Weaker Buy Today BREE.L ranks #277 as BUY CANDIDATE. Stronger Buy
Today BREE.L ranks #277 as BUY CANDIDATE.

BREE.L stock Breedon Group Plc

BREE.L stock
Breedon Group Plc

March 22, 2019
Change 0.00%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will BREE.L stock price go up or down on Tue, 26 Mar 2019?

Breedon Group Plc Forecast and Stock Analysis

Technical BREE.L stock analysis for March 22, 2019.

Buy candidate since 2019-03-05 Gain 0.44%

No changes to the price of Breedon Group Plc in the last trading day. The price has been going up and down for this period, and there has been a -1.88% loss for the last 2 weeks.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the BREE.L stock was £68.00.

During day the stock fluctuated 0.89% from a day low at £67.40 to a day high of £68.00.

30 day high of the BREE.L stock price was £71.20 and low was £64.10.
90 day high was £71.20 and low was £57.70.
52 week high for the Breedon Group Plc - £85.80 and low - £55.30.

Trend

Breedon Group Plc lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £67.02 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.32% during the next 3 months and, with 90% probability hold a price between £75.28 and £83.40 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Breedon Group 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 £69.36. On a fall, the stock will find some support from the long-term average at approximately £67.41. 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. A buy signal was issued from a pivot bottom point on Wednesday March 20, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention for the next couple of days.

The stock had a Golden Star Signal* on Monday March 04, 2019 in the short-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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 60 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Breedon Group Plc finds support from accumulated volume at £67.40.

Support: £67.40 Price: £68.00 Resistance: £68.50

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 £0.60 (0.89%) between high and low. For the last week, the stock has had a daily average volatility of 1.20%.

Our recommended stoploss: £63.88 (-6.05%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today BREE.L ranks #277 as BUY CANDIDATE. Stronger Buy
Today BREE.L ranks #277 as BUY CANDIDATE.