AEW UK Long Lease REIT Plc Stock Forecast

AEW UK Long Lease REIT Plc stock price ended at £0.725 on Wednesday, after losing 0%.
(Updated on Mar 11, 2020)

AEWL.L Signals & Forecast

There are few to no technical positive signals at the moment. The AEW UK Long Lease REIT 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 £0.725 and £0.735. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 10, 2020, and so far it has fallen 0%. 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 AEW UK Long Lease REIT Plc stock

AEW UK Long Lease REIT Plc finds support from accumulated volume at £0.710 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: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AEWL.L) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect AEW UK Long Lease REIT Plc to open at £0.725, and during the day (based on 14 day Average True Range), to move between £0.715 and £0.735, which gives a possible trading interval of +/-£0.0105 (+/-1.44%) up or down from last closing price. If AEW UK Long Lease REIT Plc takes out the full calculated possible swing range there will be an estimated 2.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £0.735 (1.38%) than the support at £0.710 (2.07%), 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 AEW UK Long Lease REIT Plc stock A Buy?

AEW UK Long Lease REIT Plc holds several negative signals and is within a 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: -2.186 Sell Candidate Unchanged

Predicted Opening Price for AEW UK Long Lease REIT Plc of Thursday, March 12, 2020

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