RSI low/high Values: [ 20 - 85 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Carpetright plc stock price ended at £0.0495 on Monday, after losing 0%.
(Updated on Feb 10, 2020)

Buy or Hold candidate since Jan 31, 2020 PDF

No changes to the price of Carpetright plc stock on the last trading day (Monday, 10th Feb 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0495 to a day high of £0.0495. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.53% during the next 3 months and, with a 90% probability hold a price between £0.0466 and £0.0537 at the end of this 3-month period.

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CPR.L Signals & Forecast

The Carpetright plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £0.0495 and £0.0492. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, February 07, 2020, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Carpetright plc stock

Carpetright plc finds support from accumulated volume at £0.0493 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: £0.0475 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (CPR.L) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Carpetright plc to open at £0.0495, and during the day (based on 14 day Average True Range), to move between £0.0488 and £0.0502, which gives a possible trading interval of +/-£0.0007 (+/-1.44%) up or down from last closing price. If Carpetright plc takes out the full calculated possible swing range there will be an estimated 2.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £0.0497 (0.40%) than the support at £0.0493 (0.40%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Carpetright plc stock A Buy?

Carpetright plc 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: -0.070 Hold/Accumulate Unchanged

Predicted Opening Price for Carpetright plc of Tuesday, February 11, 2020

Fair opening price February 11, 2020 Current price
£0.0495 ( 0.00000000%) £0.0495

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

Trading levels for CPR.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0495 0.00000000 %
R2 0.0495 0.00000000 %
R1 0.0495 0.00000000 %
Current price: 0.0495
Support S1 0.0495 0.00000000 %
S2 0.0495 0.00000000 %
S3 0.0495 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.0501 1.21 %
R2 0.0498 0.606 %
R1 0.0497 0.404 %
Current price 0.0495
Support S1 0.0493 -0.404%
S2 0.0490 -1.01%
S3 0.0487 -1.62%

FAQ

What is the symbol for Carpetright plc Stock and on which exchange is it traded?
The symbol for Carpetright plc is CPR.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Carpetright plc Stock?
Carpetright plc 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 Carpetright plc Stock?
Carpetright plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Carpetright plc Stock.

What's the current price of Carpetright plc Stock?
As of the end of day on the 2020-02-10, the price of an Carpetright plc (CPR.L) share was £0.0495.

What is the 52-week high and low for Carpetright plc Stock?
The 52-week high for Carpetright plc Stock is £18.00 and the 52-week low is £0.0400.
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