RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DUKE.L
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Duke Royalty Limited stock downgraded from Hold/Accumulate to Sell Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Duke Royalty Limited stock price gained 0.775% on the last trading day (Wednesday, 27th Mar 2024), rising from £32.25 to £32.50. During the last trading day the stock fluctuated 6.25% from a day low at £32.00 to a day high of £34.00. The price has fallen in 7 of the last 10 days and is down by -2.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 236 thousand more shares were traded than the day before. In total, 520 thousand shares were bought and sold for approximately £16.89 million.

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 -3.87% during the next 3 months and, with a 90% probability hold a price between £28.22 and £32.05 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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DUKE.L Signals & Forecast

The Duke Royalty Limited 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 £32.74. On a fall, the stock will find some support from the long-term average at approximately £31.55. 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). Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, March 11, 2024, and so far it has fallen -3.27%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Duke Royalty Limited stock

Duke Royalty Limited finds support from accumulated volume at £31.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £2.00 between high and low, or 6.25%. For the last week, the stock has had daily average volatility of 4.00%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 28th we expect Duke Royalty Limited to open at £32.83, and during the day (based on 14 day Average True Range), to move between £31.23 and £33.77, which gives a possible trading interval of +/-£1.27 (+/-3.90%) up or down from last closing price. If Duke Royalty Limited takes out the full calculated possible swing range there will be an estimated 7.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £33.00 (1.54%) than the support at £31.00 (4.62%), 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 Duke Royalty Limited stock A Buy?

Duke Royalty Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.047 Sell Candidate Downgraded

Predicted Opening Price for Duke Royalty Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£32.83 ( 1.03%) £32.50

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

Trading levels for DUKE.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.83 7.18 %
R2 34.07 4.83 %
R1 33.60 3.38 %
Current price: 32.50
Support S1 32.07 -1.33 %
S2 31.60 -2.78 %
S3 30.83 -5.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 33.50 3.08 %
R2 33.25 2.31 %
R1 33.00 1.54 %
Current price 32.50
Support S1 31.00 -4.62%
S2 30.75 -5.38%
S3 29.75 -8.46%

DUKE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Mar 28, 2024 Apr 12, 2024 £0.700 2.15%
2 Dec 28, 2023 Dec 28, 2023 Dec 28, 2023 £0 0%
3 Jun 22, 2023 Jun 22, 2023 Jun 22, 2023 £0.700 2.14%
4 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 £0.700 2.19%
5 Dec 15, 2022 Dec 22, 2022 Jan 12, 2023 £0.700 2.12%

FAQ

What is the symbol for Duke Royalty Limited Stock and on which exchange is it traded?
The symbol for Duke Royalty Limited is DUKE.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Duke Royalty Limited Stock?
Duke Royalty Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Duke Royalty Limited Stock?
Duke Royalty 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 Duke Royalty Limited Stock.

What's the current price of Duke Royalty Limited Stock?
As of the end of day on the 2024-03-27, the price of an Duke Royalty Limited (DUKE.L) share was £32.50.

What is the 52-week high and low for Duke Royalty Limited Stock?
The 52-week high for Duke Royalty Limited Stock is £35.50 and the 52-week low is £26.95.

What is the market capitalization of Duke Royalty Limited Stock?
As of the 2024-03-27, the market capitalization of Duke Royalty Limited is 133.044M.

When is the next earnings date for Duke Royalty Limited?
The upcoming earnings date for Duke Royalty Limited is Jul 02, 2024.
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About Duke Royalty Limited

Duke Royalty Limited Duke Royalty Limited is a principal investment firm specializing in royalty financing. The firm It does not invest in start-ups or tight margin business models. It focuses on intellectual property assets and stable, cash flowing businesses with positive EBITDA, no debt or low levels of debt, and management desire to continue with the business. It seeks to provides capital to companies in exchange for rights to a small percentage of future revenue... DUKE.L Profile

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