VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will FDEV.L stock price go up or down on Wed, 22 May 2019?

Predict

Frontier Developments Plc Forecast and Stock Analysis

Technical FDEV.L stock analysis for Monday May 20, 2019.

Sell candidate since 2019-05-15 Loss -1.17%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 0.77
ROA 8.91%
Price to book GBP 1.94
P/E Ratio n/a
Next Earnings Date n/a


Frontier Developments Plc gained 2.32% in the last trading day ( Monday, 20th May 2019 ), rising from £991.00 to £1 014.00 During day the stock fluctuated 3.58% from a day low at £979.00 to a day high of £1 014.00. The price has been going up and down for this period, and there has been a 1.2% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 475 088 more shares were traded than the day before. In total, 514 574 shares bought and sold for approximately £521.78 million.

Quick summary:

  • 30 day high of the FDEV.L stock price was £1 146.00 and low was £944.00.
  • 90 day high was £1 146.00 and low was £790.00.
  • 52 week high for the Frontier Developments Plc - £1 880.00 and low - £730.00.

Trend

Frontier Developments Plc lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £992.14 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.96% during the next 3 months and, with 90% probability hold a price between £1 160.41 and £1 390.54 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are mixed signals in the stock today. Frontier Developments Plc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at £1 037.00 and £1 032.63. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Friday May 17, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

RSI14 is 52 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £960.00 and £896.00.

There is 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, Frontier Developments Plc finds support just below today's level at £960.00. If this is broken, then the next support from accumulated volume will be at £896.00 and £862.00.

Support: £960.00 Price: £1 014.00 Resistance: £1 030.00

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £35.00 between high and low, or 3.58%. For the last week, the stock has had a daily average volatility of 3.88%.

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

3.88 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today FDEV.L ranks #2484 as SELL CANDIDATE #2484 Weaker Sell

Will FDEV.L stock price go up or down
on Wed, 22 May 2019?

Predict

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