3I Infrastructure Plc Stock Forecast
3I Infrastructure Plc stock price ended at £326.00 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)
No changes to the price of 3I Infrastructure Plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 1.08% from a day low at £324.00 to a day high of £327.50. The price has risen in 5 of the last 10 days and is up by 0.31% over the past 2 weeks.
The stock lies in the middle of a 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 2.94% during the next 3 months and, with a 90% probability hold a price between £327.01 and £350.20 at the end of this 3-month period.
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3IN.L Signals & Forecast
There are mixed signals in the stock today. The 3I Infrastructure Plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £327.60. On a fall, the stock will find some support from the short-term average at £324.36. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 1.56%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for 3I Infrastructure Plc stock
3I Infrastructure Plc finds support from accumulated volume at £325.00 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £3.50 between high and low, or 1.08%. For the last week the stock has had daily average volatility of 1.47%.
Our recommended stop-loss: £306.95 (-5.84%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (3IN.L) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect 3I Infrastructure Plc to open at £325.83, and during the day (based on 14 day Average True Range), to move between £321.36 and £330.64, which gives a possible trading interval of +/-£4.64 (+/-1.42%) up or down from last closing price. If 3I Infrastructure Plc takes out the full calculated possible swing range there will be an estimated 2.84% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £325.00 (0.31%) than the resistance at £327.50 (0.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is 3I Infrastructure Plc stock A Buy?
3I Infrastructure 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.
Current score: -0.561 Hold/Accumulate Unchanged
Predicted Opening Price for 3I Infrastructure Plc of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
£325.83 ( 0.0511%) | £326.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3IN.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 329.33 | 1.02 % | |
R2 | 328.00 | 0.612 % | ||
R1 | 327.17 | 0.359 % | ||
Current price: | 326.00 | |||
Support | S1 | 324.50 | -0.461 % | |
S2 | 323.67 | -0.715 % | ||
S3 | 322.33 | -1.12 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 331.00 | 1.53 % | |
R2 | 329.00 | 0.92 % | ||
R1 | 327.50 | 0.460 % | ||
Current price | 326.00 | |||
Support | S1 | 325.00 | -0.307% | |
S2 | 324.00 | -0.613% | ||
S3 | 322.00 | -1.23% |
3IN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 23, 2023 | Nov 23, 2023 | Nov 23, 2023 | £0.0595 | 0.0183% |
2 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | £5.58 | 1.80% |
3 | Nov 08, 2022 | Nov 24, 2022 | Jan 12, 2023 | £5.58 | 1.67% |
4 | May 10, 2022 | Jun 16, 2022 | Jul 11, 2022 | £5.23 | 1.57% |
5 | Nov 09, 2021 | Nov 25, 2021 | Jan 10, 2022 | £5.23 | 1.46% |
FAQ
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