DNA.L Forecast and Technical Stock Analysis
Hold candidate since 2019-09-04 PDF
No changes to the price of Doric Nimrod Air One Ltd. in the last trading day ( Friday, 13th Sep 2019 ). During the day the stock fluctuated 1.28% from a day low at £0.89 to a day high of £0.90. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
- 30 day high of the DNA.L stock price was £0.90 and low was £0.86.
- 90 day high was £0.92 and low was £0.86.
- 52 week high for Doric Nimrod Air One Ltd. - £114.50 and low - £0.86.
Doric Nimrod Air One Ltd. has broken the narrow and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is £0.89, a level that may pose a second chance to hit a runner. According to fan-theory £0.93 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.
Doric Nimrod Air One Ltd. holds buy signals from both short- and long-term moving averages. In addition, 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 £0.89 and £0.88. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday September 12, 2019, which indicates further falls 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 85 ]
RSI14 is 50 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
Doric Nimrod Air One Ltd. finds support from accumulated volume at £0.88.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: £0.85 (-4.06%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
0.56 %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!