Stronger Sell Today BRW.L ranks #5230 as SELL CANDIDATE #5230 Weaker Sell

BRISTOL WEST HOLDINGS INC stock forecast

BRW.L stock forecast

Wednesday June 19, 2019 Change -0.26% Price £301.20
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will BRW.L stock price go up or down on Thu, 20 Jun 2019?

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BRISTOL WEST HOLDINGS INC Forecast and Stock Analysis

Technical BRW.L stock analysis for Wednesday June 19, 2019.

Sell candidate since 2019-05-22 Loss -2.78%


BRISTOL WEST HOLDINGS INC fell by -0.26% in the last day ( Wednesday, 19th Jun 2019 ) from £302.00 to £301.20 During day the stock fluctuated 1.47% from a day low at £299.00 to a day high of £303.40. The price has fallen in 7 of the last 10 days and is down by -2.02% for this period. Volume has increased in the last day by 1.41 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 1.90 million shares bought and sold for approximately £571.71 million.

Quick summary:

  • 30 day high of the BRW.L stock price was £313.20 and low was £295.80.
  • 90 day high was £341.20 and low was £295.80.
  • 52 week high for the BRISTOL WEST HOLDINGS INC - £369.80 and low - £3.11.

Trend

BRISTOL WEST HOLDINGS INC lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.97% during the next 3 months and, with 90% probability hold a price between £262.38 and £290.95 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Monday June 17, 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. BRISTOL WEST HOLDINGS INC holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 £303.00 and £308.74. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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A buy signal from a double bottom formation was found on Monday June 17, 2019 and based on theory for this formation the price should go up by 12.81% to £313.61 within 10 trading days since signal was issued (Monday July 01, 2019).

Relative Strength Index (RSI)

RSI14 is 40 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

BRISTOL WEST HOLDINGS INC finds support from accumulated volume at £301.00.

Support: £301.00 Price: £301.20 Resistance: £306.00

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 £4.40 (1.47%) between high and low. For the last week, the stock has had a daily average volatility of 2.17%.

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

2.17 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

BRISTOL WEST HOLDINGS INC holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Sell Candidate Upgraded
Stronger Sell Today BRW.L ranks #5230 as SELL CANDIDATE #5230 Weaker Sell

Will BRW.L stock price go up or down on Thu, 20 Jun 2019?

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