BRW.L Forecast and Technical Stock Analysis
Sell candidate since 2019-08-14 Gain 1.72%
BRISTOL WEST HOLDINGS INC gained 1.37% in the last trading day ( Friday, 16th Aug 2019 ), rising from £2.92 to £2.96 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.71% from a day low at £2.93 to a day high of £2.98. The price has fallen in 6 of the last 10 days and is down by -2.95% for this period. Volume fell in the last day by -52 066 shares and in total, 229 241 shares bought and sold for approximately £678 553.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the BRW.L stock price was £3.27 and low was £2.84.
- 90 day high was £3.27 and low was £2.84.
- 52 week high for BRISTOL WEST HOLDINGS INC - £363.80 and low - £2.84.
BRISTOL WEST HOLDINGS INC 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 BRISTOL WEST HOLDINGS INC with a 90% probability to be traded between £2.84 and £3.19 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.
A buy signal was issued from a pivot bottom point on Monday August 12, 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 a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at £3.08. On a fall, the stock will find some support from the short-term average at £2.93. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 27 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
BRISTOL WEST HOLDINGS INC finds support from accumulated volume at £2.94.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.05 between high and low, or 1.71%. For the last week the stock has had a daily average volatility of 2.36%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.36 %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!