RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AYM.L
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Anglesey Mining plc stock price ended at £1.37 on Wednesday, after losing 2.32%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 11, 2024 Gain 1.30% PDF

The Anglesey Mining plc stock price fell by -2.32% on the last day (Wednesday, 27th Mar 2024) from £1.40 to £1.37. During the last trading day the stock fluctuated 7.31% from a day low at £1.30 to a day high of £1.40. The price has been going up and down for this period, and there has been a 1.3% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -181 thousand shares and in total, 159 thousand shares were bought and sold for approximately £217.31 thousand.

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. Given the current short-term trend, the stock is expected to fall -29.19% during the next 3 months and, with a 90% probability hold a price between £0.82 and £1.03 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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AYM.L Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Anglesey Mining 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 £1.37 and £1.47. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -8.83%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Anglesey Mining plc stock

Anglesey Mining plc finds support from accumulated volume at £1.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved £0.0950 between high and low, or 7.31%. For the last week the stock has had daily average volatility of 8.57%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AYM.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Anglesey Mining plc to open at £1.35, and during the day (based on 14 day Average True Range), to move between £1.24 and £1.50, which gives a possible trading interval of +/-£0.129 (+/-9.42%) up or down from last closing price. If Anglesey Mining plc takes out the full calculated possible swing range there will be an estimated 18.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £1.35 (1.28%) than the resistance at £1.50 (9.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Anglesey Mining plc stock A Buy?

Anglesey Mining 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: -1.953 Sell Candidate Unchanged

Predicted Opening Price for Anglesey Mining plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£1.35 ( 0.98%) £1.37

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

Trading levels for AYM.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.45 5.97 %
R2 1.41 3.32 %
R1 1.39 1.68 %
Current price: 1.37
Support S1 1.32 -3.63 %
S2 1.30 -5.27 %
S3 1.26 -7.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.60 17.00 %
R2 1.55 13.35 %
R1 1.50 9.69 %
Current price 1.37
Support S1 1.35 -1.28%
S2 1.33 -3.11%
S3 1.30 -4.94%

FAQ

What is the symbol for Anglesey Mining plc Stock and on which exchange is it traded?
The symbol for Anglesey Mining plc is AYM.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Anglesey Mining plc Stock?
Anglesey Mining 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.

How to buy Anglesey Mining plc Stock?
Anglesey Mining plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Anglesey Mining plc Stock.

What's the current price of Anglesey Mining plc Stock?
As of the end of day on the 2024-03-27, the price of an Anglesey Mining plc (AYM.L) share was £1.37.

What is the 52-week high and low for Anglesey Mining plc Stock?
The 52-week high for Anglesey Mining plc Stock is £2.40 and the 52-week low is £1.00.

What is the market capitalization of Anglesey Mining plc Stock?
As of the 2024-03-27, the market capitalization of Anglesey Mining plc is 5.745M.

When is the next earnings date for Anglesey Mining plc?
The upcoming earnings date for Anglesey Mining plc is Sep 23, 2024.
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About Anglesey Mining plc

Anglesey Mining plc Anglesey Mining plc, a mining company, engages in the exploration, evaluation, and development of mineral properties. The company owns a 100% interest in the Parys Mountain underground zinc-copper-lead-silver-gold deposit in North Wales, the United Kingdom. It also has a 12% interest in the Labrador iron project located in Labrador and Quebec; and 19.9% interest in the Grangesberg iron ore mine situated in Bergslagen district of central Sweden. A... AYM.L Profile

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