Francesca's Holdings Corp Stock Forecast
Red day on Wednesday for Francesca's Holdings Corp stock after losing 1.33%
(Updated on Apr 17, 2024)
The Francesca's Holdings Corp stock price fell by -1.33% on the last day (Wednesday, 17th Apr 2024) from £187.50 to £185.00. During the last trading day the stock fluctuated 2.19% from a day low at £183.00 to a day high of £187.00. The price has risen in 4 of the last 10 days and is up by 1.09% over the past 2 weeks. Volume has increased on the last day by 26 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 58 thousand shares were bought and sold for approximately £10.78 million.
The stock lies in the middle of a narrow and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 19.10% during the next 3 months and, with a 90% probability hold a price between £217.86 and £223.89 at the end of this 3-month period.
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FRAN.L Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, April 16, 2024, and so far it has fallen -1.33%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Francesca's Holdings Corp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 £184.45 and £179.56. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Francesca's Holdings Corp stock
Francesca's Holdings Corp finds support from accumulated volume at £180.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £4.00 between high and low, or 2.19%. For the last week the stock has had daily average volatility of 3.38%.
Our recommended stop-loss: £178.62 (-3.45%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (FRAN.L) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect Francesca's Holdings Corp to open at £185.00, and during the day (based on 14 day Average True Range), to move between £180.08 and £189.92, which gives a possible trading interval of +/-£4.92 (+/-2.66%) up or down from last closing price. If Francesca's Holdings Corp takes out the full calculated possible swing range there will be an estimated 5.32% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £187.50 (1.35%) than the support at £180.00 (2.70%), 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 Francesca's Holdings Corp stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Francesca's Holdings Corp stock to perform well in the short-term.
Current score: 3.201 Buy Candidate Unchanged
Predicted Opening Price for Francesca's Holdings Corp of Thursday, April 18, 2024
| Fair opening price April 18, 2024 | Current price |
|---|---|
| £185.00 ( 0%) | £185.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FRAN.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 189.00 | 2.16 % | |
| R2 | 187.47 | 1.34 % | ||
| R1 | 186.53 | 0.83 % | ||
| Current price: | 185.00 | |||
| Support | S1 | 183.47 | -0.83 % | |
| S2 | 182.53 | -1.34 % | ||
| S3 | 181.00 | -2.16 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 187.50 | 1.35 % | ||
| Current price | 185.00 | |||
| Support | S1 | 180.00 | -2.70% | |
| S2 | 163.50 | -11.62% | ||
| S3 | 160.50 | -13.24% |
FRAN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 09, 2023 | Apr 13, 2023 | May 12, 2023 | £1.10 | 0.618% |
| 2 | Jul 26, 2022 | Sep 08, 2022 | Sep 23, 2022 | £0.90 | 0.590% |
| 3 | Mar 03, 2022 | May 12, 2022 | May 27, 2022 | £0.90 | 0.643% |
| 4 | Jul 22, 2021 | Sep 02, 2021 | Sep 17, 2021 | £0.600 | 0.441% |
| 5 | Mar 04, 2021 | May 13, 2021 | May 28, 2021 | £0.80 | 0.604% |
FAQ
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