Laura Ashley Holdings plc Stock Forecast
Laura Ashley Holdings plc stock price ended at £0.0031 on Tuesday, after losing 0%.
(Updated on Mar 31, 2020)
No changes to the price of Laura Ashley Holdings plc stock on the last trading day (Tuesday, 31st Mar 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0031 to a day high of £0.0031. 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 very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.
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ALY.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, March 17, 2020, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Laura Ashley Holdings 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 £0.0031 and £0.0136. A break-up above any of these levels will issue buy signals. 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 Laura Ashley Holdings plc stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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%
Laura Ashley Holdings plc is oversold on RSI14 (4). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ALY.L) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Laura Ashley Holdings plc to open at £0.0031, and during the day (based on 14 day Average True Range), to move between £0.0008 and £0.0054, which gives a possible trading interval of +/-£0.0023 (+/-72.60%) up or down from last closing price. If Laura Ashley Holdings plc takes out the full calculated possible swing range there will be an estimated 145.20% move between the lowest and the highest trading price during the day.
Is Laura Ashley Holdings plc stock A Buy?
Laura Ashley Holdings plc holds several negative signals and is within a very wide 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: -4.405 Sell Candidate Unchanged
Predicted Opening Price for Laura Ashley Holdings plc of Wednesday, April 1, 2020
Fair opening price April 1, 2020 | Current price |
---|---|
£0.0031 ( 0%) | £0.0031 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ALY.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0031 | . | |
R2 | 0.0031 | . | ||
R1 | 0.0031 | . | ||
Current price: | 0.0031 | |||
Support | S1 | 0.0031 | . | |
S2 | 0.0031 | . | ||
S3 | 0.0031 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 0.0031 | |||
Support | S1 | 0 | . | |
S2 | 0 | . | ||
S3 | 0 | . |
FAQ
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