Weaker Buy Today BAG.L ranks #1327 as BUY CANDIDATE. Stronger Buy
Today BAG.L ranks #1327 as BUY CANDIDATE.

BAG.L stock Barr(A.G.) plc

BAG.L stock
Barr(A.G.) plc

April 18, 2019
Change -1.57%
Chart period: 2019-01-21 - 2019-04-18
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will BAG.L stock price go up or down on Tue, 23 Apr 2019?

Barr(A.G.) plc Forecast and Stock Analysis

Technical BAG.L stock analysis for April 18, 2019.

Buy candidate since 2019-04-08 Gain 0.25%

Barr(A.G.) plc fell by -1.57% in the last day from £828.00 to £815.00 and has now fallen 3 days in a row. The price has risen in 5 of the last 10 days and is up by 0.49% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -309 870 shares and in total 202 354 shares bought and sold for approximately £164.92 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the BAG.L stock was £815.00. This is 1.57% less than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 1.96% from a day low at £815.00 to a day high of £831.00.

30 day high of the BAG.L stock price was £834.00 and low was £760.00.
90 day high was £834.00 and low was £729.00.
52 week high for the Barr(A.G.) plc - £834.00 and low - £658.00.

Trend

Barr(A.G.) plc lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.49% during the next 3 months and, with 90% probability hold a price between £869.09 and £923.74 at the end of this period.

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Signals

Barr(A.G.) plc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £821.71. On a fall, the stock will find some support from the long-term average at approximately £805.63. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales 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 Tuesday April 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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A sell signal from a double top formation was found on Tuesday April 16, 2019 and based on theory for this formation the price should fall by -18.91% to £806.09 within 11 trading days since signal was issued (Friday May 03, 2019).

Relative Strength Index (RSI)

RSI14 is 56 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Barr(A.G.) plc finds support from accumulated volume at £813.00.

Support: £813.00 Price: £815.00 Resistance: £818.00

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 £16.00 (1.96%) between high and low. For the last week, the stock has had a daily average volatility of 1.32%.

Our recommended stoploss: £776.71 (-4.70%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today BAG.L ranks #1327 as BUY CANDIDATE. Stronger Buy
Today BAG.L ranks #1327 as BUY CANDIDATE.