BILN.L Forecast and Technical Stock Analysis
Sell candidate since 2019-10-11 PDF
No changes to the price of Billington Holdings Plc in the last trading day ( Monday, 14th Oct 2019 ). During the day the stock fluctuated 0.00% from a day low at £3.04 to a day high of £3.04. The price has been going up and down for this period, and there has been a -3.44% loss for the last 2 weeks.
- 30 day high of the BILN.L stock price was £3.39 and low was £3.01.
- 90 day high was £3.39 and low was £2.84.
- 52 week high for Billington Holdings Plc - £300.00 and low - £2.33.
Billington Holdings Plc is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Billington Holdings Plc with a 90% probability to be traded between £2.94 and £3.36 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
There are mixed signals in the stock today. Billington Holdings Plc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at £3.18 and £3.15. 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 October 10, 2019, which indicates further gains until a new top pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 26 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Billington Holdings Plc finds support from accumulated volume at £3.08.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
1.76 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!