XP Power Ltd. Stock Forecast
Red day on Friday for XP Power Ltd. stock after losing 0%
(Updated on May 03, 2024)
No changes to the price of XP Power Ltd. stock on the last trading day (Friday, 3rd May 2024). During the last trading day the stock fluctuated 2.17% from a day low at £1,108.00 to a day high of £1,132.00. The price has risen in 6 of the last 10 days and is up by 5.52% over the past 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.90% during the next 3 months and, with a 90% probability hold a price between £595.23 and £1,070.67 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.
XPP.L Signals & Forecast
Mostly positive signals in the chart today. The XP Power Ltd. 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 £1,097.71 and £1,067.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 16, 2024, and so far it has risen 14.46%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.
Support, Risk & Stop-loss for XP Power Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at £1,018.00 and £970.00. 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, XP Power Ltd. finds support just below today's level at £1,018.00. If this is broken, then the next support from accumulated volume will be at £970.00 and £968.00.
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 £24.00 between high and low, or 2.17%. For the last week, the stock has had daily average volatility of 5.12%.
Our recommended stop-loss: £1,065.01 (-3.88%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 53 days ago.)
Trading Expectations (XPP.L) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect XP Power Ltd. to open at £1,116.00, and during the day (based on 14 day Average True Range), to move between £1,060.79 and £1,155.21, which gives a possible trading interval of +/-£47.21 (+/-4.26%) up or down from last closing price. If XP Power Ltd. takes out the full calculated possible swing range there will be an estimated 8.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £1,116.00 (0.72%) than the support at £1,018.00 (8.12%), 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 XP Power Ltd. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 2.087 Buy Candidate Unchanged
Predicted Opening Price for XP Power Ltd. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| £1,116.00 ( 0.722%) | £1,108.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XPP.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,140.00 | 2.89 % | |
| R2 | 1,130.83 | 2.06 % | ||
| R1 | 1,125.17 | 1.55 % | ||
| Current price: | 1,108.00 | |||
| Support | S1 | 1,106.83 | -0.105 % | |
| S2 | 1,101.17 | -0.617 % | ||
| S3 | 1,092.00 | -1.44 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 1,118.00 | 0.90 % | ||
| R1 | 1,116.00 | 0.722 % | ||
| Current price | 1,108.00 | |||
| Support | S1 | 1,018.00 | -8.12% | |
| S2 | 970.00 | -12.45% | ||
| S3 | 968.00 | -12.64% |
XPP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | £18.00 | 0.83% |
| 2 | Feb 28, 2023 | Mar 23, 2023 | Apr 27, 2023 | £36.00 | 1.64% |
| 3 | Oct 11, 2022 | Dec 08, 2022 | Jan 18, 2023 | £21.00 | 0.86% |
| 4 | Aug 01, 2022 | Sep 08, 2022 | Oct 13, 2022 | £19.00 | 1.30% |
| 5 | Apr 14, 2022 | Jun 16, 2022 | Jul 14, 2022 | £18.00 | 0.647% |
FAQ
Click here for our free guide on how to buy XP Power Ltd. Stock.
