Previous Hold Today BUR.L ranks #1646 as HOLD CANDIDATE #1646 Next Hold

BUR.L stock forecast Burcon NutraScience Corp - Ordinary Shares

BUR.L stock forecast





Will BUR.L stock price go up or down on Thu, 23 May 2019?


Burcon NutraScience Corp - Ordinary Shares Forecast and Stock Analysis

Technical BUR.L stock analysis for Wednesday May 22, 2019.

Hold candidate since 2019-05-22
Shorts 4.38% ( 2018-04-13 )
Insider % n/a
Institutional % 20.30%
Beta 0.06
ROA -96.90%
Price to book GBP 112.58
P/E Ratio n/a
Next Earnings Date n/a

Burcon NutraScience Corp - Ordinary Shares gained 3.94% in the last trading day ( Wednesday, 22nd May 2019 ), rising from £1 550.00 to £1 611.00 , 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 day the stock fluctuated 4.77% from a day low at £1 550.00 to a day high of £1 624.00. The price has risen in 6 of the last 10 days and is up by 8.27% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.58 million more shares were traded than the day before. In total, 1.06 million shares bought and sold for approximately £1 713.81 million.

Quick summary:

  • 30 day high of the BUR.L stock price was £1 850.00 and low was £1 424.00.
  • 90 day high was £2 045.00 and low was £1 424.00.
  • 52 week high for the Burcon NutraScience Corp - Ordinary Shares - £2 075.00 and low - £1 288.00.


Burcon NutraScience Corp - Ordinary Shares 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 -13.55% during the next 3 months and, with 90% probability hold a price between £1 224.86 and £1 510.99 at the end of this period.

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A buy signal was issued from a pivot bottom point on Friday May 10, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Burcon NutraScience Corp - Ordinary Shares holds a buysignal 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 £1 655.06. On a fall, the stock will find some support from the short-term average at £1 524.29. 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.

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Relative Strength Index (RSI)

RSI14 is 58 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Burcon NutraScience Corp - Ordinary Shares finds support from accumulated volume at £1 594.00.

Support: £1 594.00 Price: £1 611.00 Resistance: £1 651.00


This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £74.00 between high and low, or 4.77%. For the last week, the stock has had a daily average volatility of 3.48%.

Our recommended stoploss: £1 534.16 (-4.77%) (This stock has high daily movements and this gives high risk. There is a buy signal from pivot bottom found 8 days ago.)

3.48 %

Average volatility

Overall risk:

Very Low Low Medium High Very High


Burcon NutraScience Corp - Ordinary Shares holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Hold/Accumulate Upgraded
Previous Hold Today BUR.L ranks #1646 as HOLD CANDIDATE #1646 Next Hold

Will BUR.L stock price go up or down
on Thu, 23 May 2019?


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