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 GAW.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Games Workshop Group plc stock price ended at £9,860.00 on Wednesday, after losing 1.10%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Loss -1.89% PDF

The Games Workshop Group plc stock price fell by -1.10% on the last day (Wednesday, 27th Mar 2024) from £9,970.00 to £9,860.00. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.56% from a day low at £9,765.00 to a day high of £10,015.42. The price has fallen in 6 of the last 10 days and is down by -0.95% 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 -16 thousand shares and in total, 26 thousand shares were bought and sold for approximately £253.90 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Games Workshop Group plc stock with a 90% probability to be traded between £9,501.73 and £10,404.80 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

GAW.L Signals & Forecast

The Games Workshop Group plc 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 £10,065.00. On a fall, the stock will find some support from the long-term average at approximately £9,773.71. 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). 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 Thursday, March 21, 2024, and so far it has fallen -4.09%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Tuesday, February 20, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, February 20, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Tuesday, March 05, 2024 and based on theory for this formation the price should go up by 5.36% to £10,388.37 within 43 trading days since signal was issued (Thursday, March 28, 2024).

Support, Risk & Stop-loss for Games Workshop Group plc stock

Games Workshop Group plc finds support from accumulated volume at £9,830.00 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 £250.42 between high and low, or 2.56%. For the last week, the stock has had daily average volatility of 2.54%.

Our recommended stop-loss: £9,366.27 (-5.01%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Games Workshop Group plc to open at £9,880.14, and during the day (based on 14 day Average True Range), to move between £9,641.25 and £10,078.75, which gives a possible trading interval of +/-£218.75 (+/-2.22%) up or down from last closing price. If Games Workshop Group plc takes out the full calculated possible swing range there will be an estimated 4.44% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £9,830.00 (0.30%) than the resistance at £9,935.00 (0.76%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Games Workshop Group plc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Games Workshop Group plc stock to perform well in the short-term period.

Current score: 1.167 Buy Candidate Unchanged

Predicted Opening Price for Games Workshop Group plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£9,880.14 ( 0.204%) £9,860.00

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

Trading levels for GAW.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10,130.55 2.74 %
R2 10,034.90 1.77 %
R1 9,975.80 1.17 %
Current price: 9,860.00
Support S1 9,784.48 -0.766 %
S2 9,725.38 -1.37 %
S3 9,629.72 -2.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9,970.00 1.12 %
R2 9,955.00 0.96 %
R1 9,935.00 0.761 %
Current price 9,860.00
Support S1 9,830.00 -0.304%
S2 9,625.00 -2.38%
S3 9,400.00 -4.67%

GAW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 04, 2024 Apr 04, 2024 May 13, 2024 £105.00 1.06%
2 Jan 18, 2024 Jan 18, 2024 Feb 23, 2024 £1.20 0.0123%
3 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 £50.00 0.478%
4 Aug 03, 2023 Aug 03, 2023 Aug 03, 2023 £145.00 1.27%
5 Apr 06, 2023 Apr 06, 2023 Apr 06, 2023 £120.00 1.28%

FAQ

What is the symbol for Games Workshop Group plc Stock and on which exchange is it traded?
The symbol for Games Workshop Group plc is GAW.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Games Workshop Group plc Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Games Workshop Group plc stock to perform well in the short-term period.

How to buy Games Workshop Group plc Stock?
Games Workshop Group plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Games Workshop Group plc Stock.

What's the current price of Games Workshop Group plc Stock?
As of the end of day on the 2024-03-27, the price of an Games Workshop Group plc (GAW.L) share was £9,860.00.

What is the 52-week high and low for Games Workshop Group plc Stock?
The 52-week high for Games Workshop Group plc Stock is £11,850.00 and the 52-week low is £8,860.00.

What is the market capitalization of Games Workshop Group plc Stock?
As of the 2024-03-27, the market capitalization of Games Workshop Group plc is 3.249B.

When is the next earnings date for Games Workshop Group plc?
The upcoming earnings date for Games Workshop Group plc is Jul 22, 2024.
Click to get the best stock tips daily for free!

About Games Workshop Group plc

Games Workshop Group plc Games Workshop Group PLC, together with its subsidiaries, designs and manufactures miniature figures and games. It operates through Trade, Retail, and Online segments. The company's games include Warhammer: Age of Sigmar; Warhammer 40,000; Horus Heresy; and Middle-earth strategy battle game. It also publishes short stories, audio dramas, full length novels, and audio books under the Black Library name through physical bookstores, third party onli... GAW.L Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT