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 BBSN.L
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Evaluation of Brave Bison Group Plc stock downgraded after the last trading session.
(Updated on Mar 27, 2024)

Sell candidate since Mar 11, 2024 Loss -9.00% PDF

The Brave Bison Group Plc stock price fell by -1.09% on the last day (Wednesday, 27th Mar 2024) from £2.30 to £2.28. During the last trading day the stock fluctuated 6.82% from a day low at £2.20 to a day high of £2.35. The price has fallen in 7 of the last 10 days and is down by -9% for this period. 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 -3 thousand shares and in total, 1 million shares were bought and sold for approximately £2.89 million.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £2.22 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 19.16% during the next 3 months and, with a 90% probability hold a price between £2.64 and £3.66 at the end of this 3-month period.

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BBSN.L Signals & Forecast

There are few to no technical positive signals at the moment. The Brave Bison Group 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 £2.33 and £2.56. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, February 21, 2024, and so far it has fallen -20.87%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Brave Bison Group Plc stock

Brave Bison Group Plc finds support from accumulated volume at £2.23 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £0.150 between high and low, or 6.82%. For the last week, the stock has had daily average volatility of 8.18%.

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

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

For the upcoming trading day on Thursday, 28th we expect Brave Bison Group Plc to open at £2.28, and during the day (based on 14 day Average True Range), to move between £2.10 and £2.45, which gives a possible trading interval of +/-£0.172 (+/-7.57%) up or down from last closing price. If Brave Bison Group Plc takes out the full calculated possible swing range there will be an estimated 15.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £2.23 (1.98%) than the resistance at £2.40 (5.49%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Brave Bison Group Plc stock A Buy?

The Brave Bison Group Plc stock holds several negative signals and despite the positive trend, we believe Brave Bison Group Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -5.251 Strong Sell Candidate Downgraded

Predicted Opening Price for Brave Bison Group Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£2.28 ( 0.00000000%) £2.28

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

Trading levels for BBSN.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.43 6.59 %
R2 2.37 4.07 %
R1 2.33 2.52 %
Current price: 2.28
Support S1 2.22 -2.52 %
S2 2.18 -4.07 %
S3 2.13 -6.59 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.70 18.68 %
R2 2.58 13.19 %
R1 2.40 5.49 %
Current price 2.28
Support S1 2.23 -1.98%
S2 2.15 -5.49%
S3 1.85 -18.68%

FAQ

What is the symbol for Brave Bison Group Plc Stock and on which exchange is it traded?
The symbol for Brave Bison Group Plc is BBSN.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Brave Bison Group Plc Stock?
The Brave Bison Group Plc stock holds several negative signals and despite the positive trend, we believe Brave Bison Group Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

How to buy Brave Bison Group Plc Stock?
Brave Bison Group 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 Brave Bison Group Plc Stock.

What's the current price of Brave Bison Group Plc Stock?
As of the end of day on the 2024-03-27, the price of an Brave Bison Group Plc (BBSN.L) share was £2.28.

What is the 52-week high and low for Brave Bison Group Plc Stock?
The 52-week high for Brave Bison Group Plc Stock is £3.15 and the 52-week low is £1.50.

What is the market capitalization of Brave Bison Group Plc Stock?
As of the 2024-03-27, the market capitalization of Brave Bison Group Plc is 29.305M.

When is the next earnings date for Brave Bison Group Plc?
The upcoming earnings date for Brave Bison Group Plc is Apr 25, 2024.
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About Brave Bison Group Plc

Brave Bison Group Plc Brave Bison Group plc operates as a digital advertising agency in the United Kingdom, Europe, the Asia-Pacific, and internationally. It engages in the creation, distribution, and monetization of online video content through The Hook on Instagram; The Wave House on TikTok; and Slick on Snapchat, as well as on behalf of channel partners, such as PGA Tour and US Open on YouTube. The company also buys media across advertising platforms, as well as di... BBSN.L Profile

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