DP Poland Plc Stock Forecast
Red day on Monday for DP Poland Plc stock after losing 0%
(Updated on Sep 07, 2020)
No changes to the price of DP Poland Plc stock on the last trading day (Monday, 7th Sep 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0700 to a day high of £0.0700. 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 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 -10.01% during the next 3 months and, with a 90% probability hold a price between £0.0566 and £0.0676 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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DPP.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, July 16, 2020, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 DP Poland Plc stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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: £0.0658 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 37 days ago.)
Trading Expectations (DPP.L) For The Upcoming Trading Day Of Tuesday 8th
For the upcoming trading day on Tuesday, 8th we expect DP Poland Plc to open at £0.0700, and during the day (based on 14 day Average True Range), to move between £0.0692 and £0.0708, which gives a possible trading interval of +/-£0.0008 (+/-1.14%) up or down from last closing price. If DP Poland Plc takes out the full calculated possible swing range there will be an estimated 2.28% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ £0.0800, some £0.0100 (14.29%) from the current price of £0.0700, our system finds the risk reward not very attractive.
Is DP Poland Plc stock A Buy?
DP Poland 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: 0.000 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 DP Poland Plc of Tuesday, September 8, 2020
| Fair opening price September 8, 2020 | Current price |
|---|---|
| £0.0700 ( 0%) | £0.0700 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DPP.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0700 | . | |
| R2 | 0.0700 | . | ||
| R1 | 0.0700 | . | ||
| Current price: | 0.0700 | |||
| Support | S1 | 0.0700 | . | |
| S2 | 0.0700 | . | ||
| S3 | 0.0700 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0.0800 | 14.29 % | ||
| Current price | 0.0700 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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