |
| 3 | Dec 13, 2018 | Dec 21, 2018 | Feb 08, 2019 | $0.117 | 1.66% |
| 4 | Oct 11, 2018 | Oct 11, 2018 | Oct 11, 2018 | $0.328 | 2.26% |
| 5 | Jul 09, 2018 | Jul 19, 2018 | Oct 05, 2018 | $0.291 | 2.01% |
FAQ
Click here for our free guide on how to buy Superdry Plc Stock.
