RSI low/high Values: [ 15 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SPR.L
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Springfield Properties PLC stock downgraded from Buy Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 21, 2024 Gain 18.67% PDF

No changes to the price of Springfield Properties PLC stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 5.15% from a day low at £97.00 to a day high of £102.00. The price has risen in 6 of the last 10 days and is up by 8.24% over the past 2 weeks.

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 16.63% during the next 3 months and, with a 90% probability hold a price between £96.89 and £120.95 at the end of this 3-month period.

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SPR.L Signals & Forecast

The Springfield Properties PLC stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £99.14. On a fall, the stock will find some support from the long-term average at approximately £86.89. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, March 22, 2024, and so far it has fallen -4.37%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for Springfield Properties PLC stock

On the downside, the stock finds support just below today's level from accumulated volume at £82.00 and £79.00. 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, Springfield Properties PLC finds support just below today's level at £82.00. If this is broken, then the next support from accumulated volume will be at £79.00 and £77.50.

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 £5.00 between high and low, or 5.15%. For the last week, the stock has had daily average volatility of 6.31%.

Our recommended stop-loss: £93.55 (-5.03%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (SPR.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Springfield Properties PLC to open at £99.17, and during the day (based on 14 day Average True Range), to move between £93.69 and £103.31, which gives a possible trading interval of +/-£4.81 (+/-4.88%) up or down from last closing price. If Springfield Properties PLC takes out the full calculated possible swing range there will be an estimated 9.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £101.50 (3.05%) than the support at £82.00 (16.75%), 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 Springfield Properties PLC stock A Buy?

Springfield Properties 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.499 Hold/Accumulate Downgraded

Predicted Opening Price for Springfield Properties PLC of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£99.17 ( 0.677%) £98.50

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SPR.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 104.17 5.75 %
R2 102.26 3.81 %
R1 101.08 2.62 %
Current price: 98.50
Support S1 97.26 -1.26 %
S2 96.08 -2.46 %
S3 94.17 -4.40 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 103.00 4.57 %
R2 102.50 4.06 %
R1 101.50 3.05 %
Current price 98.50
Support S1 82.00 -16.75%
S2 79.00 -19.80%
S3 77.50 -21.32%

SPR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 20, 2022 Nov 03, 2022 Dec 16, 2022 £4.70 6.06%
2 Feb 22, 2022 Mar 10, 2022 Mar 31, 2022 £1.50 1.03%
3 Sep 14, 2021 Nov 04, 2021 Dec 09, 2021 £4.45 2.98%
4 Feb 23, 2021 Mar 04, 2021 Mar 25, 2021 £1.30 0.87%
5 Sep 29, 2020 Nov 12, 2020 Dec 10, 2020 £2.00 1.72%

FAQ

What is the symbol for Springfield Properties PLC Stock and on which exchange is it traded?
The symbol for Springfield Properties PLC is SPR.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Springfield Properties PLC Stock?
Springfield Properties 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Springfield Properties PLC Stock?
Springfield Properties PLC Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Springfield Properties PLC Stock.

What's the current price of Springfield Properties PLC Stock?
As of the end of day on the 2024-03-27, the price of an Springfield Properties PLC (SPR.L) share was £98.50.

What is the 52-week high and low for Springfield Properties PLC Stock?
The 52-week high for Springfield Properties PLC Stock is £105.00 and the 52-week low is £50.00.

What is the market capitalization of Springfield Properties PLC Stock?
As of the 2024-03-27, the market capitalization of Springfield Properties PLC is 116.875M.

When is the next earnings date for Springfield Properties PLC?
The upcoming earnings date for Springfield Properties PLC is Sep 18, 2024.
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About Springfield Properties PLC

Springfield Properties PLC Springfield Properties Plc, together with its subsidiary, engages in the house building business in the United Kingdom. The company operates in Private Housing and Affordable markets. It is also involved in hiring plants and machineries, property development, buys and sells real estate and residential property, and management services. The company was founded in 1956 and is based in Elgin, the United Kingdom.... SPR.L Profile

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