Yü Group Plc Stock Forecast
Red day on Wednesday for Yü Group Plc stock after losing 0%
(Updated on Jun 19, 2024)
No changes to the price of Yü Group Plc stock on the last trading day (Wednesday, 19th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at £1,640.00 to a day high of £1,640.00. The price has fallen in 5 of the last 10 days and is down by -8.89% for this period.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at £1,604.79 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Yü Group Plc stock with a 90% probability to be traded between £1,573.62 and £1,882.36 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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YU.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Yü Group 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 £1,670.71 and £1,753.79. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.
Support, Risk & Stop-loss for Yü Group Plc stock
Yü Group Plc finds support from accumulated volume at £1,630.00 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 2.37%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (YU.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Yü Group Plc to open at £1,640.00, and during the day (based on 14 day Average True Range), to move between £1,577.54 and £1,702.46, which gives a possible trading interval of +/-£62.46 (+/-3.81%) up or down from last closing price. If Yü Group Plc takes out the full calculated possible swing range there will be an estimated 7.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £1,650.00 (0.61%) than the support at £1,630.00 (0.61%), 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 Yü Group Plc stock A Buy?
Yü Group Plc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.286 Sell Candidate Unchanged
Predicted Opening Price for Yü Group Plc of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £1,640.00 ( 0%) | £1,640.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YU.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,640.00 | - |
| R2 | 1,640.00 | - |
| R1 | 1,640.00 | - |
| Price | 1,640.00 | |
| S1 | 1,640.00 | - |
| S2 | 1,640.00 | - |
| S3 | 1,640.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,830.00 | 11.59% |
| R2 | 1,750.00 | 6.71% |
| R1 | 1,650.00 | 0.610% |
| Price | 1,640.00 | |
| S1 | 1,630.00 | -0.610% |
| S2 | 1,520.00 | -7.32% |
| S3 | 1,510.00 | -7.93% |
YU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 30, 2024 | May 30, 2024 | May 30, 2024 | £37.00 | 2.03% |
| 2 | Nov 23, 2023 | Nov 23, 2023 | Nov 23, 2023 | £3.00 | 0.269% |
| 3 | Jun 01, 2023 | Jun 01, 2023 | Jun 01, 2023 | £3.00 | 0.504% |
| 4 | Nov 22, 2018 | Nov 22, 2018 | Nov 22, 2018 | £1.20 | 0.86% |
| 5 | Aug 02, 2018 | Aug 02, 2018 | Aug 02, 2018 | £2.00 | 0.220% |
FAQ
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