Experian Plc Stock Forecast
Experian Plc stock price down 0.250% on Friday
(Updated on Apr 19, 2024)
The Experian Plc stock price fell by -0.250% on the last day (Friday, 19th Apr 2024) from £3,206.00 to £3,198.00. During the last trading day the stock fluctuated 2.03% from a day low at £3,150.00 to a day high of £3,214.00. The price has fallen in 7 of the last 10 days and is down by -5.69% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 2 million shares were bought and sold for approximately £7.53 billion.
Given the current horizontal trend, you can expect Experian Plc stock with a 90% probability to be traded between £3,258.22 and £3,586.12 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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EXPN.L Signals & Forecast
There are few to no technical positive signals at the moment. The Experian Plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £3,271.71 and £3,370.54. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -8.68%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Experian 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.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £64.00 (2.03%) between high and low. For the last week, the stock has had daily average volatility of 2.21%.
Experian Plc is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EXPN.L) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Experian Plc to open at £3,187.33, and during the day (based on 14 day Average True Range), to move between £3,135.75 and £3,260.25, which gives a possible trading interval of +/-£62.25 (+/-1.95%) up or down from last closing price. If Experian Plc takes out the full calculated possible swing range there will be an estimated 3.89% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ £3,206.00, some £8.00 (0.25%) from the current price of £3,198.00, our system finds the risk reward not very attractive.
Is Experian Plc stock A Buy?
Experian Plc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.059 Sell Candidate Unchanged
Predicted Opening Price for Experian Plc of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| £3,187.33 ( 0.334%) | £3,198.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EXPN.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,251.34 | 1.67 % | |
| R2 | 3,226.89 | 0.90 % | ||
| R1 | 3,211.78 | 0.431 % | ||
| Current price: | 3,198.00 | |||
| Support | S1 | 3,162.89 | -1.10 % | |
| S2 | 3,147.78 | -1.57 % | ||
| S3 | 3,123.33 | -2.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,436.00 | 7.44 % | |
| R2 | 3,378.00 | 5.63 % | ||
| R1 | 3,206.00 | 0.250 % | ||
| Current price | 3,198.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
EXPN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 04, 2024 | Jan 04, 2024 | Jan 04, 2024 | £0 | 0% |
| 2 | Jun 22, 2023 | Jun 22, 2023 | Jun 22, 2023 | £29.69 | 1.03% |
| 3 | Nov 16, 2022 | Jan 05, 2023 | Feb 03, 2023 | £13.91 | 0.444% |
| 4 | May 18, 2022 | Jun 23, 2022 | Jul 22, 2022 | £29.75 | 1.05% |
| 5 | Nov 17, 2021 | Jan 06, 2022 | Feb 04, 2022 | £11.69 | 0.385% |
FAQ
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