XLON:CCPG
Delisted

CVC Credit Partners European Stock Forecast

£94.00
+1.00 (+1.08%)
At Close: Jul 20, 2022

Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 15 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

CVC Credit Partners European stock price up 1.08% on Wednesday
(Updated on Jul 20, 2022)

Hold candidate since Jun 28, 2022 Gain 0.93% PDF

The CVC Credit Partners European stock price gained 1.08% on the last trading day (Wednesday, 20th Jul 2022), rising from £93.00 to £94.00. It 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 last trading day the stock fluctuated 4.91% from a day low at £89.60 to a day high of £94.00. The price has been going up and down for this period, and there has been a 0.64% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 122 thousand more shares were traded than the day before. In total, 122 thousand shares were bought and sold for approximately £11.50 million.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at £94.16 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -11.75% during the next 3 months and, with a 90% probability hold a price between £77.99 and £83.10 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CCPG.L Signals & Forecast

The CVC Credit Partners European stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at £91.41 and £93.93. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, July 14, 2022, and so far it has risen 5.38%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for CVC Credit Partners European stock

CVC Credit Partners European finds support from accumulated volume at £93.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £4.40 (4.91%) between high and low. For the last week, the stock has had daily average volatility of 1.98%.

Our recommended stop-loss: £90.00 (-4.26%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (CCPG.L) For The Upcoming Trading Day Of Thursday 21st

For the upcoming trading day on Thursday, 21st we expect CVC Credit Partners European Opportunities Limited to open at £92.53, and during the day (based on 14 day Average True Range), to move between £91.13 and £96.87, which gives a possible trading interval of +/-£2.87 (+/-3.05%) up or down from last closing price. If CVC Credit Partners European Opportunities Limited takes out the full calculated possible swing range there will be an estimated 6.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £93.20 (0.85%) than the resistance at £97.90 (4.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is CVC Credit Partners European Opportunities Limited stock A Buy?

CVC Credit Partners European holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for CVC Credit Partners European Opportunities Limited of Thursday, July 21, 2022

Fair opening price July 21, 2022 Current price
£92.53 ( 1.56%) £94.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CCPG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 96.93 3.12 %
R2 95.25 1.33 %
R1 94.21 0.228 %
Current price: 94.00
Support S1 90.86 -3.35 %
S2 89.82 -4.45 %
S3 88.14 -6.24 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 101.50 7.98 %
R2 98.10 4.36 %
R1 97.90 4.15 %
Current price 94.00
Support S1 93.20 -0.85%
S2 93.00 -1.06%
S3 91.60 -2.55%

FAQ

What is the symbol for CVC Credit Partners European Opportunities Limited Stock and on which exchange is it traded?
The symbol for CVC Credit Partners European Opportunities Limited is CCPG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell CVC Credit Partners European Opportunities Limited Stock?
CVC Credit Partners European holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy CVC Credit Partners European Opportunities Limited Stock?
CVC Credit Partners European Opportunities Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CVC Credit Partners European Opportunities Limited Stock.

What's the current price of CVC Credit Partners European Opportunities Limited Stock?
As of the end of day on the 2022-07-20, the price of an CVC Credit Partners European Opportunities Limited (CCPG.L) share was £94.00.

What is the 52-week high and low for CVC Credit Partners European Opportunities Limited Stock?
The 52-week high for CVC Credit Partners European Opportunities Limited Stock is £108.50 and the 52-week low is £1.05.
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About CVC Credit Partners European Opportunities Limited

CVC Credit Partners European Opportunities Limited is a closed-ended fixed income mutual fund of fund launched by Goldman Sachs International. The fund is managed by CVC Credit Partners Investment Management Ltd. It invests in the fixed income markets of Western Europe. The fund seeks to invest in securities of companies across diversified sectors. It primarily invests all of its assets in units of the CVC European Credit Opportunities S.àr.l,... CCPG.L Profile

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