RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Thursday for YIT Oyj stock after losing 0%
(Updated on Aug 08, 2019)

Buy candidate since Aug 05, 2019 PDF

No changes to the price of YIT Oyj stock on the last trading day (Thursday, 8th Aug 2019). During the last trading day the stock fluctuated 0% from a day low at £5.47 to a day high of £5.47. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a 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 11.86% during the next 3 months and, with a 90% probability hold a price between £5.90 and £6.45 at the end of this 3-month period.

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0GKA.L Signals & Forecast

The YIT Oyj 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 £5.47 and £5.43. A breakdown below any of these levels will issue sell signals. 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 Monday, July 01, 2019, and so far it has fallen -0.591%. Further fall is indicated until a new bottom pivot has been found. 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. The stock had a Golden Star Signal on Monday, April 29, 2019 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for YIT Oyj stock

YIT Oyj finds support from accumulated volume at £5.22 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: £5.25 (-4.09%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 28 days ago.)

Trading Expectations (0GKA.L) For The Upcoming Trading Day Of Friday 9th

For the upcoming trading day on Friday, 9th we expect YIT Oyj to open at £5.47, and during the day (based on 14 day Average True Range), to move between £5.45 and £5.49, which gives a possible trading interval of +/-£0.0240 (+/-0.44%) up or down from last closing price. If YIT Oyj takes out the full calculated possible swing range there will be an estimated 0.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £5.50 (0.59%) than the support at £5.22 (4.66%), 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 YIT Oyj stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for YIT Oyj stock to perform well in the short-term.

Current score: 1.523 Buy Candidate Unchanged

Predicted Opening Price for YIT Oyj of Friday, August 9, 2019

Fair opening price August 9, 2019 Current price
£5.47 ( 0%) £5.47

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

Trading levels for 0GKA.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.47 .
R2 5.47 .
R1 5.47 .
Current price: 5.47
Support S1 5.47 .
S2 5.47 .
S3 5.47 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 5.50 0.594 %
Current price 5.47
Support S1 5.22 -4.66%
S2 5.13 -6.26%
S3 5.11 -6.61%

FAQ

What is the symbol for YIT Oyj Stock and on which exchange is it traded?
The symbol for YIT Oyj is 0GKA.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell YIT Oyj Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for YIT Oyj stock to perform well in the short-term.

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

What's the current price of YIT Oyj Stock?
As of the end of day on the 2019-08-08, the price of an YIT Oyj (0GKA.L) share was £5.47.

What is the 52-week high and low for YIT Oyj Stock?
The 52-week high for YIT Oyj Stock is £6.11 and the 52-week low is £4.38.
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About YIT Oyj

YIT Oyj YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Sweden, Norway, Russia, the Czech Republic, Slovakia, Poland, Baltic countries, and internationally. The company operates through five segments: Housing Finland and CEE, Housing Russia, Business Premises, Infrastructure, and Partnership Properties. It develops and builds apartments and residential areas, as well as provides re... 0GKA.L Profile

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