3I Infrastructure Plc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Monday for 3I Infrastructure Plc
(Updated on Apr 22, 2024)
The 3I Infrastructure Plc stock price gained 0.774% on the last trading day (Monday, 22nd Apr 2024), rising from £323.00 to £325.50. During the last trading day the stock fluctuated 0.618% from a day low at £323.50 to a day high of £325.50. The price has fallen in 7 of the last 10 days and is down by -0.46% for this period. Volume fell on the last day by -312 thousand shares and in total, 514 thousand shares were bought and sold for approximately £167.15 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect 3I Infrastructure Plc stock with a 90% probability to be traded between £318.86 and £333.81 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
3IN.L Signals & Forecast
Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 £326.34. On a fall, the stock will find some support from the short-term average at £324.86. 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. A sell signal was issued from a pivot top point on Thursday, April 04, 2024, and so far it has fallen -1.06%. 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).
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 £2.00 between high and low, or 0.618%. For the last week the stock has had daily average volatility of 0.98%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3IN.L) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect 3I Infrastructure Plc to open at £324.83, and during the day (based on 14 day Average True Range), to move between £321.65 and £329.35, which gives a possible trading interval of +/-£3.85 (+/-1.18%) up or down from last closing price. If 3I Infrastructure Plc takes out the full calculated possible swing range there will be an estimated 2.36% 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 (0.15%) than the resistance at £327.50 (0.61%), 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 negative signals and is within a narrow 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: -2.422 Sell Candidate Unchanged
Predicted Opening Price for 3I Infrastructure Plc of Tuesday, April 23, 2024
Fair opening price April 23, 2024 | Current price |
---|---|
£324.83 ( 0.205%) | £325.50 |
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 | 326.83 | 0.410 % | |
R2 | 326.07 | 0.175 % | ||
R1 | 325.60 | 0.0299 % | ||
Current price: | 325.50 | |||
Support | S1 | 324.07 | -0.440 % | |
S2 | 323.60 | -0.585 % | ||
S3 | 322.83 | -0.82 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 331.00 | 1.69 % | |
R2 | 329.00 | 1.08 % | ||
R1 | 327.50 | 0.614 % | ||
Current price | 325.50 | |||
Support | S1 | 325.00 | -0.154% | |
S2 | 323.00 | -0.768% | ||
S3 | 322.00 | -1.08% |
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
Click here for our free guide on how to buy 3I Infrastructure Plc Stock.