XLON:BBYB
Delisted

Balfour Beatty PLC 10 3/4 % Stock Forecast

£1.00
+0 (+0%)
At Close: Jul 01, 2020
RSI low/high Values: [ 15 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Balfour Beatty PLC 10 3/4 % stock price ended at £1.00 on Wednesday, after losing 0%.
(Updated on Jul 01, 2020)

Hold candidate since Apr 10, 2020 PDF

No changes to the price of Balfour Beatty PLC 10 3/4 % stock on the last trading day (Wednesday, 1st Jul 2020). During the last trading day the stock fluctuated 0% from a day low at £1.00 to a day high of £1.00. The price has been going up and down for this period, and there has been a -0.99% loss for the last 2 weeks.

The stock has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately £1.00 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

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BBYB.L Signals & Forecast

There are mixed signals in the stock today. The Balfour Beatty PLC 10 3/4 % 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 £1.01 and £1.02. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Thursday, June 25, 2020, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Balfour Beatty PLC 10 3/4 % stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 0.608%

Our recommended stop-loss: £0.94 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (BBYB.L) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 to open at £1.00, and during the day (based on 14 day Average True Range), to move between £0.98 and £1.02, which gives a possible trading interval of +/-£0.0157 (+/-1.57%) up or down from last closing price. If Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 takes out the full calculated possible swing range there will be an estimated 3.15% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ £1.01, some £0.0100 (1.00%) from the current price of £1.00, our system finds the risk reward not very attractive.

Is Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 stock A Buy?

Balfour Beatty PLC 10 3/4 % 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 of Thursday, July 2, 2020

Fair opening price July 2, 2020 Current price
£1.00 ( 0%) £1.00

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

Trading levels for BBYB.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.00 .
R2 1.00 .
R1 1.00 .
Current price: 1.00
Support S1 1.00 .
S2 1.00 .
S3 1.00 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 1.02 2.00 %
R1 1.01 1.00 %
Current price 1.00
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock and on which exchange is it traded?
The symbol for Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 is BBYB.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock?
Balfour Beatty PLC 10 3/4 % 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.

How to buy Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock?
Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock.

What's the current price of Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock?
As of the end of day on the 2020-07-01, the price of an Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 (BBYB.L) share was £1.00.

What is the 52-week high and low for Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock?
The 52-week high for Balfour Beatty PLC 10 3/4 % Cum.Conv.Red.Pref.Shs 1994-1.7.20 Stock is £1.08 and the 52-week low is £0.98.
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