RSI low/high Values: [ 15 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

BBA Aviation Plc stock upgraded from Sell Candidate to Hold/Accumulate after Monday trading session.
(Updated on Dec 02, 2019)

Hold candidate since Dec 02, 2019 PDF

No changes to the price of BBA Aviation Plc stock on the last trading day (Monday, 2nd Dec 2019). During the last trading day the stock fluctuated 0% from a day low at £3.14 to a day high of £3.14. The price has been going up and down for this period, and there has been a 2.95% gain for the last 2 weeks.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at £3.15 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.74% during the next 3 months and, with a 90% probability hold a price between £2.85 and £3.06 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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BBA.L Signals & Forecast

The BBA Aviation Plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 £3.14 and £3.06. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, November 29, 2019, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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. The stock had a Golden Star Signal on Monday, November 18, 2019 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for BBA Aviation Plc stock

BBA Aviation Plc finds support from accumulated volume at £3.11 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%

The BBA Aviation Plc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: £3.04 (-3.34%) (This stock has low daily movements and this gives low risk. The RSI14 is 83 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (BBA.L) For The Upcoming Trading Day Of Tuesday 3rd

For the upcoming trading day on Tuesday, 3rd we expect BBA Aviation Plc to open at £3.14, and during the day (based on 14 day Average True Range), to move between £3.10 and £3.18, which gives a possible trading interval of +/-£0.0433 (+/-1.38%) up or down from last closing price. If BBA Aviation Plc takes out the full calculated possible swing range there will be an estimated 2.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £3.16 (0.64%) than the support at £3.11 (0.96%), 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 BBA Aviation Plc stock A Buy?

BBA Aviation Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.535 Hold/Accumulate Upgraded

Predicted Opening Price for BBA Aviation Plc of Tuesday, December 3, 2019

Fair opening price December 3, 2019 Current price
£3.14 ( 0%) £3.14

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

Trading levels for BBA.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.14 .
R2 3.14 .
R1 3.14 .
Current price: 3.14
Support S1 3.14 .
S2 3.14 .
S3 3.14 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.20 1.91 %
R2 3.19 1.59 %
R1 3.16 0.637 %
Current price 3.14
Support S1 3.11 -0.96%
S2 3.10 -1.27%
S3 3.02 -3.82%

FAQ

What is the symbol for BBA Aviation Plc Stock and on which exchange is it traded?
The symbol for BBA Aviation Plc is BBA.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell BBA Aviation Plc Stock?
BBA Aviation Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy BBA Aviation Plc Stock?
BBA Aviation 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 BBA Aviation Plc Stock.

What's the current price of BBA Aviation Plc Stock?
As of the end of day on the 2019-12-02, the price of an BBA Aviation Plc (BBA.L) share was £3.14.

What is the 52-week high and low for BBA Aviation Plc Stock?
The 52-week high for BBA Aviation Plc Stock is £247.60 and the 52-week low is £2.07.
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