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.

Stronger technical forecast for Orpea stock price after Thursday trading.
(Updated on Aug 08, 2019)

Buy or Hold candidate since Jul 24, 2019 PDF

No changes to the price of Orpea stock on the last trading day (Thursday, 8th Aug 2019). During the last trading day the stock fluctuated 0% from a day low at £106.35 to a day high of £106.35. 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 narrow and weak 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 5.47% during the next 3 months and, with a 90% probability hold a price between £111.35 and £115.31 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

0MGW.L Signals & Forecast

The Orpea 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 £106.35 and £105.89. 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 -0.468%. 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.

Support, Risk & Stop-loss for Orpea stock

Orpea finds support from accumulated volume at £105.55 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: £102.02 (-4.07%) (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 (0MGW.L) For The Upcoming Trading Day Of Friday 9th

For the upcoming trading day on Friday, 9th we expect Orpea to open at £106.35, and during the day (based on 14 day Average True Range), to move between £105.99 and £106.71, which gives a possible trading interval of +/-£0.358 (+/-0.34%) up or down from last closing price. If Orpea takes out the full calculated possible swing range there will be an estimated 0.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £106.55 (0.19%) than the support at £105.55 (0.75%), 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 Orpea 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 Orpea stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.493 Buy Candidate Upgraded

Predicted Opening Price for Orpea of Friday, August 9, 2019

Fair opening price August 9, 2019 Current price
£106.35 ( 0.00000000%) £106.35

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

Trading levels for 0MGW.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 106.35 0.00000000 %
R2 106.35 0.00000000 %
R1 106.35 0.00000000 %
Current price: 106.35
Support S1 106.35 0.00000000 %
S2 106.35 0.00000000 %
S3 106.35 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 106.85 0.470 %
R1 106.55 0.188 %
Current price 106.35
Support S1 105.55 -0.752%
S2 102.65 -3.48%
S3 102.10 -4.00%

FAQ

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

Should I buy or sell Orpea 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 Orpea stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Orpea Stock?
As of the end of day on the 2019-08-08, the price of an Orpea (0MGW.L) share was £106.35.

What is the 52-week high and low for Orpea Stock?
The 52-week high for Orpea Stock is £118.58 and the 52-week low is £83.64.
Click to get the best stock tips daily for free!