RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DIA.L
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Evaluation of Dialight plc stock downgraded after the last trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 13, 2024 Gain 3.49% PDF

The Dialight plc stock price gained 0.158% on the last trading day (Wednesday, 27th Mar 2024), rising from £171.00 to £171.27. During the last trading day the stock fluctuated 7.23% from a day low at £170.00 to a day high of £182.29. The price has risen in 6 of the last 10 days and is up by 3.49% over the past 2 weeks. Volume fell on the last day by -5 thousand shares and in total, 5 thousand shares were bought and sold for approximately £852.93 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very 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 5.89% during the next 3 months and, with a 90% probability hold a price between £153.89 and £198.54 at the end of this 3-month period.

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DIA.L Signals & Forecast

The Dialight plc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £176.17. On a fall, the stock will find some support from the long-term average at approximately £157.39. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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, March 22, 2024, and so far it has fallen -8.41%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for Dialight plc stock

On the downside, the stock finds support just below today's level from accumulated volume at £158.00 and £150.50. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Dialight plc finds support just below today's level at £158.00. If this is broken, then the next support from accumulated volume will be at £150.50 and £146.10.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £12.29 between high and low, or 7.23%. For the last week the stock has had daily average volatility of 9.39%.

Our recommended stop-loss: £162.43 (-5.16%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (DIA.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Dialight plc to open at £174.52, and during the day (based on 14 day Average True Range), to move between £159.72 and £182.82, which gives a possible trading interval of +/-£11.55 (+/-6.74%) up or down from last closing price. If Dialight plc takes out the full calculated possible swing range there will be an estimated 13.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £175.50 (2.47%) than the support at £158.00 (7.75%), 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 Dialight plc stock A Buy?

Dialight 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.150 Hold/Accumulate Downgraded

Predicted Opening Price for Dialight plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£174.52 ( 1.90%) £171.27

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

Trading levels for DIA.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 186.81 9.07 %
R2 182.12 6.33 %
R1 179.21 4.64 %
Current price: 171.27
Support S1 169.83 -0.84 %
S2 166.92 -2.54 %
S3 162.23 -5.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 187.00 9.18 %
R2 186.00 8.60 %
R1 175.50 2.47 %
Current price 171.27
Support S1 158.00 -7.75%
S2 150.50 -12.13%
S3 146.10 -14.70%

DIA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 02, 2015 Apr 30, 2015 Jun 02, 2015 £9.80 1.32%
2 Jul 21, 2014 Sep 03, 2014 Oct 06, 2014 £5.20 0.562%
3 Feb 24, 2014 Apr 30, 2014 Jun 03, 2014 £9.50 1.04%
4 Jul 22, 2013 Aug 07, 2013 Sep 06, 2013 £4.90 0.353%
5 Feb 25, 2013 Apr 10, 2013 May 08, 2013 £9.50 0.739%

FAQ

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

Should I buy or sell Dialight plc Stock?
Dialight 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Dialight plc Stock?
Dialight 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 Dialight plc Stock.

What's the current price of Dialight plc Stock?
As of the end of day on the 2024-03-27, the price of an Dialight plc (DIA.L) share was £171.27.

What is the 52-week high and low for Dialight plc Stock?
The 52-week high for Dialight plc Stock is £240.00 and the 52-week low is £135.00.

What is the market capitalization of Dialight plc Stock?
As of the 2024-03-27, the market capitalization of Dialight plc is 67.827M.

When is the next earnings date for Dialight plc?
The upcoming earnings date for Dialight plc is Sep 16, 2024.
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About Dialight plc

Dialight plc Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, EMEA, and internationally. The company operates in two segments, Lighting, and Signals & Components. It offers high and low bays, and high outputs; conveyor, street, area, and flood lights; LED linear fixtures, such as low profile/top conduit linear, stainless steel ... DIA.L Profile

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