Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Weaker Buy Today APAX.L ranks #1173 as BUY CANDIDATE #1173 Stronger Buy

APAX.L stock forecast Apax Global Alpha Limited

APAX.L stock forecast

Tuesday June 25, 2019 Change 1.02% Price £148.00
Chart period: 2019-03-26 - 2019-06-25
VOLUME
Buy
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will APAX.L stock price go up or down on Wed, 26 Jun 2019?

Predict

Apax Global Alpha Limited Forecast and Stock Analysis

Technical APAX.L stock analysis for Tuesday June 25, 2019.

Buy candidate since 2019-06-25


Apax Global Alpha Limited gained 1.02% in the last trading day ( Tuesday, 25th Jun 2019 ), rising from £146.50 to £148.00 During day the stock fluctuated 2.07% from a day low at £145.00 to a day high of £148.00. The price has risen in 5 of the last 10 days and is up by 1.02% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 128 645 more shares were traded than the day before. In total, 198 890 shares bought and sold for approximately £29.44 million.

Quick summary:

  • 30 day high of the APAX.L stock price was £148.00 and low was £143.50.
  • 90 day high was £153.00 and low was £1.42.
  • 52 week high for the Apax Global Alpha Limited - £153.00 and low - £1.42.

Trend

Apax Global Alpha Limited has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is £147.26, a level that may pose a second chance to hit a runner. According to fan-theory £299.25 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

Click here for today's Top 5 Trending Companies

Signals

Apax Global Alpha Limited holds buy signals from both short- and long-term moving averages. In addition, 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 £146.64 and £122.00. A break down below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday June 20, 2019, which indicates further falls until a new bottom pivot has been found.

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Thursday June 20, 2019 and based on theory for this formation the price should fall by -3.58% to £143.92 within 6 trading days since signal was issued (Friday June 28, 2019).

Relative Strength Index (RSI)

RSI14 is 58 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Apax Global Alpha Limited finds support from accumulated volume at £147.00.

Support: £147.00 Price: £148.00 Resistance: £150.00

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £3.00 (2.07%) between high and low. For the last week, the stock has had a daily average volatility of 1.79%.

Our recommended stoploss: £142.18 (-3.93%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 3 days ago.)

1.79 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today APAX.L ranks #1173 as BUY CANDIDATE #1173 Stronger Buy

Will APAX.L stock price go up or down on Wed, 26 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank